Company: Honest Buildings
Source: Commercial Property Executive
By Leah Etling, Contributing Writer
Is commercial real estate finally starting to bridge its technology gap? Riggs Kubiak thinks so, and he’s a good one to ask. He’s the founder & CEO of Honest Buildings, a platform that New York real estate developers and owners can use to connect with architects, contractors and other vendors. The company tripled the valuation of projects on which it has matched bidders and buyers in the first half of this year.
“People are now accustomed to using Google to search for things, OpenTable to make a reservation; to finding reviews on Yelp and connecting with people on LinkedIn. And they’re used to booking travel on sites like Kayak or Priceline. That precedent has enabled the conversation about technology in commercial real estate to really resonate with people, much more so than it did even five years ago,” said Kubiak, the former head of sustainability at Tishman Speyer.
He founded Honest Buildings two years ago and since then has enabled $215 million in projects to find their way into capable hands. Along the way, the process of finding the right individual or company for the job is buoyed by referrals and references, but his company has made the process exponentially speedier, more professional and more rewarding for all involved.