Houston-based global real estate services firm The Situs Cos. has released Situs COMPASS – a secure, online platform that centralizes proprietary commercial real estate property data as well as comprehensive market information and reports.
According to the company, this e-library database application, which features a search engine and interactive digital mapping, allows subscribing companies to reduce the cost, time and effort to maintain and access relevant property and market information.
Situs COMPASS catalogues global news and market reports – along with proprietary information such as appraisals, extracted sales and expense comparables, site inspections, lease abstracts, rent rolls, cashflow models, and subscription research and publications. In addition to making COMPASS available to subscribers, the firm plans to use COMPASS internally to centralize and manage client due diligence, asset management, and loan servicing reports and information.
