Data & Analytics Expert Joins The Proptech Unicorn As It Expands VTS Data, the Industry’s Only Forward-Looking Market Data Offering
NEW YORK, NEW YORK—October 30, 2020—VTS, the commercial real estate industry’s leading leasing, marketing, and asset management platform, today announced Max Saia as Director of Investor Research. In this newly created role, Saia will be responsible for building out VTS' investor research capabilities, focusing on leveraging VTS' proprietary data and industry-leading data science and analytics to help companies improve decision making across the entire asset lifecycle. His appointment comes on the heels of the company’s highly-anticipated VTS Data launch—the industry’s only forward-looking market data product that enables investment professionals to reinvent their investment strategies using data informed by today’s market activity, instead of delayed information.
“Max has a deep understanding of the existing commercial real estate information landscape and subsequent pitfalls, and he shares our team's vision around its necessary evolution,” said Nick Romito, CEO and Co-Founder of VTS. “His unparalleled experience working closely with and supporting some of today’s most influential landlords and brokerage teams globally will benefit our team immensely as we continue to develop our next generation of data products.”
Prior to joining VTS, Saia served as the Director of Research, Strategic Planning and Analysis for The Irvine Company. In this role he was responsible for acting as an internal consultant on analytically-focused strategy as well as crafting quarterly economic updates, fundamental forecasts, and dashboards that were utilized to guide key investment and development decisions. Prior to The Irvine Company, Saia held notable positions as the Vice President of Research and Strategy for American Realty Advisor and an Economist for CBRE. He’s presented at Urban Land Institute and was awarded the Americas Research Rising Stars 2016 and Most Valuable Researcher in Southern California in 2017.
"As a commercial real estate researcher, guiding strategic decision making by traditional industry data sources has been a challenge to say the least. Million and billion dollar decisions should not be based on incomplete and outdated information,” said Saia. “I’m honored and thrilled to be joining VTS’ top notch team, they not only have a clear vision of what the future of commercial real estate data looks like, they are actively turning their vision into an innovative reality."
VTS Data features aggregated anonymized data captured directly from the $200B in transactions managed on the VTS Leasing Platform, never anecdotal data. It provides the industry’s most accurate information, drawn from connections across complex relationships in VTS’ mass dataset. With the product, investment professionals can reinvent their investment strategies using data informed by today’s market activity, instead of delayed information. VTS data captures 98% of new tenant demand in the top 10 U.S. Markets. As a result, it provides an up-to-the-minute understanding of the types of active tenants in the market, including their industries, the spaces they’re looking for, and what they are paying. It is now available in New York, San Francisco, & other major U.S. office markets. For more details, visit vts.com/vts-data.
VTS is commercial real estate’s leading leasing, marketing and asset management platform where the industry comes to make deals happen and real-time data comes to life. The VTS Platform captures the largest first-party data source in the industry, which delivers real-time insights that fuel faster, more informed decision making and connections throughout the deal and asset lifecycle. VTS Data, the industry’s only forward-looking market dataset, and VTS Market and Marketplace, the industry’s first integrated online marketing solution, give landlords, brokers, and tenants unparalleled visibility into real-time market information and the direct connectivity to execute deals with greater speed and intelligence at every point in the planning, marketing, leasing, and asset management cycle.
More than 60% of Class A commercial space in the US and 11B square feet of commercial real estate globally is managed on the VTS platform. Our user base includes over 45,000 CRE professionals including respected industry leaders like Blackstone, Brookfield Properties, LaSalle Investment Management, Hines, Boston Properties, Oxford Properties, JLL, and CBRE. To learn more about VTS, and to see our open roles, visit vts.com.
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