| McAlister Expands On Demand GeoRoom Usage - October 2006 |
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HOUSTON, TX, October, 2006 - R7 Solutions today announced expansion of its on demand offering for commercial real estate outfit The McAlister Company Watson to cover West Texas, including Austin and San Antonio, in support of ongoing expansion by both the firm investment practice and ongoing development in this part of the state. The McAlister Company is a leading real estate investment firm managing hundreds of millions of dollars worth of land acquisition, development and divestiture annually. McAlister uses R7 Solutions' industry-leading GeoRoom service for real estate research, project management and process compliance. The system currently provides the firm with a map-based real estate research and project management system with boundaries, roads, high resolution aerials, local land parcel data, school districts, waterways, hazards, and a wide variety of other map features while requiring the firm to purchase no additional hardware, software or specialized IT services to support the system. About The McAlister Company The McAlister Company is a real estate brokerage focusing on the acquisition and sale of pre-development land parcels in the Houston Area. The company has specialized in Houston land opportunities since 1973 and offers site selection services to investors and developers as a Real Estate Broker. The Company has brokered over $700 million of Houston land parcels to investors and developers. The Research Department is the center of operations for the company. The Macro economic data on the US economy and on Houston development trends provides the data to develop purchase and exit strategies. The Micro data quantifies land values and alternatives in the marketplace in order to evaluate offers for the purchase and sale of property. The Company also purchases land tracts as an investment through limited partnerships composed of business and professional people. By joining together in a partnership, these investors are able to buy carefully selected investment properties while minimizing there risks. About R7 Solutions |