LOGAN Valuation championing software as key to evolution
Business Challenge
Robert and Bryan Dragoo founded LOGAN Valuation to cater to institutional clients in Latin America that required a higher level of confidentiality and the appraisal certifications of MAI – MRICS. They saw a clear need to champion industry best practices that would help bring the region closer to more established and mature markets in the United States and Europe. Further, they identified the need for increased transparency that could be provided by real estate fund managers to their investors.
In ARGUS Enterprise, Robert and Bryan saw a tool that would help improve transparency between fund managers and investors in a region that has a rapidly evolving institutional real estate market. Additionally, it would help improve fund managers efficiencies and ultimately grow their business in Latin America.
“Institutionalization of real estate is happening across Latin America. ARGUS Enterprise is without a doubt the standard in the US and has also been implemented by Fibra clients of ours in Mexico. When we started LOGAN we had a major client that was using it, so we decided to implement the software from the beginning – nine years ago.” said Robert L. Dragoo, Co-Founder and Partner, LOGAN Valuation”.