LAS VEGAS, Dec. 3, 2009 — Commercial Alliance Las Vegas (CALV), operated by the Greater Las Vegas Association of REALTORS®, recently joined forces with Restrepo Consulting Group and a leading national real estate data provider to drastically expand the size and quality of their repository of Las Vegas commercial real estate data.
Since 2004, CALV has partnered with Catylist to provide members with a powerful listing and marketing Commercial Information Exchange, http://www.calv.org, allowing them to share and market properties more efficiently. Data entered by members is owned and controlled by the association on behalf of their commercial real estate community. Next on their agenda is to develop an affordable, fully researched database that includes all commercial land and building records in the Greater Las Vegas market area in addition to recent sale and lease transactions and currently listed properties.
CALV worked with Catylist to license and import nearly 150,000 property records and 25,000 comparables into their CIE, complete with tax and assessment information, zoning, ownership details, and verified sales transactions. The data came from two trusted sources: the country’s largest provider of business information and Restrepo Consulting Group LLC, who has been researching the Las Vegas market for years. In addition to providing local market data, John Restrepo and his team have been hired to track and verify member-entered listings, transactions and property data on an on-going basis.
CALV experienced significant growth over the past year and is supported by over 100 companies including CB Richard Ellis, Grubb & Ellis, Colliers International, Commerce CRG, and Prudential Commercial Real Estate. This data integration further establishes their CIE as the most comprehensive and accurate source of commercial real estate data in the market, and brings them closer to their goal of compiling a permanent record of each building or land parcel, each with a complete listing and transaction history.
About Commercial Alliance Las Vegas
Managed by the Greater Las Vegas Association of REALTORS®, the mission of Commercial Alliance Las Vegas is to establish strategic alliances with local commercial real estate organizations and practitioners. For more information, visit http://www.calv.org.
About Catylist
Founded in 2002, Chicago-based Catylist is a commercial real estate marketing company. Thousands of real estate brokers, investors, tenants, landlords, and appraisers use Catylist to market and search commercial real estate. Catylist is the leading provider of Commercial Information Exchange (CIE) solutions for real estate communities, operates Commercial IQ (http://www.commercialiq.com), and offers integrated marketing services for commercial professionals. Visit http://www.catylist.com.
Contact:
Richard Maxson, Catylist SVP
920.605.7590
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