Loan Tracker Creates Audit Trail for Beleaguered
Banks
As banks struggle to cope with a flood of commercial real
estate loan workouts and defaults, some have called for help in tracking
the loans and creating audit trails for regulators and auditors.
Loan servicing software has been used for years by private lenders and
government agencies, but now big banks’ need to track assets while
seeking new sources of revenue has created a more acute demand for
highly specialized loan tracking and database
technology.
Architectural Firm Markets Database for Property
Managers
Property managers have a new tool to help them battle
rising vacancy rates and manage their buildings more effectively — an
online database that captures tenant leasing information, occupancy
rates and even emergency information.
Chicago-based MRSA Architects and Planners has rolled out the searchable
online database called smartBook, which provides access to archived
architectural drawings with floor plans and information about available
space, as well as leasing data.
Glimcher Wants Shoppers to Surf on its
Turf
Glimcher Realty Trust, based in Columbus, Ohio has figured
out that letting customers dial up bargains at its shopping centers is
good business.
The real estate investment trust joined forces with marketing firm
eProximiti, also based in Columbus, to launch a wireless Internet and
mobile marketing technology at Glimcher properties, starting with
Polaris Fashion Place in Columbus.
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