Archer recently unveiled AIM Automated Underwriting, an underwriting tool that enhances the multifamily underwriting process and reduces the amount of time required to complete a first underwriting from days to minutes. And, AIM Automated Underwriting produces results with or without actual financials.
“Quality underwriting is crucial to the successful execution of an investment strategy, but speed also matters because investors that act quickly have an advantage over their competitors,” says Thomas Foley, co-founder and CEO of Archer. “Before AIM Automated Underwriting, investors had to choose between speed and quality. AIM Automated Underwriting gives investors all the information they need to estimate expected returns, mitigate known risks and take advantage of upside potential.”
By leveraging machine learning, AIM Automated Underwriting predicts operating costs, identifies the best comps in the market for revenues or sales and automatically sorts through thousands of comparable properties.
Archer has partnered with a Houston-based private equity firm to expand its market entry to Austin and San Antonio.
Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM.
In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.