NORTHBROOK, Ill. (March 2, 2016) – Pine Tree Commercial Realty, LLC announced today it has selected MREN as the company’s investment management platform after searching for a secure and centralized data-storage and communications hub developed specifically for the real estate industry.
Newly created by Metis, a commercial real estate-focused technology platform provider based near San Diego, Calif., MREN brings a new centralized approach to solving the complexities of real estate asset management procedures, due diligence processes, and stakeholder communications, providing secure file-sharing, and advanced communication channels. Supporting the entire lifecycle of an asset, MREN is designed to provide access to time-saving management tools meant to increase internal and external transparency and facilitate collaboration with all parties involved in a transaction.
In addition to using the platform for external communications and file-sharing, MREN will be utilized by Pine Tree for internal portfolio review and to facilitate the company’s acquisitions pipeline discussion.
“MREN allows us to take a more thoughtful approach to interacting and sharing information with all parties associated with any given asset throughout its life cycle,” said Erin Bremen, Pine Tree’s Executive Vice President of Asset Management & Due Diligence. “This technology will quickly help us deliver information more securely and easily than ever before while allowing us to better understand our entire portfolio of shopping centers.”
MREN is a powerful, multifunctional, collaboration platform that enables all commercial real estate organizations and professionals to establish their own centralized network of people, information, and communication. MREN’s enterprise SaaS solution drives efficiency by maximizing collaboration with both internal and external participants in each investment. Most importantly, it enables CRE professionals and organizations to capture and utilize their relationship intelligence cultivated while they work.
About Pine Tree Commercial Realty:
Pine Tree Commercial Realty, LLC is a full-service real estate company specializing in retail based in Northbrook, Ill. Since its founding in 1995, Pine Tree has acquired and developed 89 properties with an aggregate value of over $1 billion. The company’s projects are located across the United States.