United States: CoStar Group Acquires Resolve Technology to Deliver Business Intelligence and Analytic Solutions Unifying Investors' Actual and Forecasted Property Performance Data With CoStar's Inform.Byline: Mamta03 CoStar Group CoStar Group, Inc. (NASDAQ: CSGP) is a leading provider of information services to commercial real estate professionals in the United States and the United Kingdom. CoStar's suite of services offers customers access via the Internet to the most comprehensive database of , Inc. (Nasdaq:CSGP CSGP Combat Support Group (USAF squadron type) CSGP Computer Systems Group ), the number one provider of information, marketing and analytic services to the commercial real estate industry, today announced the acquisition of Resolve Technology, Inc., a leading provider of business intelligence and portfolio management software serving the institutional real estate investment industry. Resolve was founded in 1990 by 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. Eric Forman This article is about the character on the American TV series "That '70s Show". For the character on the American TV series "House", see Eric Foreman. Eric Forman is a fictional character on Fox Network's That '70s Show played by Topher Grace. and is based in Needham, Mass. Its clients include many of the world's leading real estate advisory and investment management firms, REITs, pension funds, and life insurance companies. Resolve's Request and Portfolio Maximizer software This article or section has multiple issues: * It does not cite any references or sources. Please help improve this article by citing reliable sources. * It reads like an advertisement and needs to be rewritten in a neutral point of view. solutions enable investment managers to integrate data spread over numerous disconnected systems and countless Excel spreadsheets in one centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. information solution for the management of their real estate investments. Resolve's investment analysis tools automatically consolidate historical, budget, and pro-forma financial and property information. They also tie together information related to assets, debt, and partnerships so clients can quickly understand the impact on performance and returns. The software facilitates the analysis of historical and forecasted performance of investments and enables what-if scenarios in order to optimize the performance of real estate portfolios. 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. CoStar Group President and CEO Andrew Florance, the strategic acquisition is expected to further strengthen the appeal of CoStar's, PPR's and Resolve Technology's offerings to a broad range of investors, financial institutions, and advisory firms engaged in direct real estate investments. "CoStar and PPR's tools can become much more valuable when presented in context with the client's own asset information," Florance stated. "Resolve's sales efforts can benefit from CoStar's strong balance sheet -- and from CoStar's scale in marketing and sales. In addition, we believe Resolve can also become much more valuable when it uniquely integrates client information with CoStar's leading independent third party market information and forecasts." "For example, Resolve's tools have always made it easy for a client to quickly identify a property in their portfolio with a higher-risk concentration of lease expirations within a given year," Florance continued. "What it could not tell you was whether or not those lease-rollovers were likely to result in lower or higher net operating incomes Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. for the property. Copyright : Euclid Infotech Pvt. Ltd. Provided by Syndigate.info an Albawaba.com company |
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