Northspyre, the end-to-end real estate development management platform, has introduced its Enterprise Edition, a new packaging option designed to help larger development firms improve operational efficiency, reduce development costs and meet strict compliance requirements with flexible, precise controls.
Enterprise Edition provides the same benefits as Pro Edition, plus advanced customization, administration, and integration tools required by large and enterprise organizations. This packaging tier will enable large organizations to become more agile and efficient while maintaining the highest levels of compliance and control.
“While real estate development has started to rebound amid interest rate declines, it is more important now than ever for development teams to implement technology that will make their organizations more resilient and better equipped to make data-informed decisions that improve project costs and overall budget management through future market turbulence,” said William Sankey, CEO and co-founder of Northspyre. “As new opportunities arise, it’s time for developers to work smarter, not harder — harnessing the power of their data and innovations like AI and automation to stay ahead in an increasingly competitive market.”
The announcement comes after the 2024 debuts of add-on products developed through customer feedback to meet market needs and address developers’ unique challenges. Complex Capital Management simplifies project delivery and reduces risk for developers managing projects with non-traditional capital stacks and complex source requirements, including low-income housing tax credits. Portfolio Analytics Plus delivers advanced analytics tools, including Compare and Portfolio Capital Planning, for executives to accelerate portfolio performance, inform stronger investment strategies and fuel long-term business growth. The company also released Northspyre AI in 2024, the industry’s first generative AI tool that drives down costs by identifying saving opportunities and scope gaps in the bidding process.
Since its founding in 2017, Northspyre has primarily focused on helping small and mid-sized firms modernize development operations. Now, Northspyre will bring the power of its platform to enterprise customers – from full-service development firms and corporate real estate teams to institutions and infrastructure renewables.
Key features of the Enterprise Edition include custom roles and permissions, enabling project leads to manage who can see and interact with specific data; Open API technology that connects Northspyre with enterprise apps; a single sign-on; budget transaction approvals through a custom workflow; multi-project reporting that aggregates data inot a single draw request more.