Building information modeling (BIM) is the most important technological breakthrough you have never heard of. BIM has huge applications to the real estate investment management and construction industries, as well as infrastructure and real assets. The adoption of BIM standards and practices in workflows could enable institutional investors and investment managers to lower costs, reduce risk and increase returns. Terry Bennett is senior industry strategist, civil infrastructure, with Autodesk Inc., and Chris Keyack is industry principal – commercial, healthcare, government and education with e-Builder Inc. They recently shared some insights about these new development technologies with Institutional Real Estate Americas.

Most real estate investors are unfamiliar with building information modeling, but it has significant potential for development projects. What is the BIM elevator pitch for real estate and infrastructure