Did you know that 85 percent of payments made by builders to subcontractors are paper-based? As the economy continues to improve, construction spending is ramping up and financial institutions are taking note, implementing new technologies designed to speed up and streamline the construction loan process – a notoriously difficult, mostly manual and paper-based process with lots of room for improvement.Read More
Sansari Plc, one of the largest real estate developers in Thailand, has announced that its investment arm will deploy $47 million over the next three years in real estate and construction industry technology startups. Notable standing on its own, for sure, but what does this mean for the construction and prop tech investment climate more generally? We dive deeper into that question in this article.Read More
Founded in 2014, Built is an online platform where all of the parties to a construction loan – lenders, builders, and borrowers – can collaborate and interact in real time.Read More
Become a subscriber!
The future of the AEC industry.
Delivered to your inbox.
Sign up to get every new AEC Labs article and other important updates with our team's latest thoughts on the future of tech and the construction industry.