OSCRE | August 17, 2020
The current environment has confirmed the challenges many organizations face in gathering lease information for discussions with tenants around modifications to existing lease agreements. The IDM provides a framework for core real estate functions with more than 130 use-cases covering leasing, space management, facilities management work orders, investment management and more. It has been developed over nearly 20 years in collaboration with real estate owners, occupiers and investors, service providers, leading software companies and other real estate industry stakeholders.
AccuTitle | July 03, 2020
AccuTitle, a leading provider of title management platforms focused on streamlining the real estate title production and closing process, has announced the acquisition of Florida-based Landtech Data Corp. This acquisition increases AccuTitle's client base to over two thousand title organizations and adds key states to its offering. The industry experts at AccuTitle and Landtech, together with the recently acquired Closers' Choice team, create an outstanding leadership lineup to drive the TitleFusion product. TitleFusion is a cloud-based, leading- edge solution which can be accessed securely from anywhere, anytime through all major browsers. This product is suitable for most of the Eastern seaboard, Gulf Coast as well as other states. Title professionals will have the option to choose between the current solutions offered by Landtech and Closers' Choice, and the best-of-breed TitleFusion platform.
REAL ESTATE TECHNOLOGY
prnewswire | November 19, 2020
Business property estimations have changed over the most recent a half year because of the pandemic and land is at present in an unchartered area. That is as indicated by the leader of business land financier NAI Pleasant Valley, Alec Pacella, who spoke Wednesday at the 2020 REALTORS Conference and Expo.
Pacella, who facilitated a meeting named, "Selling CRE Properties: How COVID-19 Impacts the Numbers," summed up the ongoing history of the business land industry, including its estimating file, esteem pinnacles and purchaser desires.
"In the early part of last decade – 2006, 2007, 2008 – expectations were actually greater than the pricing index. There was more demand than there was supply."
Yet, in 2009 and 2010, as Pacella notes, desires were lower than the estimating list. Therefore, interests in business land were almost nonexistent.
"No deals were happening then," he said. "You couldn't give real estate away in a lot of markets because the expectations were so low."
The situation Pacella portrays isn't not normal for the present status of business land, the same number of proprietors of once-beneficial organizations have watched famous chains battle or be compelled to forever close their entryways.
Pacella says the way to exploring this market is for land owners and speculators to look after exchange. Also, as a result of the market's repeating nature, Pacella says financial specialists will need to be in position to underwrite when conditions ultimately improve.
"In an uncertain market, it's critical to keep conversations going." Having a strategy to engage in open conversation, he says, could eventually lead to a deal in the future.
In the business land area, exchanges can happen when markets are rising or falling, as indicated by Pacella.
"We could sit there and sit on our hands and say 'we're out of business; come talk to me in 2021, 2022 when things get back.' No, that's not what we do, that's not how most of us are wired."
The National Association of Realtors® is America's biggest exchange affiliation, speaking to more than 1.4 million individuals engaged with all parts of the private and business land enterprises.