Why PropTech is different
Long-lived assets.
Fragmented systems.
Buildings outlive the systems that manage them. Property data sits across leases, CAFM tools, BMS feeds, spreadsheets and email, and every new tool adds another silo. A single asset touches owners, tenants, brokers, contractors, facility teams, lenders and investors, each needing a different view with different permissions.
And unlike most software, this one sits on top of money and contracts. Rent, service charges, escrow and investor capital are involved. Errors are expensive, regulators expect clear records, and the platform has to make the next step obvious rather than add another place to check.