This article originally appeared in React News on 12 January 2023
Coyote Software has integrated Forbury’s investment modelling tool into its platform in a bid to help investment teams make faster and better informed decisions, React News can reveal.
Two years in the making, product integration between the two proptech firms covers the entire investment process from introductions, to screenings, underwriting and deal management.
Coyote’s customers will be able to access a single source of live data, available to all team members, wherever they are. The firm said that prospective returns on deals can be viewed “in a matter of minutes”, helping speed up investment decisions.
Rather than manually performing complex calculations, clients can now use a robust underwriting model across all deals, to eliminate errors and streamline the acquisition process. Additionally, the Forbury model allows multiple scenarios to be saved, facilitating bespoke, custom uses and outcomes.
Oli Farago, founder and CEO of Coyote, said: “We’re proud to announce our partnership with Forbury, and we’re excited to deliver an enhanced experience to our users. Now more than ever, investment teams need to be agile. This exciting new integration will equip our customers with more of the tools they need to act fast and stay ahead of the pack.”
Scott Willson, CEO of Forbury, added: “This partnership is a result of two years of development and collaboration, and we’re happy to announce that Forbury is now integrated into the Coyote platform. We’re passionate about bringing the very best tools to commercial real estate teams, and we are confident that our partnership with Coyote will help achieve that.”
The partnership between Coyote, whose software helps investment teams, asset managers and property managers, and Forbury, which is best known as a valuation software provider, could be extended.
Willson said: “We’re looking forward to seeing the partnership grow over the coming year, and to hopefully integrate more of our services into the Coyote platform.”
Read the full story on React News