Newmark Group, Inc. announces the launch of Newlitic, an innovative technology solution that integrates enterprises’ real estate portfolio information into one single platform. A flexible and intuitive tool for corporate real estate (CRE) professionals, Newlitic offers capabilities for multiple management reporting needs—including occupancy utilization, portfolio and lease administration, transaction management, capital projects and facilities management—through customizable web dashboards.
The addition of Newlitic to Newmark’s growing suite of technology, in combination with Newmark Global Corporate Services’ (‘GCS’) expertise in real estate management, further empowers its enterprise clients across the world, enabling leaders to advance data-driven strategies and leverage real estate information to the fullest.
“CRE leaders have long had point solutions to manage aspects of their portfolios,” said Newmark GCS Chief Executive Officer Rick Bertasi. “However, translating data to produce meaningful and actionable insights into portfolio performance has always been a challenge, until now. Addressing the solution, Newlitic provides a new form of analytics specifically for CRE end-users. With Newlitic we continue our commitment to leveraging technology to empower our clients to advance their real estate and business objectives.”
With more than two decades of combined data mining, integration and implementation experience, the Newlitic team has curated powerful data visualizations to assist CRE leaders in managing costs, resources, workloads, space efficiencies and strategies in one easy-to-use interface. Newlitic software is simple to integrate, allowing for seamless data input from multiple sources and at scale. Newlitic offers users the advantage and ability to track trends and anticipate challenges, enabling effective decision-making in a fast-changing business climate. For more about Newlitic: www.newlitic.com.