CBRE Valuation and Advisory Services Subscribes to Situs' INSIGHT

HOUSTON, Sept. 27 /PRNewswire/ -- Situs' INSIGHT has added CBRE Valuation and Advisory Services to its client list.  INSIGHT is a customizable state of the industry commercial real estate information portal, providing a one stop source for aggregated data related to underwriting, asset valuation, risk and appraisal management, transaction information and portfolio surveillance.  INSIGHT's unique features include access to commercial real estate centric news, market reports from 350+ global publishers, sale data, interactive Microsoft Bing® Maps, search results exportable to Microsoft Excel®. INSIGHT also distributes newsletters three times per week. INSIGHT clients include more than 100 financial institutions and market participants with a user base of over 8,000 professionals engaged in asset management, loan servicing, lending, mortgage banking, appraisal, investment banking and brokerage.

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"INSIGHT is an invaluable tool; it enables CBRE to stay closer to the real estate markets. It is the only application we have seen that can geosearch a definable radius around a subject property, while providing global news and resources by property type directly to appraisers desktops."

-Steve DuPlantis, Senior Managing Director, CBRE Valuation and Advisory Services

"We are pleased to have CBRE Valuation & Advisory Services join our INSIGHT client base.  We are confident that INSIGHT provides a competitive advantage in this dynamic market.  It has been our vision to mitigate the risk profile of commercial real estate by enhanced transparency and efficient access to relevant data.  INSIGHT is an important component of our integrated technical solutions encompassing Closer (underwriting  and asset management platform), ReportBuilderPro (appraisal reporting platform) and INSIGHT (global market information portal)."

-Steve Powel, Chief Operating Officer, The Situs Companies

For additional information on Situs' INSIGHT, please see the Technology Partnerships section of Situs' website (www.situscompanies.com).

About CBRE Valuation & Advisory Services

CBRE Valuation & Advisory Services has over 375 professionals nationwide and 1,200 worldwide that provide support and advice to private equity funds, mortgage servicers, investors, lenders, government agencies, institutional investors, pension funds, commercial banks and law firms. In 2009, Valuation & Advisory Services performed over 30,000 appraisals with a combined property value of $440 billion.

About Situs

The Situs Companies is the leading provider of global commercial real estate advisory services to the financial services industry.  Since 1985, clients have relied on Situs' experience, insight and best-in-class processes.  Combining creativity, flexibility and strategic planning, the company offers life of the loan solutions from due diligence to disposition. The company is recognized throughout the industry for consulting, advisory, servicing, outsourcing and disposition solutions. More recently, the company added capital markets and platform restructuring expertise through its affiliate, Oasis Real Estate Partners.  Situs is headquartered in Houston and has offices throughout the United States and Europe.  Visit our website at www.situscompanies.com.

SOURCE The Situs Companies