Mortgage automation and decision system SpaceQuant announced that it renewed its partnership with CRE giant JLL for the fourth time.  Although the specifics sound more like a client renewal, it’s still an important development not only for the company but the product category itself.

“The renewed agreement enables JLL to leverage SpaceQuant’s automation technology for processing and analyzing financial performance of real estate assets underlying the $131 billion loan portfolio serviced by JLL,” the company’s press release stated. “In addition to expanding the share of the portfolio processed by SpaceQuant, the renewal agreement enables JLL to use SpaceQuant API connectivity to export data directly from SpaceQuant to JLL’s servicing system — bypassing the usual tedious step of copy-pasting data from exported excel [sic] files.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2022 ALM Global, LLC. All Rights Reserved.