Boritz taps raw nerve and spins a web of success.As a record starter in his college wrestling team, there was never any doubt that Peter Boritz had the gumption to succeed in life, but by tapping into a raw nerve in the real estate industry he has propelled his company to the forefront of the information technology sector. "Playing sports taught me to be competitive, face challenges and to aim for success; that translates into business," said Boritz, president of Real Data Management, a technology and consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a that services over 500 million square feet of real estate nationwide. "Companies were so scared of technology five years ago, a lot of them didn't even have e-mail, but what's happening now is that technology in companies is almost like a requirement," Boritz explained. That's where RDM RDM Ring Deutscher Makler (German Realty Association) RDM Red Mage (Final Fantasy, gaming) RDM Remote Device Management (protocol used in theatre lighting equipment) comes in. As real estate firms set about outsourcing many of their technological needs, the firm has spent the last 25 years building a client roster, one real estate company at a time, by providing the high-tech services that allow companies and property owners to achieve maximum operational performance from any portfolio. Those services can range from marketing and management programs, to web-based document management, to accounting integration. The firm offers property due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. to owners and developers as well as area calculations and property plan books. It solves problems keeping floor plans up-to-date and provides reminders for lease review, maintains building archives and updates portfolio information, all at the touch of a button. The company has completed projects in over 1,500 buildings around the country and has played a role in some of the biggest real estate transactions in US history. When global brokerage Cushman & Wakefield was retained to arrange the sale of 666 Fifth Avenue for a record $1.7 billion late last year, RDM was called in to utilize its expertise analyzing available rentable square feet. Boritz admitted that's been a big portion of the company's work this year. as buyers look to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. every inch of available space, but he added. "This can't go on forever, but at the moment that part of the business is very busy." When developer, Leviev Boymelgreen, was selling his 14 Wall Street recently, RDM carried out due diligence for the buyer that also helped determine their decision to ultimately purchase the office building. While the multi-billion dollar sales with which RDM has been involved are indicative of a market at its most dynamic, Boritz himself has been on the fast-track since a very young age. He recalled, "I started a leaf raking raking of an elephant—see back raking. and snow shoveling business in my neighborhood when I was a kid and hired my friends to do the work. At 10, I told my parents that snow and leaves were going to make me a millionaire." He earned a business degree at the State University of New York (body) State University of New York - (SUNY) The public university system of New York State, USA, with campuses throughout the state. , in upstate Oneonta, then went to work as a commercial broker at GVA GVA general visceral afferent system of nerves. Williams. While he had an obvious flair for the intricacies of real estate, it wasn't until he met his future father-in-law, Donald D Donald D is a rapper originally from North Carolina. In New York, he started his career as a rapper, as part of The B-Boys, working with Afrika Islam and Grandmaster Flash. . White, the CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of RDM, that Boritz found an avenue for both his passion for details and his drive to succeed. "I wanted to be actively involved with the clients but have the entrepreneurial leadership, and this company was perfect for it," said Boritz. When he joined the 25-year old firm in 2001, RDM had already established a name for itself among the city's pioneering brokerages, but Boritz explained, "There were a lot of challenges we had to face. We had three employees and the company didn't have any marketing tools." Boritz helped RDM develop its marketing capabilities and built a website that, along with its client list, has helped elevate el·e·vate tr.v. ele·vat·ed, ele·vat·ing, ele·vates 1. To move (something) to a higher place or position from a lower one; lift. 2. To increase the amplitude, intensity, or volume of. 3. the firm to the next level in real estate technology. As Boritz explained it, "Keeping one foot in the present and the other in the future" has helped the firm, and by extension, its clients, stay one step ahead in the high-stakes world of real estate. The next phase in the evolution of the firm will be national expansion, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Boritz, who added, "We need to be able to provide for our clients wherever they are, so expanding our platform to other major cities is important. "Everyday is something new, which is my motivation." Peter Boritz, president, Real Data Management |
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