Real estate owners have always lacked visibility into the cost and status of their projects even though they carry all the financial risks. Annually, $10 trillion is spent on construction around the world. The Economist found that 60% of capital and construction projects are behind schedule and over budget, and McKinsey reports that project delays are directly linked to the lack of adoption with technology.
Honest Buildings—the only project management platform built for real estate owners, and backed by real estate owners—is putting data back into their hands. Global, national and local owners like Brookfield, Oxford Properties, Beacon Capital Partners, Invesco, SL Green, The Durst Organization, Silverstein Properties, JBG Smith, Harvest Properties, Parkway Properties and Rudin Management are already leveraging the power of our platform’s data-driven technology to ensure projects are completed on time and on budget.
Our mission is to accelerate urban progress by empowering collaborative, data-driven decision making, project by project, building by building, city by city.
Riggs co-founded Honest Buildings in 2012 after a decade in the commercial real estate industry, including five years at Tishman Speyer in acquisition, asset management and global sustainability. He learned first-hand the frustration and inefficiency of the real estate industry relying on out-dated, paper-based processes and he believes strongly that innovative enterprise technology can solve these problems in the same way it has in almost every other industry.
Riggs is relentlessly focused on building the best team and the most intuitive technology to move the real estate industry forward. He is widely recognized as a thought leader in real estate technology, speaking at venues everywhere from the White House to our own annual Honest Buildings Real Estate Innovations Summit. He has contributed to leading publications, including Entrepreneur and The Commercial Observer.
As head of our Product team, Geoff ensures that the Honest Buildings platform is intuitive, intelligent and easy to use for our customers. Geoff has always been fascinated with technology and its ability to shape the built environment. After a year researching energy efficiency and green tech as a Fulbright Scholar in China, he spent several years in private equity with a focus on technology investments. Geoff started at Honest Buildings as the head of Business Development, where he helped develop a 'customer-first' account team.
Crystal draws on more than a decade of experience as a leader within the commercial real estate industry to help define the Honest Buildings brand to the market and to the team as head of performance. She spent seven years focused on marketing at Colliers International, most recently as Director of Public Relations on the U.S. and global teams and previously served on the executive committee running marketing and culture for the Colliers South Florida region. She began her career in CRE as an editor and writer at GlobeSt.com. She is a graduate of Columbia University in New York City.
David Starr co-heads our engineering team with an eye on data strategy, drawing on ten years of experience building quantitative software systems. At Goldman Sachs, he created statistical models to predict energy prices and wrote software to track complex physical transactions. At HaystaqDNA, he built the machine learning pipeline that companies used to optimize their consumer marketing efforts. Prior to industry, David studied mathematics and physics at MIT and Stanford.
William Zhang is a seasoned engineering manager. He currently co-heads our engineering team at Honest Buildings, with a focus on growing the engineering team and scaling the platform to ensure that our customers have a seamless user experience. Previously, William worked at Microsoft, Credit Suisse, and Goldman Sachs. He earned an MS in computer science, with a specialization in machine learning, from Columbia University, and a BS in electrical engineering from Beijing University of Posts and Telecommunications.