RefineRE is headquartered in Dallas, Texas. It was founded in 2017 by Ryan Turner.
It is a cloud-based CRE platform designed to help organizations manage and optimize their real estate portfolios through comprehensive data analysis and benchmarking. With its suite of tools, RefineRE allows businesses to integrate their internal real estate data with industry market intelligence to make faster, more accurate decisions.
RefineRE is particularly valuable for companies aiming to align their real estate strategies with business goals, enhance cost savings, and benchmark performance against market standards. Features like the BenchCore module allow for granular benchmarking, while the FLEX module assists businesses in transitioning to flexible workspace solutions.
Key Features of RefineRE
1. Portfolio Management
RefineRE’s Portfolio Manager provides real-time tracking and analysis of critical real estate data. With lease expiration dates and other portfolio metrics, your organization can use this tool to stay aware of every aspect of its real estate responsibilities, enabling managers to make strategic choices and avoid mistakes.
2. Data-Driven Benchmarking
The BenchCore module allows companies to benchmark their performance against industry peers. This granular benchmarking includes key metrics such as facilities management (FM) costs and lease terms, providing valuable insights to improve cost savings and enhance overall portfolio performance
3. Environmental, Social, and Governance (ESG) Analytics
To further address the emergent topic of sustainability, RefineRE has developed an ESG module that enables organizations to monitor their carbon emission and overall environmental responsibility. The platform utilizes electrical consumption data and other relevant metrics to analyze energy use, helping companies align their real estate operations with sustainable practices
4. Market Intelligence
RefineRE’s Market Intelligence tool allows businesses to compare leases against current market trends. By identifying leases that are priced above or below market value, companies can better negotiate terms and identify opportunities for cost savings.
5. Flex Workspace Optimization
The FLEX module provides insights into transitioning traditional leases into flexible workspaces. This feature identifies which leases are best suited for a shift to flexible office space, allowing businesses to adjust their real estate strategies to the evolving needs of a hybrid workforce
Benefits of Using RefineRE
- Enhanced Decision-Making: RefineRE integrates internal real estate data with external market trends to provide actionable insights that allow portfolio managers to make well-informed decisions.
- Cost Optimization: Through its benchmarking tools and detailed analysis, RefineRE helps businesses identify areas where they can cut costs, from renegotiating leases to optimizing space usage.
- Sustainability: The platform’s ESG module enables organizations to better track and manage their environmental footprint, aligning with global sustainability goals.
- Flexibility: With the rise of hybrid work models, RefineRE’s tools offer valuable insights into which locations and leases are best suited for flexible workspace solutions, ensuring businesses stay agile.
Why Choose RefineRE?
For companies managing extensive and intricate real estate portfolios, data management can become a daunting task. RefineRE simplifies this process with a centralized platform that consolidates all essential metrics, making it easy for decision-makers to access vital information. Its integration capabilities further allow seamless incorporation into existing workflows. Whether your focus is on enhancing space utilization, benchmarking performance, or advancing sustainability initiatives, RefineRE equips you with the necessary tools to refine and elevate your real estate strategy.