REAL ESTATE TECHNOLOGY
GPARENCY | November 23, 2021
With an eye to the future of the commercial mortgage industry, Ira Zlotowitz, renowned for his success founding and leading Eastern Union, a national commercial mortgage brokerage company, today announced the launch of a new game-changing service, GPARENCY, to help clients go directly to the bank. GPARENCY is oversubscribed, raising the maximum of
$15 million in venture-backed capital from over 125 real estate professionals and engaged strategic partners (including Customers Bank), the largest seed round in the commercial space, to fund this new approach to mortgage financing.
Gauging both the core interests of the banks and the borrowers they serve, Zlotowitz formed GPARENCY to provide a new direct-to-bank formula for the mortgage business. This model empowers borrowers with transparency, technology, and professional services with expert touches from top real estate finance executives.
"After studying the commercial mortgage market, we saw that 20% of borrowers exclusively use brokers, while 80% want to work directly with banks. Many think that broker fee structures for larger deals needed to be changed. This is exactly what we are doing at GPARENCY, Make no mistake, GPARENCY is the future of the mortgage industry. Today's commercial real estate investors are smarter, banks are more sophisticated, and full-scale, one-size fits all mortgage brokerage firms belong to the past. Our transparency, technology and flat fee pricing structure will empower and free the industry to reach their goals more efficiently and successfully than ever before"
In the future, GPARENCY will offer long-term plans for clients that will provide all data and tools directly to them through a subscription-based service called LANDSCAPE. This will allow clients to see maps with parcels showing public information, banking information, and access to all sales brokers in real time, making GPARENCY's differentiating technology client-facing.
GPARENCY is revolutionizing the commercial mortgage industry. Through radical transparency and a tech-forward process, GPARENCY puts borrowers in the driver's seat so they can direct their own mortgage, access lenders directly, hire professionals by the hour, and Take it to the bank™. Out with the mystery and the inflated commissions. In with the clarity, transparency, and control.
Trimble | May 13, 2020
ManhattanONE is a comprehensive solution for centralizing key real estate functions and data analyses essential for optimizing real estate performance, improving decision-making.
Deloitte, among other collaborators in Trimble's Real Estate Global Alliance Program, will work with Trimble on the ManhattanONE launch to bring the new capabilities to clients.
ManhattanONE gives corporate real estate, facility management and senior finance professionals the convenience and power of a complete, integrated software suite to streamline end-to-end real estate management.
Trimble introduced today its next-generation Integrated Workplace Management System (IWMS) with the launch of ManhattanONE™ software suite. Built for the cloud, ManhattanONE is a comprehensive solution for centralizing key real estate functions and data analyses essential for optimizing real estate performance, improving decision-making and enhancing the employee experience.
ManhattanONE provides simple and flexible access to all the software suite modules—from comprehensive financial management, including accounting, lease and FASB/IASB compliance to space, room booking, projects, maintenance and sustainability—so organizations can manage the features and functionality they need as their real estate requirements evolve. Unlike point products that only solve one specific business problem, ManhattanONE gives corporate real estate, facility management and senior finance professionals the convenience and power of a complete, integrated software suite to streamline end-to-end real estate management.
Read More: Lone Wolf launches new technology Marketplace to every real estate agent in the U.S.
Today, organizations are under pressure to respond to a constantly evolving landscape of workplace change and performance cost analysis, following the unprecedented challenges COVID-19 has created, With ManhattanONE, we're making it easier to address industry challenges by replacing the need to manage disparate real estate systems with a single, scalable solution. ManhattanONE centralizes portfolio, building, workplace and finance lease information to help organizations monitor and benchmark key real estate data and drive evidence-based decision-making. As a complete solution, ManhattanONE fulfills the strategic requirements of a future-proof application landscape with seamless access to the latest system developments as we continue to expand and extend the solution,
Suresh Sundaram, general manager of Trimble Real Estate.
Deloitte, among other collaborators in Trimble's Real Estate Global Alliance Program, will work with Trimble on the ManhattanONE launch to bring the new capabilities to clients, leveraging Deloitte's significant experience with the deployment of real estate technology platforms.
Using the right tools are an important part of a company's ability to respond, recover and thrive in today's environment. We are thrilled to team with Trimble to help companies who are looking for a solution to optimize their real estate portfolios and leverage the technology to enable their return-to-the-office initiatives,
Francisco J. Acoba, managing director, Deloitte Consulting LLP.
"As a global architecture and interiors firm, HOK is aware of the worldwide challenge companies are having with how to move back into the workplace post COVID-19," said Cheryl Jefferies, senior principal at HOK. "We believe that having and using the right software is essential in managing physical distancing and space allocations. As a member of Trimble Real Estate's Global Alliance Program, we are looking forward to introducing Trimble's new ManhattanONE to customers and combining the solution with HOK's leading space management services to help organizations through this difficult time."
ManhattanONE is deployed via a continuously monitored SOC 1 and ISO 27001 certified cloud platform, powered by Amazon Web Services (AWS). This gives customers a modern IWMS without the constraints of building and maintaining their own underlying infrastructure as well as the financial benefits of eliminating the need to buy and maintain hardware.
Read More: 6 Ways to Finance Real Estate Investments
Trimble is transforming the way the world works by delivering products and services that connect the physical and digital worlds. Core technologies in positioning, modeling, connectivity and data analytics enable customers to improve productivity, quality, safety and sustainability. From purpose built
REAL ESTATE TECHNOLOGY
businesswire | November 18, 2020
Parque Arauco S.A. announces that for the fifth consecutive year, it is the only Chilean real estate company in the Emerging Markets Dow Jones Sustainability Index ,Dow Jones Sustainability Chile Index and Dow Jones Sustainability MILA Pacific Alliance Index.
About the Dow Jones Sustainability Index
The Dow Jones Sustainability Index is one of the most rigorous and well respected indices in the world. Its methodology independently evaluates more than 7,300 companies, from 60 industries in more than 40 countries. The focus of the evaluation analyzes the information of over 100 industry-specific questions focusing on economic, environmental and social factors that are relevant to the companies’ success. In the real estate sector some of the most important factors reviewed are corporate governance, risk and crisis management, as well as customer relationship practices. Additionally, climate change, operational eco-efficiency, conservation and environmental efficiency strategy is evaluated. Social factors evaluated include human capital, labor practices, integration and stakeholder engagement.
Manjit Jus, Global Head of ESG Research and Data, S&P Global commented: “We congratulate Parque Arauco for being included in the DJSI Emerging Markets, Chile and MILA Indexes. A DJSI distinction is a reflection of being a sustainability leader in your industry. With a record number of companies participating in the 2020 Corporate Sustainability Assessment and more stringent rules for inclusion this year, this sets your company apart and rewards your continued commitment to people and planet."
Parque Arauco and sustainability management
Parque Arauco has defined its strategic pillars as growth, profitability and sustainability. The Company has a sustainability agenda that is periodically reviewed by a corporate committee made up of top level executives. Additionally, the Board of Directors receives status updates at least three times a year.
In this context, it is possible to mention a few of the recent advancements made in sustainability.
Regarding environmental matters, in 2019, Parque Arauco tripled its use of renewable energy and reduced its carbon footprint by 60%. Also, more than 16,300 cubic meters of water were recycled for garden irrigation and cleaning purposes, and more than 3,700 tons of waste were recycled, which was an increase of 20% from 2018. In social integration matters, the company developed more than 220 fairs, supporting 1,500 entrepreneurs in its shopping centers in 2019. Additionally, Parque Arauco has been recognized for its good labor practices and works with strategic suppliers to promote sustainability practices.
Currently, Parque Arauco has 1,075,500 m2 of total GLA in Chile, Peru, and Colombia. The Company inaugurated its first shopping center in Chile in 1982, entered Peru in 2006 and Colombia in 2008. The company’s assets include 8 regional shopping centers, 1 neighborhood center, 4 premium outlet malls and 17 strip centers in Chile; 6 regional shopping centers, 9 neighborhood centers, 2 premium outlet malls and 3 strip centers in Peru; 3 regional shopping centers and 1 premium outlet mall in Colombia, as well as a land bank to contribute to the company’s future growth plans.