Realogic Analytics Acquires Accrue Technologies

By: Dale Vanderlaan, President, Realogic Analytics, Inc

As Realogic Analytics, Inc. ("RLA") grows and continues to expand its service offerings, I am pleased to announce that RLA has acquired Accrue Technologies ("Accrue"), a real estate technology solution provider specializing in system analysis and integration, data migration, reporting, and custom software solutions.

RLA and Accrue have worked together many times in the past, combining our consulting and technological experience on various assignments. By working together, we quickly realized how our expertise and capabilities meshed, increasing the efficiencies, quality and timing of the client assignments with which we were involved. Some of our consulting services are similar; however, the addition of Accrue's technology background and services is a huge strategic advantage to existing and prospective clients, allowing increased productivity and profitability.

One of the primary reasons RLA acquired Accrue was its experience and expertise with MRI data migration and integration. Sean Fitzpatrick, one of the founders of Accrue, has a tremendous systems and technology background. Our companies have worked with many of the same clients in different operational areas. Now we can present a unified solution, from initial lease abstracting and accounting system data integration to financial analysis, valuation and web based budgeting/forecasting/projections, as well as automated solutions to reporting needs.

I get enthusiastic when I think about how our new acquisition and service offerings can help manage and integrate lease data throughout many applications. RLA has the people, process & technology to link multiple systems together and share information. Here is an example:

• Leases are abstracted into Ellipsis which becomes a huge data repository.
• Abstracted Ellipsis lease data can be migrated to MRI, CTI, Timberline, Skyline, among others.
• Ellipsis lease data can populate ARGUS or DYNA files.
• One of our newest solutions allows data from ARGUS/DYNA files to be pulled so that Budgets, Reforecasts and Projections are prepared in ONE STEP.

The benefits of integrating these applications and processes together include:

• Drastic reduction of duplicate data entry.
• Faster & more efficient access to critical information.
• Quality information allows for informed decision making.
• Comprehensive multi database reporting.

Sean and everyone at RLA are very excited about the additional resources that we now bring to the table. As always, RLA is committed to providing the commercial real estate industry with consulting and technology services that increase efficiencies, maximize productivity and enhance decision making.

Please feel free to contact either Sean Fitzpatrick or me to see how we can work together.

Contact:
Realogic Analytics, Inc.
Dale Vanderlaan
dvanderlaan@realogicinc.com
312-782-7325

Sean Fitzpatrick
sfitzpatrick@realogicinc.com
310-459-3590

Case Study: Contract Loan Underwriting

Situation:
A major Wall Street Investment Bank experienced sudden growth and needed assistance dealing with the increase in loan volume and customer expectations on turnaround time.

Solution:
Realogic placed a multilevel team on the ground with support from the corporate office. The team leveraged their past experience from diverse backgrounds including credit agencies, appraisal, valuation, consulting, securitization, due diligence and underwriting. The team quickly assimilated into the banks culture to provide value for the entire loan process, from initial sizing to due diligence, credit committee and through closing.

Realogic's ability to scale to the clients need and provide seasoned professionals has allowed the bank to meet the increased customer demand for product and response time.

Development Analysis

Realogic Analytics, Inc. provides analysis on development projects using Argus™ and MS Excel™ software programs. For the past several years Realogic has provided this service to lending institutions and development entities on ground-up office, condominium, and apartment buildings as well as condominium conversion properties. Our expertise is in creating advanced Excel based pro-formas to meet unique project criteria and specific capital structures. Pro-forma features:

• Dynamic link of dates and numbers
• Identifiable input cells
• Allows for easy sensitivity analysis
• Detailed & summarized expense section
• Presentation quality reports
• Sophisticated capital structures (preferred returns, IRR waterfalls, multiple capital sources)
• Checks and Balances to reduce input errors

For additional information about these services or to discuss a project, please contact Brandon Olson at 312-782-7325 or bolson@realogicinc.com

Welcoming New Personnel

Karen Tackbary
Karen recently joined Realogic Analytics as a Manager. Her duties involve the abstracting and management of due diligence and lease administration projects. Prior to joining RLA, Karen was Director of Lease Administration at Urban Retail Properties. Karen has 15 + years commercial real estate experience and is an IL licensed real estate broker.

Charri Isaacson
Charri joined Realogic Analytics as a Manager. Charri is responsible for lease abstracting services and management of due diligence projects including specialized projects. Prior to joining RLA, Charri spent the past 10 years as Property Manager and Asset Manager at Golub & Company. Her experience includes, managing commercial office buildings in Downtown Chicago and due diligence for commercial and residential properties. Charri has 20 years of commercial real estate experience and is an Illinois licensed Sales Professional.

Brandon Olson
Brandon Olson re-joined Realogic Analytics, Inc. this past year as a Manager, Financial Analysis with 10 years of real estate experience. Prior to returning to Realogic, he was the VP-Finance for three years with Fifield Realty Corp., a commercial real estate development company. His duties included preparing financial pro-formas with complex debt and equity structures, gathering market data, coordinated financing and development proposal packages. Brandon graduated from Indiana University with a BS in Finance-Real Estate.

Bill S. Smith
Bill recently joined Realogic as a Senior Lease Analyst. His prior work experience includes 2 years as a Lease Analyst at Shorenstein Realty Services, and 2 years as CTI Lease Administrator at Spieker Properties & Equity Office Properties Trust. Bill graduated from Humboldt State University receiving a B.A. in Geography in December of 1992.

Jeff Kaveney
Jeff joined Realogic as a Staff Consultant. His duties involve financial modeling/ analysis and capital market transaction due diligence. Jeff graduated from Marquette University with BS degrees in Finance and Economics along with a minor in Political Science.