Comprehensive commercial real estate data, analytics, and technology software solution should provide daily market insights to its users as part of the solution
- Software Solution should have the capability to provide services that include:
1. Income and Expense data for the Income Approach to value.
2. Market insights on capitalization rates, vacancy rates.
3. Market reports on the condition of market sectors (offices, hotels, retail, etc.)
4. Reports of sales of commercial/industrial properties outside of our market
5. Current status of specific city properties (“mortgage payments up-to-date”, “watchlist”, “special servicing” or “foreclosure”), comments on the general financial condition of the property, and whether any recent appraisals have been performed.
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