Reonomy Launches Reonomy Research, Including Proprietary Reports and Reonomy Price Index (RPI) Series Reonomy leverages proprietary data to produce unique market insights and reports to provide transparency in the market  New York, NY, April 14, 2020 - Reonomy, the leading provider of property intelligence, today announced the launch of Reonomy Research, a new offering which includes access to in-depth reports on trends and issues affecting the CRE industry in an effort to increase data transparency in the commercial property market. Reonomy Research will also include the Reonomy Price Index (RPI) Series, a value-weighted commercial property price index series based on recorded sales transactions. A first of this scale, the RPI Series utilizes big data to uncover trends pertaining to historical transactional data, and was created to provide in-depth analysis to CRE industry investors, building and business owners. The series will cover primary, secondary, tertiary and niche property types and is significantly differentiated from other commercial real estate price appreciation indices due to the broad reach of Reonomy's data which removes the inherent quality bias that is present in other index methodologies.  Indices within the RPI Series are subdivided by geography (metropolitan statistical area, state, region, national) and commercial property type…

Open, Enterprise-Class Platform Improves Net Operating Income Across CRE Portfolios Building Engines, the leading provider of building operations software for modern commercial real estate (CRE), today announced the launch of Prism. The new platform is designed to improve net operating income (NOI) across all market sectors, from office, retail, industrial, to medical office and mixed-use buildings. Property teams relying on Prism can deliver the best occupant experience, increase revenue and reduce operating costs, while enjoying a modern software experience that's explicitly designed for each member of the property team. Prism helps property teams deliver an exceptional building experience for all occupants - tenants, visitors, property management teams, engineers and maintenance teams, vendors, leasing teams and asset managers, among others. The platform also facilitates a productive landlord-tenant relationship by addressing long-standing problem areas in CRE by offering simple-to-submit service requests, interactive visualizations of space management and building communications delivered to any device. Today, CRE owners and operators struggle to operate an increasingly complex IT stack, while keeping costs under control and NOI high as they try to balance mounting tenant demands. Now more than ever, it's imperative to have secure, interoperable systems in place that scale cost efficiently as a portfolio grows.…

VANCOUVER, British Columbia - VoPay, a leader in payment technology innovation, has partnered with Spacelist, the number one commercial real estate listing platform in Canada, to ease payment processing. The partnership will provide an integrated bank account payment solution for SimpleLease, an end-to-end leasing platform being launched by Spacelist. With 97% of businesses in Canada having less than 50 employees, SimpleLease will serve these small and medium-sized businesses to simplify and streamline the leasing process of commercial spaces, including payments. SimpleLease saves the landlord and tenant valuable time by automating lease payments, leveraging VoPay's technology to verify funds and schedule bank transfers automatically based on the terms of the lease agreement. "Our mission is to make leasing a commercial property easy, accessible, and convenient for small business owners," said Steven Jaffe, Chief Executive Officer and Founder of SimpleLease. "The leasing process can be intimidating and overwhelming for small business owners. By offering an easy to understand lease summary, and integrating negotiations within SimpleLease's intuitive workflow, lease terms are easier to review." Spacelist identified this major pain point by servicing thousands of businesses looking for commercial space every day. Spacelist will be an integrated partner of SimpleLease, offering direct access to the commercial real…

New Datex Case Study: How Datex Responded to a Global Pandemic with Agile Innovation.Overview: We are big believers in the notion that when you "solve the right problem" all sorts of leverage points reveal themselves in unexpected ways.Case in point, when COVID-19 hit, our clients were faced with deeply material challenges pertaining to cash crises, lease durability risks, tracking (store statuses), tracking (rent relief) and more tracking (market benchmarks).While Datex certainly did not go into 2020 with ANY of these specific solutions on the docket, because we've solved the right problem for our clients, and because we've ALWAYS focused on our clients' success, we were able to solve a LOT of deep challenges during the pandemic.The Case Study summarizes the SIX specific solutions we built for clients to weather the storm. https://www.datexdata.com/wp-content/uploads/2021/04/COVID-case-study.pdf #innovation #proptech #retail #realestate

With SpatialStream®, users can now stream comprehensive parcel and property data into the ArcGIS platform IRVINE, Calif. - May 9, 2018-Digital Map Products Inc. (DMP), a pioneer in accessible and easy-to-use geospatial mapping technology and content, announced the availability of expanded capabilities for its SpatialStream® web service. The new capabilities allow a significantly broader and now bi-directional integration with Esri ArcGIS®. As of today, users of ArcGIS now have three new ways to stream DMP's nationwide parcel database, SmartParcels®, into their platform in real time. With SmartParcels, businesses and governments get access to more than 142 million parcel boundaries, covering 98 percent of the U.S. population. Updated daily, the company's nationwide parcel data is tied to more than 300 attributes, including property data and tax information. With the new expanded web service capabilities, ArcGIS users can now benefit from the most up-to-date data, with no costly processing or data warehousing required. The following services are now available for ArcGIS users: Integrated Esri Feature Layers into DMP Applications - Lets users pull ArcGIS feature layers into DMP's easy-to-use LandVision™ and GovClarity® applications to mimic existing workflows. SpatialStream for ArcGIS (WMS/WFS) - Allows streaming of SmartParcels into ArcMap, ArcGIS Pro, ArcGIS Online and other applications. SpatialStream for ArcGIS Pro…

The company's dataset is now the largest, most comprehensive and location-enabled sourcefor information about businesses in Mexico. IRVINE, Calif.- Digital Map Products, Inc. (DMP), a pioneer in geospatial mapping technology, content and location intelligence, announces the availability of its newly enhanced Mexico business data. Following the acquisition of Mexico Business Directory in November, the dataset has been scrubbed and dramatically improved by DMP's data team including more than 400,000 records that were appended and/or updated. The available dataset now includes more than 1.5 million location-enabled records ready for market expansion, location-based analysis and integration into an application. DMP's Mexico business data offers detailed and verified information on companies in Mexico gathered from a variety of sources including newspapers, magazines, publications, trade shows, web sites, membership databases, direct business registrations and companies registering directly with DMP. As business data is always changing, DMP continually updates the dataset adding new businesses, updating existing records and removing expired businesses. The location-based data can be delivered as a complete dataset or a variety of sub-datasets. They include: Points of Interest (POI) Dataset Mexico Manufacturers Dataset Mexico Email Dataset Mexico Importers and Exporters Dataset Mexico Wholesalers & Distributors Dataset Mexico Retailers Dataset Mexico Head Office…

Bank OZK lost more than a quarter of its value on Friday after the Arkansas-based lender (formerly known as Bank of the Ozarks) wrote off about $46 million in commercial real estate loans on two unrelated projects in North Carolina and South Carolina. Here's what you need to know about their lending activity, and drop in their stock's price.  Click to view the full Ozark CRE Write-off story on Forbes, as written by CEO, Ely Razin.  

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The Comfort Factor The third of the three KPIs that are our gold standard is the comfort of your occupants. We've saved this until last to discuss, but in fact, it should be top of your list as you work to create a high-performance building. A simple indicator that your smart building system is delivering value is a decrease in temperature complaints, which directly correlates to maintenance savings and increased ROI. Even more important is Tenant satisfaction which results in better lease-up times and renewal rates, and reduces vacancy rates and churn. The relationship between people and the building in which they are working is vital. The productivity of staff, or anything that affects their ability to be productive, should be a major concern for any employer, and therefore the building in which they operate, should be a key interest. For example, on air quality, a meta-analysis of 24 studies found that poor air quality lowered performance by up to 10% on measures such as typing speed and units output. Short term sick leave has also been found to be 35% lower in offices ventilated with greater supply rates of outdoor air. On thermal comfort, research in 2006 indicated a…

A brand is more than a name; it is the sum of a consumer's interactions with a recognizable product, and it is powerful, frequently leading to a competitive advantage. It is also difficult for investors to value. However, certain quantitative metrics can be utilized to forecast a brand's potential.  These indicators provide a glimpse of what the brand is worth – and with tracking, it is easy to notice patterns over time in order to take actions to generate value through the emotions they evoke in customers. Measuring Brand Potential Different metrics are used to give an overview of the current brand worth. They are measures used to assess the future brand's performance and whether there is an opportunity for further investment. A business owner can measure a brand's full potential through the following means:   Determine the Brand Potential Index   The brand potential index aids in determining the factors that influence brand strength. It compares the exact and potential number of customers in a certain market region to the proportion of all customers in the country as a whole. Evaluate Customer Experience A customer-centric brand prioritizes the customer and uses consumer information to learn what they want and need.…