TUCSON-based commercial real estate technology firm f9 Analytics has released an algorithm program free to the public via an application programming interface (API) that solves lease financing to analyze lease optimization.
Available via the App Store with downloadable package for Corporate Servers, the algorithm, provides corporate users a technological tool for solving in lease finance. At its core, the API empowers the end-user with the capability to solve, structure, and optimize leases to hit financial goals. With one financial goal in mind, a corporate end-user can effectively modify every financial term of a lease, and have a solution to their financial goal in seconds.
So what is it that makes the API's algorithm so valuable to companies that lease commercial property such as REITs, Pension Funds, and Investment Firms? It's simple, the algorithm provides the first-of-its-kind solution to a seemingly unsolvable problem; that is, empowering corporate property owners to instantly bridge the financial gap between two disparate parties (tenant and landlord). The hyper-efficiencies borne by the API cannot be discounted: it takes a financial problem that might take a week to identify, and provides a real-world solution in milliseconds. According to company founder and CEO, John J. Cona, "What makes this breakthrough technology significant is (1) we have provided a solution that allows companies to negotiate profitable financial terms in nearly real-time; (2) we have provided a solution that allows companies to target and optimize leases that hit financial goals; and (3) we have increased the efficiency and thereby speed at which leases can be transacted."
This algorithm is made free to the public for companies to use via the F9Analytics cross-platform API. The cross-platform API can be accessed mobile, through the App Store, or direct through a company's Corporate Server via the downloadable installation package for Corporate Servers on the F9Analytics site.
The company, f9Analytics was founded in Los Angeles and is headquartered now in Tucson. It’s the company goal is to deliver superior technology centric financial solutions to the commercial real estate industry. Mr. Cona served as Executive Asset Manager for a boutique technology CRE asset management firm specializing in the development of advanced property valuation systems, programmatic modeling/reporting, and BI analytics. As Executive Asset Manager Mr. Cona was involved in multi-continent asset management initiatives for the likes of GE Capital Global Asset Management and DEXUS Property Group of Australia (ASX:DXS), both requiring the development of specialized portfolio valuation and analytics systems, providing valuation and reporting on 7,000 equity owned assets to underwriters in the US, Europe, and Asia-Pacific.
f9 Analytics, through its direct and corporate enterprise cloud services, provides companies, property investors, and property service firms exceptional cloud technologies to simplify the complexity of property finance. Whether you are a Property Services Firm, an Institutional Investor, or a Small or Large Company that leases space, “we build the intelligent tools so you can lease smarter,” says the company in a written statement.
There is also a free lease comparison app on its website that helpful. For further information, please visit F9analytics, the App Store, or contact (800) 851-3572 to learn more about F9Analytics corporate services.
Full press release can be found HERE