- Slice of Real Estate
- Posts
- Built Announces Advanced CRE Capabilities and New Asset & Portfolio Management Product
Built Announces Advanced CRE Capabilities and New Asset & Portfolio Management Product
Slice of Real Estate Team
June 12, 2024
Key Highlights:
Boosts revenue by speeding up fund distribution and increasing Loan Administrators' efficiency.
Strengthens competitive edge with improved borrower experiences and streamlined draw processes.
Ensures regulatory compliance with workflow customization and detailed reporting.
Seamlessly integrates with existing systems, including a proprietary Excel add-in.
Source (Business Wire)
Notable Quotes
"Built's advanced CRE capabilities will not only enhance our business operations but also improve our service delivery. We are enthusiastic about expanding our collaboration with Built as we address the country’s housing challenges."
"Like construction, CRE has been largely underserved by technology. These new advanced tools power unmatched visibility, efficiency and risk management capabilities, crucial in today's challenging landscape."
Our Take:
Built's new advanced capabilities in its Construction Loan Administration product and the launch of its Asset & Portfolio Management product represent significant enhancements for Lenders in the CRE market. The integration of digital automation, seamless Excel add-in, and streamlined draw processes not only boost efficiency but also improve regulatory compliance and customer satisfaction. These advancements are set to transform how Lenders manage their portfolios, providing superior risk management and a stronger competitive edge. Built continues to demonstrate its commitment to addressing the complexities of CRE financing with innovative technology solutions.