#United States #New York #Real Estate #Kroll #Valuation Solution

Kroll Unveils Its Game-Changing REVS Solution for Real Estate Valuation

In a notable advancement for the commercial real estate sector, Kroll, a leading global provider of financial and risk advisory solutions, has announced the launch of its new platform: the Kroll Real Estate Valuation Solution (REVS). This cutting-edge, AI-enabled system aims to simplify and enhance the process for commercial property valuations, empowering investors, sponsors, and owners throughout the United States.

Ross Prindle, Managing Director and Global Head of Kroll's Real Estate Advisory Group, states, "Kroll valued over $25 billion in institutional real estate across more than 15,000 commercial properties last year. With evolving fund structures, the demand for frequent, transparent, and data-driven valuations is at an all-time high, posing challenges for many institutional investors." It's evident that the need for innovation in valuation processes is precipitated by the complexity of modern investment structures such as perpetual life funds and net asset value (NAV) vehicles.

Kroll is positioning itself as the authority at the confluence of valuation, protection, and deal advisory. Michael H. Dolan, President of Financial Advisory at Kroll, reinforces this vision by emphasizing the increasing complexity in valuation needs, stating, "As the market requires more frequent and varied valuation, Kroll REVS integrates our premier insights, data, and advanced technologies, ensuring the speed, transparency, and audit-readiness clients expect."

The new Kroll REVS platform integrates a variety of tools and resources aimed at enhancing the efficiency of the valuation process. By leveraging portfolio insights, benchmarking tools, workflow automation, and appraisal management metrics derived from Kroll’s extensive collection of market indicators, the platform offers a user-friendly experience tailored to commercial real estate investors.

Among its numerous benefits, Kroll REVS allows users to:

• - Reduce valuation cycle times while ensuring audit-ready documentation and compliance with regulatory standards.
• - Achieve portfolio-level transparency through standardized assumptions and consistent methodologies across various assets and timeframes.
• - Maintain independence and integrity by relying on objective, conflict-free analyses.
• - Scale operations efficiently without introducing unnecessary complexity.

These capabilities culminate in a faster valuation process, facilitating clearer decision-making essential for institutional investors in today's competitive market.

Through this launch, Kroll underscores its commitment to providing innovative solutions that align with evolving market demands. The company’s extensive experience and deep market understanding reaffirm its pivotal role in enhancing the commercial real estate sector's valuation process. The Kroll REVS platform is not merely a tool; it's a response to the industry's complex valuation challenges and a step forward in delivering the transparency and speed that investors need.

To explore more about Kroll REVS and its functionalities, visit kroll.com.

About Kroll

Kroll is the leading independent provider of financial and risk advisory solutions. With nearly a century of trusted expertise, Kroll is dedicated to helping clients navigate complexities in risk, governance, transactions, and valuation, ensuring they maintain a competitive edge. With a global workforce of over 6,500 professionals, Kroll is committed to leveraging unique insights, data, and technology to provide clients with the foresight they require. At Kroll, core values guide partnerships with clients and communities alike.