Company Filing History:
Years Active: 2005-2007
Title: Mark Newmister: Innovator in Commercial Real Estate Technology
Introduction
Mark Newmister is a notable inventor based in Ellicott City, MD (US). He has made significant contributions to the field of commercial real estate through his innovative patents. With a total of 2 patents, Newmister has developed systems that enhance the efficiency and security of real estate transactions.
Latest Patents
One of Newmister's latest patents is a system and method for the collection, distribution, and use of information in connection with commercial real estate. This invention creates a unified commercial real estate data model that facilitates the efficient buying and selling of commercial properties. It provides a digital marketplace where members of the commercial real estate community can interact and exchange accurate and standardized information. Additionally, the invention supports mortgage lending by providing sufficient data for lenders to underwrite properties. It also includes a mobile data gathering and dissemination vehicle, along with a system for tracking and dispatching mobile vehicles. Furthermore, it correlates data stored in a remote location to vehicle positions in real time.
Career Highlights
Mark Newmister is currently associated with CoStar Group, Inc., a leading provider of commercial real estate information and analytics. His work at CoStar has allowed him to leverage his innovative ideas to improve the commercial real estate landscape.
Collaborations
Throughout his career, Newmister has collaborated with notable professionals in the industry, including Andrew C. Florance and David Schaffel. These collaborations have contributed to the development and implementation of his innovative solutions.
Conclusion
Mark Newmister stands out as an influential inventor in the realm of commercial real estate technology. His patents not only enhance the efficiency of real estate transactions but also provide valuable tools for industry professionals. His contributions continue to shape the future of commercial real estate.