180 likes | 307 Views
Using Reis to Support Your Commercial Client’s Investment Decisions. Marc Miniman. Please complete an evaluation form found in the back of your program guide. Reis Overview KW Commercial Subscription Program. Presented by: Marc Miniman, Director of National Accounts.
E N D
Using Reis to Support Your Commercial Client’s Investment Decisions Marc Miniman
Please complete an evaluation form found in the back of your program guide.
Reis Overview KW Commercial Subscription Program Presented by:Marc Miniman, Director of National Accounts
Since 1980 Reis has been the leading provider of U.S. Multi-Family and Commercial Real Estate market information and analytics. Reis has over 1,000 subscribing clients and is used on over 16,000 desktops worldwide. Reis maintains a 95%+ renewal rate and works with the nation’s leading Brokerage Firms including CBRE, Cushman & Wakefield, Colliers, Newmark Grubb Knight Frank, HFF, Coldwell Banker Commercial, Avison Young, Apartment Realty Advisors, etc. Introduction & Overview
Reis is considered the “Industry Standard” for data and analytics for the Brokerage, Investment and Commercial Banking, Appraisal, and Regulatory Agency community. Reis data is quoted and sourced across numerous media outlets and publications including the WSJ, Bloomberg, Reuters, CNBC, National RE Investor, and Real Estate Alert. Introduction & Overview
Reis maintains a proprietary database of over 280,000 properties covering 275 markets and over 2,500 submarkets across the nation. Sectors covered: Office, Apartment, Retail, Flex/R&D, Warehouse/Distribution, Hotel, & Self Storage Market Coverage
Data Collection Property Survey • Contact owners, building managers, and leasing agents • What is the current rent and vacancy rate in this building? • How much is being provided for in concessions? • What are the expenses in this building? • Has the building been renovated or any changes to the structure? Monthly/Quarterly Data
Data Collection New Construction • 700+ sources: permit divisions, planning boards, news sources, etc. • Verification with developers, owners, contractors, etc. • Proposed • Planned • Under Construction • Completed Weekly Data
Data Collection Sales Comparables > $250K • 900+ sources: public records, NewsEdge feed, business journals, etc. • Sale Date and sale price • Buyer and seller Information plus transaction details • Estimated going-in cap rate • 12 month rolling cap rate • Reported cap rate Daily Data
Sectors • Apartment • Office • Retail • Industrial • Hotel Sectors
Apartment Sector • Market Rate • Rent Regulated • Federally Subsidized • Condo/Co-op Building • Senior Housing Sectors
Office Sector • Single/Multi Tenant • Medical Office • Owner Occupied • Non-Competitive • Office Condo Sectors
Retail Sector • Neighborhood/Comm Center • Mixed Use • Power/Regional Centers • Gas Station/Repair Garage • Restaurant, Bank, etc. • Lifestyle Center Sectors
Industrial Sector • Cold Storage Facility • Industrial Condo • Manufacturing • Public Storage • Tel./Comp. Equip. Facility Sectors
Hotel Sector • Limited Service: Economy, Midscale, and Ext. Stay • Full Service: Luxury, Midscale, & Resort • County Inn/B&B • Condo-Hotel Sectors
Subscription Overview • Subscription Highlights • $38.50/month for full site access • Sales, rent, and new construction comparables • Market and submarket reports – Narratives, trends, forecasts, concessions • Customizable reports–“Deal Book”
Subscription Overview • Subscription Highlights • Transaction Analytics – Metro level cap rates, number of transactions, volume, etc. • Single Property Valuation – Provides three estimates on the value of a property • Quarterly and Capital Markets Briefing Teleconferences • SIGN UP VIA KW Commercial Intranet/Vendors
Thank You! Please complete an evaluation form found in the back of your program guide.