North American Real Estate Review NARER.COM BULLETIN August, 2000, Vol.3. No. 2 "Sent to over 4,700 commercial real estate professionals." List Moderator: Forbes J. Rutherford rutherford@narer.com Supported by: Rutherford International Publisher of the North American Real Estate Review http://www.narer.com The NARER Bulletin is a sampling of information available on the North American Real Estate Review’s web site. Launched in 1995, NARER.COM began as a moderated on-line real estate conference of timely and relevant issues for the real estate and finance professional. NARER.COM has reached the status of becoming one of the top 200 most visited commercial real estate web sites on the Net. CONTENTS: Press Release: B2B Commercial Real Estate Trade Market To Be Launched Wanted - Director Financial Reporting: Public Co. - Toronto, Canada USA: Selected Links to Unique Real Estate Commentary Broker Network: Seeking Members for Exclusive Investment Broker Network Bulletin Sponsor: ICI-WEB — Property Presentation System and Software Bulletin Sponsorship ***Canceling and Subscription*** Press Release: REmatrix.com - A B2B Commercial Real Estate Vertical Market Portal Toronto (February 23, 2000) Infobahn Communications Inc., owner of the North American Real Estate Review, is pleased to announce the development of "REmatrix.com," which will be launched in the summer of 2000. REmatrix leverages the interactive features and global reach of the Internet to create a real estate focused multinational, targeted business-to-business vertical market. REmatrix will aggregate the international commercial real estate community on a single manageable Portal web page. Described as a "metamediary", REmatix will offer real estate professionals the ability to communicate, to learn, to transact, to invest, and to manage their business processes with improved efficiency. The REmatrix site is built on a foundation of content, community, commerce and enterprise solution software. REmatrix will offer its audience a variety of features including superior editorial content, white papers by industry leaders, access to enterprise management software, an online marketplace, a career center, a property syndication clearinghouse, a property and portfolio marketing service, an exclusive investment broker network, and a commercial mortgage placement and disposal system. It's designed as a "one-stop enterprise solutions, transactional and knowledge management aggregator, or an online vertical market hub. This "affinity" based site will attract advisors, buyers and sellers from around the world by catering to individuals with similar professional interests, providing the best value for their time on the Web. To become the portal of choice for the commercial real estate industry, REmatrix is finalizing strategic relationships with several leading real estate software vendors, to offer web enabled access to a variety of "best of breed enterprise management tools." The software will be offered in an Application Service Provider framework. (ASP's lease software access, rather than sell the system. This offers substantial cost saving benefits to Tier Two and Three management and construction companies, that desire the associated cost and service efficiencies management software offers, but without the related system costs. We continue to pursue alliances with leading content, service and software providers on the Internet, and are willing to transfer aspects of our technology to allied partners. By partnering, REmatrix is able to reach an international community of millions, and still cater to each individual member's most specific needs. For more information on REmatrix, please contact us at REmatrix@narer.com Real Estate Executive Search: Director Financial Reporting - Toronto, Canada The incumbent, a self-motivated lateral thinker, will be required to work on an informal basis with senior management, exercising critical judgment of available financial management tools; and recommending improvements to workflow planning. Responsible for financial reporting as it pertains to Canadian and USA compliance, the incumbent will participate in complex financial structuring and oversee financial reporting of related corporate initiatives. Find further information at www.rutherfordinternational.com USA: Selected Links to Unique Real Estate Commentary Wall Street Places Stock in Hospitality The hospitality industry continues to make a grand comeback, and a new hotel-focused real estate firm in Boston is hoping to cash in on the trend. Full Story: http://realtytimes.com/rtnews/rtcpages/20000718_hospitality.htm The Shape Of Things To Come If your head is already spinning from the rapid pace of communications innovation, don't look now but there's a lot more coming at you. Full Story: http://www.itworld.ca/portals/wkyuan.cfm?ID=663&S=198387 How Smart Is Your Office Building? Just a few years ago, most businesses' concerns with telecommunication stopped at determining which long distance plan worked best for them. But now, with connectivity being key in almost every industry, telecom has come center stage with smart and wired buildings. Full Story: http://realtytimes.com/rtnews/rtcpages/20000623_smartbuilding.htm E-Commerce Could Reduce Demand by Up To Three Billion Square Feet! According to calculations by the Center for Energy and Climate Solutions, current Internet business trends could reduce the demand for commercial space by up to three billion square feet between 1997 and 2007 - along with all the lighting, heating and cooling that goes with it. That could mean an average reduction in new building construction of 300 million square feet per year - 20 percent of projected new commercial space. Full Story: http://www.cool-companies.org Members Sought For Exclusive Investment Broker Network Rutherford and Company has been retained to compile a list of elite real estate investment brokers throughout North America, Europe and the Pacific Rim. Candidates will be assessed by a number of factors, including business volumes, deal size and complexity, client satisfaction, market knowledge, abstract reasoning and Internet acumen. While remaining with their present companies, the successful candidates will be invited to become members of a Broker Centered Electronic Communications Network (ECN) or Roundtable of like professionals. Members within this network, will be able to interact privately via the Net, and access an exclusive international property and portfolio listing service for marketing their investment opportunities. Prospective candidates should send their CV to or contact Forbes Rutherford of Rutherford and Company at "rutherford@narer.com" or visit our web site at "www.rutherfordinternational.com". Bulletin Sponsor:ICI-WEB — Property Presentation System and Software ICI-WEB Property Presentation software, developed by Infobahn Communications is designed to facilitate and enhance traditional methods of marketing commercial real estate. For an annual license fee, you may acquire the ICI-WEB software, or outsource your system maintenance and bandwidth requirements to Infobahn's ASP database servers. Marketing data is mirrored on ICI-WEB's International Property Registry, and output is private labeled to appear as part of your corporate and building specific web site. Our integrated ASP solution incorporates broad bandwidth multi-media rich applications, which enable tenants and investors to receive a more comprehensive and interactive information package from you at a cost effective price. For further information on ICIWEB, go to http://www.narer.com/iciweb How To Become A Bulletin Sponsor Every six to eight weeks, the NARER Bulletin is sent to over 4,700 commercial real estate professionals. The mailing list was compiled by Rutherford & Company's research department, and is representative of a substantial percentage of North America's institutional real estate management, investment and mortgage lending community. To become a sponsor of the NARER Bulletin, or submit content for publication on the North American Real Estate Review's web site, please contact the publisher at rutherford@narer.com ***Canceling and Subscription*** The NARER Bulletin primarily highlights articles, submissions and conference discussions. The mail list is not for sale. If you do not wish to receive this Bulletin, reply with "Cancel" in the subject field. Had this Bulletin been received indirectly from an associate, and you wish to be added to our mailing list, send an e-mail with "Subscribe" in the Subject area to mailto:rutherford@narer.com "Information Empowerment or Knowledge Management" is the essence and primary driver of the Internet's popularity. The future direction for business, is less about supporting traditional commercial delivery systems, and more about storming the gates with a new paradigm for doing business." Infobahn Communications Inc. © 2000, All Rights Reserved