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RCA's Property Pricing Metrics to be Integrated in ARGUS Industry Standard Solutions
HOUSTON, TX, and NEW YORK, NY, June 30, 2010 – ARGUS Software ("ARGUS"), the global leader for real estate valuation, analysis, asset and investment management solutions, and Real Capital Analytics ("RCA"), the global leader in commercial property investment research, announced today their intent to provide access to key RCA market pricing statistics within the ARGUS Software suite.
"Initially this partnership will provide access to data points including a quartile distribution of capitalization rates and prices per unit within our market leading analysis and asset management solutions," says Mark P. Kingston, president and CEO of ARGUS Software. "More importantly, however, this partnership marks the first step in the convergence of real market data with our solutions that will facilitate the next generation of efficiency and value at the desktop."
"This venture between RCA and ARGUS is a natural. To value a commercial property anywhere in the world, ARGUS has the leading software and RCA has the leading data," said Robert M. White, Jr., RCA's founder and president. "The cooperative efforts between the two firms will yield great value for our clients."
About Real Capital Analytics
Founded in 2000, Real Capital Analytics, Inc. is a global research firm based in New York City. The firm's proprietary research is focused exclusively on the investment market for commercial real estate. Within that arena, Real Capital Analytics offers the most in-depth, comprehensive and current information of activity in the industry. In addition to collecting transactional information for property sales and financings, RCA interprets data such as capitalization rates, market trends, pricing and sales volume. RCA also quantifies the market forces and identifies the trends that affect the pricing and liquidity of commercial real estate around the world. The firm publishes a series of Capital Trend reports and offers an online service that provides current transactional and troubled asset information on all markets globally.
About ARGUS Software
ARGUS Software is the leading provider of software and solutions for analyzing and managing the value of real estate investments worldwide. ARGUS Software has a world-class user base consisting of over 90,000 users and has been focused solely on the commercial real estate segment for over 20 years. The ARGUS Software portfolio includes industry-standard products such as ARGUS Valuation - DCF, ARGUS Developer, ARGUS Asset Management and ARGUS Lease CRM, as well as the soon to be released flagship product ARGUS Enterprise.
Media Contacts:
Jennifer Brenner
VP Marketing
ARGUS Software
Jlbrenner@argussoftware.com
713-341-3630
Joe Mannina
Chief Operating Officer
Real Capital Analytics
jmannina@rcanalytics.com
408-371-8880
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