Irvine, Calif.-based Auction.com has launched Auction.com Research, a new division that provides continuous data and analysis across all residential and commercial real estate sectors.
The division, which comprises economists and industry observers, will make its findings broadly available so that industry practitioners, lenders, investors and individuals can make informed business decisions. Auction.com Research will publish regular reports and forecasts related to single-family and multifamily housing, retail, office, hospitality and industrial real estate.Â
The new division will be led by Peter Muoio, founder of the research and consulting firm Maximus Advisors, which Auction.com acquired in December. Muoio has also served as managing director and global head of Deutsche Bank's Real Estate Research Group and previously founded and led the Real Estate Research Group at Bankers Trust Co.
‘We all benefit from a healthy real estate marketplace,’ says Monte Koch, Auction.com's co-CEO. ‘Making Auction.com Research's findings publicly accessible will facilitate smart growth and sound business practices that support ongoing market recovery.’