Devon Newton shares how Stiles Property Management escaped the "Efficiency Paralysis Cycle" and generated measurable savings across their portfolio.
The "Efficiency Paralysis Cycle" - Why Most Buildings Never See ROI:
* Low visibility into building performance
* Lack of CRE tech expertise
* Unproven ROI projections
* Budget constraints that keep savings stuck
Hard Numbers, Real Results:
* $300,000 CapEx savings on distributed antenna systems
* $52,000+ annual energy savings potential across 5 specific optimizations
* $95,000 in additional savings opportunities identified at their second property
Devon manages 116 properties across the Southeast USA for Stiles, a portfolio that's 95% third-party owned, meaning every dollar saved directly impacts client relationships and renewals. This isn't theory. These are real projects, real savings, real ROI!
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Devon Newton shares how Stiles Property Management escaped the "Efficiency Paralysis Cycle" and generated measurable savings across their portfolio.
The "Efficiency Paralysis Cycle" - Why Most Buildings Never See ROI:
* Low visibility into building performance
* Lack of CRE tech expertise
* Unproven ROI projections
* Budget constraints that keep savings stuck
Hard Numbers, Real Results:
* $300,000 CapEx savings on distributed antenna systems
* $52,000+ annual energy savings potential across 5 specific optimizations
* $95,000 in additional savings opportunities identified at their second property
Devon manages 116 properties across the Southeast USA for Stiles, a portfolio that's 95% third-party owned, meaning every dollar saved directly impacts client relationships and renewals. This isn't theory. These are real projects, real savings, real ROI!
In episode 40 of Sh*t You Wish Your Building Did, we dive deep into the unvarnished realities of running a PropTech startup with Michael Grant, founder of Metrikus and co-creator of Smart Buildings Boot Camp.
Michael shares hard-earned insights from 6 years in the trenches, covering everything from fundraising in 2025 to why partnerships in real estate are so much harder than other industries.
What You'll Learn:
Why PropTech sales cycles can stretch 12+ months and how to shorten them
The shift in VC funding since the 2021-2022 "bubble" burst
Why hardware can kill deals, and software-only solutions win
The reality behind recent PropTech acquisitions
Strategic advice for founders at different stages
Why customer champions are everything in this industry
Resources Mentioned:
Smart Buildings Boot Camp https://smartbuildingbootcamp.com/
Subscribe to Memoori for more PropTech insights https://memoori.com/subscription/
Sh*t You Wish Your Building Did!
Devon Newton shares how Stiles Property Management escaped the "Efficiency Paralysis Cycle" and generated measurable savings across their portfolio.
The "Efficiency Paralysis Cycle" - Why Most Buildings Never See ROI:
* Low visibility into building performance
* Lack of CRE tech expertise
* Unproven ROI projections
* Budget constraints that keep savings stuck
Hard Numbers, Real Results:
* $300,000 CapEx savings on distributed antenna systems
* $52,000+ annual energy savings potential across 5 specific optimizations
* $95,000 in additional savings opportunities identified at their second property
Devon manages 116 properties across the Southeast USA for Stiles, a portfolio that's 95% third-party owned, meaning every dollar saved directly impacts client relationships and renewals. This isn't theory. These are real projects, real savings, real ROI!
