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Newsline Technology Edition
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 Loan Tracker Creates Audit Trail for Beleaguered Banks
 Architectural Firm Markets Database for Property Managers
 Glimcher Wants Shoppers to Surf on its Turf

TOP STORY

Loan Tracker Creates Audit Trail for Beleaguered Banks
By Denise Kalette

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.

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Online Exclusive

Architectural Firm Markets Database for Property Managers
Staff report

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.

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Roundups

Glimcher Wants Shoppers to Surf on its Turf
Staff report

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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