Smarter Asset Management Starts with Accurate Square Footage Data
A well-maintained and accurate portfolio is the cornerstone of effective real estate asset management. Today’s asset managers are expected to deliver strategic insights and financial oversight across complex property portfolios. Achieving this requires accurate data, especially when decisions hinge on cost-per-square-foot metrics.
Modern interactive software solutions are transforming how asset managers access and analyze building data. By leveraging 3D laser scanning and collaborative digital as-builts, professionals can ensure that square footage calculations are accurate and dynamically updated. These records form the foundation for smarter budgeting, forecasting, and long-term asset management strategies.
With the integration of Building Information Modeling (BIM), asset managers gain a powerful toolset to reduce risk, uncover opportunities, and drive value across their portfolios.
A building information model (BIM) is a digital representation of the physical and functional characteristics of a building or infrastructure project. BIM stores all the information about a building’s life cycle in one place, including design, construction, and operational data, which can be used for planning, renovation, and maintenance. It provides accurate spatial relationships and manufacturer details, as well as geographic information and other pertinent aspects of the building.
Keep Everything in Sync with Centralized Digital Records
Your property portfolio is more than a list of assets, it’s a living system of information that tracks current conditions, maintenance schedules, contact details, and more. Keeping this data accurate and accessible is essential for making informed decisions and delivering value to your clients.
With the integration of 3D laser scanning and BIM documentation, asset managers can now manage these responsibilities with greater speed and precision – an approach supported by research from the University of Cambridge and PwC on the value of BIM in asset management. BIM provides a detailed, interactive digital model of each property, offering a real-time view of existing conditions. These digital as-builts serve as a centralized source of truth, ensuring that all stakeholders are working from the same up-to-date records.
The ability to access this information remotely reduces the need for site visits, saving time and operational costs. More importantly, it enhances communication with clients by allowing you to visually demonstrate current conditions, proposed changes, and long-term planning scenarios. This level of transparency and responsiveness strengthens trust and supports more proactive asset management.
Know What You Own, Own What You Know
A clear understanding of your assets is essential to maximizing their value. BIM enhances your real estate portfolio by giving you a detailed, interactive 3D visualization of each property. This digital perspective allows you to identify untapped opportunities, whether it’s optimizing space utilization, planning renovations, or improving energy efficiency.
With collaborative digital as-builts, you can simulate design changes and immediately see how they impact the layout, aesthetics, and functionality of a space. These simulations also provide more accurate cost projections, helping you and your clients make informed investment decisions with confidence.
With data-backed insights, you strengthen your role as a trusted advisor. Clients are more likely to invest when they can see the potential of a property supported by reliable records and visual evidence. This level of transparency and foresight is a key differentiator in modern asset management.
Make Smarter Decisions by Knowing What You Own
When clients are evaluating a potential investment, uncertainty can delay or derail the decision-making process. BIM helps eliminate that uncertainty by offering a clear, interactive visualization of a property, whether it’s existing, under renovation, or still in the planning phase.
With collaborative digital as-builts and 3D laser scanning, you can present a highly accurate, data-rich model that allows clients to explore the property remotely. This is especially valuable when site access is limited, or travel is costly. Clients can assess current conditions, visualize proposed changes, and understand spatial relationships —all without the need for multiple site visits.
By providing detailed and accessible records, you empower clients to make confident and informed decisions. This level of insight can accelerate the investment process and strengthen your role as a strategic partner in long-term asset management.
Interactive Software Solutions for Asset Management Success
Our updated reality capture features allow you to access and organize virtual tours and point clouds, all in one place. You can filter by file type, search by job details, and interact with your data for a more streamlined experience.
SiteMap® is redefining how asset managers, developers, and facility professionals interact with building data. Unlike traditional GIS software, SiteMap is a comprehensive, interactive platform purpose-built to house and manage all your spatial and building information in one centralized, cloud-based environment.
Learn how SiteMap is revolutionizing facility management and construction site data analysis.
Designed to support the full lifecycle of real estate assets, SiteMap is more than a GIS platform. It’s a centralized hub for above and belowground data, including utility locating information captured through GPRS’ industry-leading services. Every dataset within SiteMap is backed by our 99.8% accuracy rate, ensuring that asset managers, developers, and facility professionals can trust the integrity of their data.
SiteMap seamlessly integrates digital as-builts, 3D laser scan data, and BIM models into a single, interactive interface. It transforms your digital records into actionable insights. Whether you’re managing a single facility or a national portfolio, SiteMap empowers you to visualize, analyze, and share data with clarity and control.
From capital planning to day-to-day asset management, SiteMap delivers the software solutions you need to make smarter, faster decisions. With secure access from anywhere, SiteMap is the digital foundation for modern asset intelligence.
Click below to schedule your free, personal SiteMap demo today!