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PublicAssets Launches in BETA

What started as a vision two years ago--to catalogue the world's public assets--has led us to today launching the world's first comprehensive catalogue of public assets for any asset class in any country. Hello world!

Public assets, including real estate, natural resources, infrastructure, government-owned companies, currency, loans, and more make up the world's biggest set of asset classes. Though no one knows the exact value, the World Bank and others have estimated global public assets at over $300T. That's far bigger than the world's capital markets and bigger than all the world's commercial and residential real estate combined. And though many assets don't make sense to sell or are national treasures, governments continually recycle assets to meet financial obligations and changing societal needs, however, have never had a marketplace of information around the assets entrusted to them.

Today, specifically, we launch the first catalogue and service that provides the public, commercial real estate agents, and any interested party free access to property records for the 4.5m+ office buildings, warehouses, health care facilities, laboratories, airports, ports, land, and much more owned by over 90,000 towns, cities, counties, states, authorities, districts, and the United States Federal government. Governments across all levels in the United States own 10B+ square feet of commercially-oriented space and over 650m acres of land. To this catalogue of owned real property, we've added RFPs / RFIs governments have for leasing commercially-oriented space and engaging with commercial real estate brokers for services. We've also added information on the leases for commercial space governments have with private, third-parties. This information provides governments, the commercial ecosystem, and the world with far clearer insight than every before as to the real estate governments own, lease, and need to more efficiently and effectively deliver value to the public. The data are not perfect nor complete, and never will be, however, our goal is to continue to improve the data over time and open up the platform for more frequent and accurate updating to provide the highest-quality information possible.

In addition to ownership data, we publish requirements and leasing data for many governments, however, it's a fraction of those across the country. Over the coming months we will also begin adding information on government properties available for sale, lease, or (re)development. As we build up data, add functionality, and get feedback from visitors and customers alike, we are calling this Beta. Beta will last through the end of 2016 and during this time we are offering reduced prices on our two plans: Connect and Plus.

Please let us know if you have any feedback, questions, or praise. We look forward to hearing from you and of course, adding to the value we provide the world and meeting our mission of cataloguing the world's public assets.

Skip

Skip Rudolf
Founder & CEO
PublicAssets, Ltd.

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Capstak and PublicAssets Announce Strategic National Commercial Real Estate Partnership

Capstak to distribute PublicAssets' national database of government leases and RFPs across the United States through its mobile technology platform

RENO, NV & SAN FRANCISCO, CA – Capstak and PublicAssets are pleased to announce the launch of a nationwide strategic partnership whereas Capstak has on-boarded PublicAssets’ database of billions of dollars of government commercial leases and RFPs onto the Capstak proprietary Haves & Wants platform for the commercial real estate industry. 

“The government CRE market is 15% of the total commercial real estate market in the United States and is extremely active. Capstak’s digital deal platform for commercial real estate professionals and cutting-edge mobile technology is the ideal channel to distribute PublicAssets’ database to drive deal flow and opportunity for governments, agents, and the broader CRE ecosystem,” said Skip Rudolf, CEO of PublicAssets. 

“Governments are leasing more space than ever and acting more commercial than ever,” said Michael Schnabel, Co-CEO of Capstak. “Leveraging Capstak’s Haves & Wants proprietary technology, tens of thousands of formerly hidden opportunities to lease, dispose, and acquire property will get exposure to local and national markets.”

Commented Heather Goldman, Co-CEO, Capstak, “The industry has long lacked an inventory of government assets that’s readily accessible to the community in a way that supports local governments and companies to optimize their commercial real estate holdings. We are thrilled to be partnering with PublicAssets to bring this visibility to the market in a way that can drive transactions.”

About PublicAssets
PublicAssets is cataloging the capital assets owned by governments around the world. The company's first service is a government commercial real estate platform that provides CRE professionals access to billions of dollars in previously hidden opportunities in the massive and dynamic government commercial real estate market. The company has aggregated parcel data, lease expirations, requirements, and contacts for the 95,000+ governments, authorities, and special districts across the United States. www.PublicAssets.com

About Capstak
Capstak is a market network that centralizes the commercial real estate industry and its activities through actionable-connectivity. Capstak’s proprietary technology solutions empower the $15 trillion commercial real estate industry by enabling CRE professionals to find deals, source capital and identify trusted business partners with greater ease and efficiency. The company is headquartered in Reno, Nevada with offices in New York and San Francisco. www.Capstak.com

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PublicAssets Launches First Comprehensive Government Real Estate Listing Service & Promotional Services

PublicAssets today announced that it has launched the first comprehensive Web site and suite of promotional services that help governments and public entities achieve better outcomes in real estate markets. Each year, the 95,000 public entities across the U.S. strive to sell commercial assets, 100,000s of tax-foreclosed residential properties, and enter PPP (re)development agreements. Yet, most governments and public entities [report] that their greatest challenge is getting enough offers. PublicAssets offers a free listing site and promotional services designed to deliver greater exposure and more offers. 

With PublicAssets, governments and public entities can:

  • Add Unlimited Listings & Collaborate Across Teams
  • Create Marketing Flyers for Free With a Single Click
  • Get Exposure to 100K Buyers, Investors, Developers & Agents in the PublicAssets Database
  • Promote Listings to Millions on the Most Popular Listing Sites

The company's site and services serve the broad range of real estate owned and marketed by the Federal government, states, counties, municipalities, authorities, and special districts, including office space, tax-foreclosed houses, industrial land, affordable housing, mixed-use developments, transit retail spaces, parking lots/garages, medical facilities, and the entire breadth of government real estate.

Watch the video to learn more.

To learn more about how PublicAssets get help deliver better outcomes in real estate markets for your government, please send us email.

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PublicAssets Launches Suite of Data & Services for COGs & MPOs

PublicAssets today launched a suite of data and services that help regional planning agencies, local governments, and public entites achieve a broad range of short, medium, and long term objectives. Councils of Government (COGs) and Metropolitan Planning Organizations (MPOs) are in leadership positions to develop and fund strategies that drive regional growth, transit-oriented development, affordable housing, and resilience in an ever-changing world. The most effective way to finance these investments is to better-sweat or recycle unneeded real estate assets. Yet most public entities don’t know what they own and 70% of public officials say that their biggest challenge in marketing assets for lease, sale, or PPP (re)development is getting enough offers.

PublicAssets' suite of data and services addresses these issues by helping local governments and public entities develop asset inventories and achieve better outcomes in real estate markets with the following offerings:

  • Public Asset Inventories & Real-Time Valuation
  • Regional Microsites to Promote Surplus Public Real Estate Listings
  • Listings Promotion to Major Real Estate Sites
  • Real Estate Transaction Services

Skip Rudolf, CEO of PublicAssets stated, 'Metropolitan regions across the U.S. face ever-increasing challenges that can best be addressed by COGs and MPOs. Most public entites are challenged to get offers for their surplus real estate assets and PPP (re)development opportunities. Our suite of data and services is the only offering designed to help governments understand what they own and to get better oucomes in real estate markets.'

To learn more, watch the video or visit cog.publicassets.com

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Skip Rudolf Talks with Ryan Cox of The Real Estate Innovators Podcast

Skip Rudolf, CEO of PublicAssets, offers insights into the government real estate market, the founding of PublicAssets, and how the company helps governments get better outcomes in real estate markets.

Listen to his interview with Ryan Cox of The Real Estate Innovators.

 

 

 

 

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