The Situs Companies is at the forefront of bringing technological advances to the commercial real estate industry. Leveraging our 20+ years of industry expertise, we have formed partnerships with Snapwire and CJC Worldwide Technologies to provide clients with innovative systems for appraisal reporting and loan origination/ underwriting/ pipeline management. Our alignment with ExactBid broadens our base of solutions for the procurement of third party services for real estate transactions with web-enabled applications that streamline the entire third party reporting process. These technology solutions allow commercial and investment banks, as well as transaction participants and service providers, to manage costs while also improving the speed, efficiency, and transparency of aggregating and reporting data and documents — all essential elements for succeeding in today’s marketplace.

Report Builder 2.0 is an appraisal-writing software designed for commercial real estate professionals. By automating the report-writing process, Report Builder 2.0 increases the productivity and efficiency of appraisers while also benefiting lenders via electronic capture and transmittal of critical underwriting data.  For more information on Report Builder 2.0 and its parent company, Snapwire, please visit www.snapwired.com.

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CLOSER is an integrated loan-origination, pipeline-management and underwriting system featuring the latest web-based technologies, customizable reporting capabilities, and Excel®-based underwriting templates. CLOSER provides data aggregation throughout the origination process and enables users to have real-time, centralized access to all of their critical data points.  For more information on CLOSER and its parent company, CJC Technologies, please visit www.cjcworldwide.com.

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ExactBid delivers web-enabled applications that streamline the procurement of third party services for real estate transactions.

RIMS™ Workflow System for Lenders http://exactbid.com/Products/RIMS/ is a procurement and process management system designed for users of third-party due diligence services.  Using RIMS™, lenders and other consumers of due diligence services are able to order appraisals, environmental reports, inspections and/or other services from the RIMS™ vendor community, contractually engage vendors, track status, and receive vendor reports.  For users in a regulatory environment, RIMS™ provides detailed workflow management and audit trails to ensure regulatory compliance.

RIMSCentral www.rimscentral.com is the centralized site where real estate appraisers, environmental consultants, property inspectors, and others interact with RIMS Customers and other firms requiring these services. Registered users of RIMSCentral are able to subscribe to enhanced features, including the ability to define their specialties and service areas.

For more information on RIMS and RIMSCentral, and ExactBid, please visit www.exactbid.com .

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