Q&A with MindBox president and CEO Richard Barfus
In the not-so-distant past, all the paper-shuffling and number-crunching produced by a mortgage origination could draw out the process to two months, bogging down loan departments and frustrating applicants. Fast-forward to the present and the process has been winnowed down to 48 hours or so, thanks to innovations created by mortgage-technology companies such as Greenbrae, Calif.-based MindBox....
Tech Edition News Roundup
Q & A with Peracon Network’s CEO Brian McGowan
Over the past few years, more than $100 billion worth of assets has been sold through the Peracon Network, an online platform used by more than 120,000 professionals and 50,000 organizations involved in buying, selling and holding commercial real estate. The network serves as a single location for all information related to asset acquisition, financing, due diligence, asset disposition and ongoing investor relations reporting. Via the Internet, real estate professionals can exchange information in a secure environment – offering materials, due diligence information, and closing documents....
Building Owners See the Light By Increasing Use of Solar Power
Spurred by declining costs to produce solar power and an increase in state and federal incentives for adopting the energy source, search-engine giant Google Inc. and other property owners are turning to solar power for their energy needs....
Instant Messaging Gives Brokers An Edge
Forget those up-to-the-minute football scores or text messages from your brother. A growing number of brokers working in the New York metropolitan offices of CB Richard Ellis are using their mobile wireless devices to retrieve up-to-the-minute market data that could mean the difference between winning and losing a deal. ...
Tech Edition News Roundup
Many commercial landlords aren’t exploiting the Web to help promote their properties....
Q & A with Realm Business Solution’s CEO Mark Kingston
Faced with a mountain of disparate operating data, many real estate owners want a "single source of truth" that compiles all of their vital information in one place and outlines how their portfolio is performing. Mark Kingston, CEO of Houston-based technology firm Realm Business Solutions, is determined to satisfy this demand. In June, he unveiled INSIGHT XI, a business intelligence program specifically tailored for commercial real estate executives. The tool has been adopted by organizations such as the James Campbell Co. of Hawaii, a national real estate operating company that owns more than 12.5 million sq. ft. in 16 states, and Houston-based retail REIT Weingarten Realty Trust. ...
Tech Edition News Roundup
Coming to a PC Near You: Real Estate Auctions
In the era of eBay, when virtually any tangible object is sold over the Internet, commercial real estate investors are beginning to give online auctions for income-producing properties a serious look....
New software makes green building easier
New technology, called building information modeling (BIM), is making it easier and cheaper to develop new buildings, especially ones using green, sustainable principles. ...
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