REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT
Cresa and 4SITE by CORT | February 07, 2023
On February 06, 2023, one of the world's largest occupier-centric commercial real estate firms, Cresa and a provider of a sensor-based workplace occupancy and space utilization platform, 4SITE by CORT, announced their partnership. The two combined will help office occupiers optimize their workplaces.
Many occupiers are looking for ways to reduce underutilized space and real estate spending, as projected by economic headwinds and promoted by the pandemic in a trend. Cresa and 4SITE both acknowledge the importance of cost-effectiveness for businesses, but they also advocate for a more rounded strategy for optimizing workplace environments, one that considers the wants and needs of both employers and workers.
Cresa and 4SITE's partnership is ingrained in a shared commitment to help occupiers make decisions about their workplaces and using data. 4SITE's wireless sensors are the first of their kind, providing an easy-to-implement plug-and-play option that is both cost-effective and reliable for respondents' right to privacy. With 4SITE, you can track occupancy in real-time and get reports and dashboards that break down utilization averages and peaks, compare utilization across different types of spaces, and more.
Additionally, Cresa's Workplace Solutions Team will provide expert analysis as an add-on to the technology, where the experts leverage the data gleaned from 4SITE's sensors to shed light on how office space can be reduced or reorganized more efficiently. As a result, both partners give occupiers a competitive edge, one that reduces costs and improves the employee experience to bring people back to the office.
About 4SITE by CORT
Based in Chantilly, Virginia, 4SITE is wholly owned by CORT Business Services, a Delaware corporation. 4SITE was created to help office occupiers effectively and efficiently understand the use of office space and provide the required data to assess future office space requirements. By tracking how much space is being used, CORT and its clients can adapt to the needs of a rapidly changing workforce. A 4SITE workplace occupancy study that includes accurate and proactive information can help promote a healthy facility by providing the correct information on how space is used.
Founded in 1993, Cresa is a global commercial real estate advisor. The company specializes in delivering fully integrated real estate solutions and represents occupiers. To think beyond space, enhancing and strengthening the quality of life for clients. Its services are provided across industries, including Workplace Solutions, Consulting, Lease Administration, Transaction Management, Project Management, Technology, Investment Banking & Capital Markets and Portfolio Solutions. In collaboration with London-based Knight Frank, Cresa employs 16,000 people across 380 offices in 51 countries to provide customer service.
REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT
Colibri Real Estate | February 14, 2023
On February 13, 2023, Colibri Real Estate, one of the leading real estate learning solutions providers nationally, announced the launch of a new interactive learning platform for aspiring real estate professionals. The platform was designed based on the feedback shared by the students for easy and engaging experiences in learning and doing the courses.
The new interactive learning platform includes the highlights such as a comprehensive view of each student’s goal, quick-start functionality to pick up where the students left off the course, recommended content and courses to help students reach their goals, provides a goal tracker to monitor the committed time for the course hours, and overall brings all-in-one organized and a convenient platform which starts from the course and instructor information to links and course specific resources, providing access to all the content of the course purchased by a student with filtering option.
Jennifer Dixson Hoff, President of Colibri Real Estate, said, “We are committed to ensuring strong education outcomes that drive early career success, through highly-innovative, interactive learning experiences.” She further added, “With this learning platform evolution, we are building the future of real estate education and are helping people rise to the challenge and achieve more in their careers.”
(Source: Business Wire)
About Colibri Real Estate
Colibri Real Estate gives new and experienced real estate professionals the tools the students require to start or advance their careers. It is part of the Colibri Group, an education company of top brands that helps licensed professionals learn. Expert-led content and curriculum, custom education solutions, robust classrooms, recruitment and study resources, innovative online learning solutions and modalities for every type of learner are all part of its comprehensive set of tools. In addition, the company, based in St. Louis, Missouri, provides first-in-the-industry, widely available live stream courses wherever and whenever the students like to learn about real estate.
MORTGAGE AND LENDING, INVESTMENTS
Newfi Lending and Tavant | February 22, 2023
Newfi Lending, a tech-focused multi-channel mortgage lender, and Tavant, an industry-leading digital lending solutions provider, recently announced the successful integration of the digital mortgage experience of Newfi with Touchless Lending® Document Analysis. This partnership will advance the mortgage industry adds a significant step in the evolution of Newfi's business and marks Tavant's official expansion into Non-QM Lending.
Document Analysis is a product of Tavant's Touchless Lending® automation platform. It is designed to work seamlessly with existing lender systems, such as CRMs, Loan Origination Systems (LOS), Point-of-Sale, and document management systems. It completely transforms document processing by optimizing document-related workflows, and accurately automating document classification, splitting, indexing, categorization, data extraction and pairing with borrowers. Utilizing Touchless Documents will offer Newfi a more simplified and smooth experience for all involved stakeholders.
The partnership between Tavant and Newfi to add Touchless Documents to their digital mortgage experience will include machine-oriented classification and Exception Processing for documents with low confidence rates. This will make it possible to process documents from beginning to end. In addition, the processed records are sourced from Newfi's Broker Portal (BLU), the platform's Origination Experience designed for brokers and TPO partners and integrated with Touchless Lending®.
Newfi is fully deploying the Document Analysis solution into production. This is the first step in integrating Newfi with Touchless Lending®. In this year's beginning, the platform's automated Credit Analysis and Collateral Analysis will be in place. Tavant proactively foresees customer needs and adapts accordingly to offer the correct configurable solution according to the requirements.
About Newfi Lending
Newfi Lending was established in 2014 by a group of experienced industry professionals to revolutionize the mortgage experience. The company has transformed the lending process through a unique blend of cutting-edge technology and innovative product design, providing customers with a more streamlined, transparent, and efficient transaction. By leveraging advanced data analytics and machine learning algorithms, the company can tailor loan products and services to meet each borrower's unique needs and preferences, resulting in a more personalized and practical lending experience.
Tavant has been one of the industry's leading software and solutions providers for over 20 years. Its Touchless Lending® platform maximizes data-driven decision-making to address even the most intricate lender and borrower challenges. One out of every three U.S. loans contributes to the expansion of Tavant's customer base. Based in Santa Clara (California), it is a digital products and solutions provider to its customers across North America, Asia-Pacific and Europe.