Thursday, December 7, 2006

RIISnet Will Be Hot for Matching Acquisition, Disposition Needs

I was invited to a private online demonstration today of a software tool coming to market, exclusive to Prudential CRES (for now), that enables asset managers of commercial portfolios valued at $5 million and higher to electronically -- and quickly -- match their acquisition and disposition needs. It simplifies the buying and selling process as REITs and others regularly buy and sell properties. Called RIISnet, for Real Estate Information and Insurance System network, this is an incredible tool, and I'll be writing more about it in the near future.

Hats off to the guys in Alabama who put together this revolutionary tool! I look forward to working with you!

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