REAL ESTATE TECHNOLOGY
businesswire | December 21, 2020
Russell Investments, a main worldwide speculation arrangements accomplice, declared today that South Korea's public benefits store, the National Pension Service (NPS), has collaborated with the firm for US$1 billion worldwide recorded land order. This is the second Global Real Estate Securities (GRES) order granted by NPS to Russell Investments as a feature of their longstanding relationship
“We’re very honored that our dynamic client NPS has extended their trust in our ability to deliver a beneficial listed real estate solution,” said Global Chief Investment Officer Pete Gunning at Russell Investments. “NPS has been actively engaged in the cutting-edge real estate asset class, even amid the COVID-19 pandemic, and we share their commitment to this increasingly important asset class.”
“We are excited to further expand our listed real estate capability to capitalize public real estate market opportunities and complement the private real estate portfolio,” said Scott Kim, Head of the Real Estate Investment Division at NPS. “Not only does this new mandate allow us to efficiently capture the potential price discrepancies between public and private real estate markets going forward but it will also act as an excellent portfolio diversifier, and help improve the overall portfolio risk-adjusted return.”
The new order is intended to make the most of strategic open doors with the larger part assigned after times of market slumps. NPS plans to use Russell Investments' broad exploration endeavors, including 30 years of involvement investigating land supervisors, and vigorous execution abilities to seek after a deft way to deal with market openings. Russell Investments will actualize the company's multi-resource portfolio the board capacities, to deliberately address portfolio hazard.
Looking toward 2021, Russell Investments' tacticians expect public land will pull in more income because of economic situations that element broadened low loan fees, generally high U.S. value valuation and plentiful liquidity.
“Successful distribution of COVID-19 vaccines should enable demand for public real estate to recover, particularly for the most impacted property sectors, such as retail, office and lodging,” said Bruce Eidelson, Director, Senior Portfolio Manager, Equity, at Russell Investments. “We expect the ever-broadening intra-sector performance dispersion will create a better active management environment which can produce significant return over the benchmark.”
Powerful dynamic administration in the $2 trillion GRES market, which in 2020 remembers 470 organizations for 35 nations and 11 areas, has gotten progressively significant as financial specialists look for return potential in very much broadened portfolios. For instance, research on Russell Investments' universe of land administrators shows an exhibition spread of in excess of 300 premise focuses among first-and third-quartile supervisors in the course of the last 12 quarters.
About Russell Investments
Russell Investments is a leading global investment firm providing tailored solutions and services to institutions and individuals through financial intermediaries. Russell Investments is the fourth-largest adviser in the world with $297.5 billion in assets under management (as of 9/30/2020) and $2.5 trillion in assets under advisement (as of 6/30/2020) for clients in 32 countries. Headquartered in Seattle, Washington, Russell Investments operates through 19 offices in major financial centers such as New York, London and Tokyo.
REAL ESTATE TECHNOLOGY
prnewswire | November 12, 2020
Mesirow Institutional Real Estate Direct is pleased to announce the promotion of Ben Blakney to president effective November 1, 2020. Since joining Mesirow Financial in 2014, Ben has held numerous senior positions within the multi-family value-added real estate team, most recently as senior managing director and head of strategic solutions where he led the development and implementation of client solutions and supported the group's growth efforts. IRED is an integral part of Mesirow's Global Investment Management division, with $3.4 billion in AUM, and has invested in approximately 34,000 multi-family units in 23 cities nationwide. Assets are diversified across suburban and urban properties and US geographic regions.
REAL ESTATE TECHNOLOGY
SkySlope | November 17, 2021
SkySlope, the leader in real estate transaction software, has launched Breeze, an all-around simple and streamlined application that makes the disclosure process easy for agents and sellers.
SkySlope's flagship transaction management platform enables brokers, agents, auditors, and transaction coordinators to track their deals while remaining compliant. Equipped with forms and a digital signature tool, SkySlope provides a frictionless workflow that saves time for agents and improves compliance for brokers. As the transaction management platform serving over half of the top 20 largest brokerages in the U.S. and Canada, SkySlope is known for its customized onboarding and 24/7 award-winning technical support.
With the launch of Breeze, SkySlope is providing a free standalone product that gives agents the ability to prepare, send, and receive completed disclosures. The application comes with a host of benefits that help both agents and their clients save time while preventing mistakes and reducing risk.
As a tool designed for both the agent and the consumer, Breeze simplifies the disclosure process. Its intuitive platform requires minimal preparation for agents to prepare and send disclosures to their clients in minutes. For consumers, Breeze's guided workflow helps them complete disclosure forms like the Seller Property Questionnaire (SPQ) and Transfer Disclosure Statement (TDS) quickly and with more confidence and accuracy.
Streamlined disclosure preparation equipped with MLS data sync
Status visibility, notifications, and easy revision requests
Simple guided workflows with helpful tips for consumers
Equipped with SkySlope DigiSign for free and unlimited digital signatures
Seamlessly integrated with SkySlope's suite of products
"Breeze is truly a one-stop-shop for faster disclosures. he guided workflow helps clients complete disclosures quickly and accurately and our agents can easily prepare disclosures, request signatures, and submit forms for compliance review."
- Diana Costas of Golden Gate Sotheby's International Realty.
"Disclosures are a common pain point for both agents and sellers. We're excited to launch a solution that takes a complicated process and makes it effortless for agents and consumers. Breeze saves time, reduces risk, and tremendously improves both the agent and the consumer experience. It truly makes disclosures a breeze."
- SkySlope CEO, Tyler Smith.
Breeze is currently available in California and will be launching to additional states in 2022.
Established in 2011, SkySlope is a comprehensive transaction management platform for brokers, agents, auditors, and transaction coordinators to manage real estate transactions from anywhere at any time. In 2021, over 300,000 users across 8,000 offices used SkySlope to manage 2.25M transactions. SkySlope provides digital transaction management and services to help agents and brokers be more efficient and compliant. From automation to integrations, SkySlope's vision is to keep agents and brokers connected to the customer forever.