Tower Companies Teams Up with Real Data Management for Paperless Real Estate Portfolio Initiative

The Tower Companies has announced that they have teamed up with Real Data Management (RDM), a New York City-based leading provider of Real Estate technology and consulting services, to create electronic stacking and marketing database systems as part of the company’s paperless initiatives and integrated efficiencies.

“We thought Tower would be a good fit and embrace the innovation and green consciousness we offer,” stated Peter Boritz, RDM Principal and President.

“RDM’s real estate applications which are in the cloud computing space will allow us to more effectively market, lease and manage our entire portfolio of sustainable commercial and residential properties, while at the same time, reducing our carbon footprint,” stated, Marnie Abramson, Tower Companies Principal.

“RDM designed an exciting virtual display for tenants and visitors at 1909 K Street and we look forward to incorporating this and other innovations, such as Augmented Reality within the next 6 to 12 months, as part of our eco-progressive paperless initiatives,” stated Charles Wallach, Tower’s Director of Leasing and Development.

About Real Data Management (RDM)
Real Data Management is a New York City-based leading provider of Real Estate technology and consulting services for commercial, residential and corporate real estate portfolios. For over 25 years, RDM has competed projects in over 1,500 buildings, exceeding 750 million square feet nationwide. Its products and services enable clients to achieve a high level of operational performance.

RDM offers two lines of business to the commercial, residential, retail and corporate real estate communities: Services and Technology. RDM’s services include building re-measurement (Core/shell/demising survey or Existing conditions), Emergency Action Plan creation, FAR studies, marketing plan creation, web design, web docs, due diligence work etc. They also offer commercial and residential software for both which allows owners/property managers to easily manage, lease and track their portfolios. The company is currently providing services to Monday Properties, CBRE, Hines, PM Realty, Aion Capital, Beacon Capital and Cassidy Turley, among others.

About RDM President Peter Boritz
Since 2001, Peter Boritz has served as the Principal and President of Real Data Management, a leading provider of services and technology for the real estate industry. As a seasoned and active small business leader, he has a passion for helping others. He believes in the small business dream and understands how challenging starting or running one can be.

Mr. Boritz has been a contributor to numerous magazines such as The Real Deal, CPN, and Crains New York. His charitable endeavors include the Diabetes Research Institute and the Ben Applebaum Foundation, where he currently serves as President and board Member of this mentoring organization which gives individuals guidance and practical assistance with entrepreneurial activities.

About The Tower Companies
The Tower Company is a closely held, award winning real estate Development Company founded in 1947, headquartered in Rockville, MD and recently named “2010 Awards of Excellence Development Company of the Year,” by Multi Housing News for their corporate green initiatives and outreach. Tower is EPA certified carbon-neutral and a member of Climate Leaders, ENERGY STAR and Green Power Partnership programs. Tower has developed 4.5 million square feet of office buildings, office parks, 1,400 apartments, regional malls, residential communities, lifestyle centers, and hotels within the DC area. Of this total, one million square feet are sustainable buildings and another 2.5 million square feet are in the planning stages.