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Banner makes software for CRE owners to manage capital spend
Banner is the operating system for real estate teams. From building acquisition to disposition, Banner moves all communications, workflows, spreadsheets, and file-sharing into one system. With Banner, customers automate away 80%+ of their administrative work, saving up to 10% on project costs. The company is founded by Mark Murphy who formerly worked in RE finance, along with Kunal Chaudhary and Eric Gao, both UC Berkeley EECS alums.
Banner provides software for commercial real estate owners to manage capital spend and derisk projects. The site text emphasizes derisking projects for CRE owners, focusing on capital expenditure management.
A software solution aimed at CRE owners to manage capital spend on projects, with a focus on derisking project execution. The product likely offers tooling around budgeting, approvals, and tracking of capital expenditures for CRE projects, though the site text provides no detailed feature list.
Who it’s for: Commercial real estate owners / operators managing capital projects
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