The relationship between real estate investment management and construction project management is closer than most software vendors acknowledge. For development-focused investment organisations — those that create value through ground-up development or significant value-add construction rather than simply acquiring stabilised assets — the investment management and construction management functions are not parallel activities that happen to occur at the same organisation. They are interdependent disciplines whose outcomes depend on how well they share information and coordinate decisions. The software environment in which this coordination happens either enables or constrains that interdependence. And most real estate technology stacks constrain it.…