SYSTEMS AND METHODS FOR DETERMINING A VALUE OF COMMERCIAL REAL ESTATE

• US 20160162986A1
• Filed: 12/09/2014
• Published: 06/09/2016
• Est. Priority Date: 12/09/2014
• Status: Abandoned Application

• Current Assignee: Mastercard International Incorporated (MasterCard Incorporated)
• Original Assignee: Mastercard International Incorporated (MasterCard Incorporated)
• Inventors: Ghosh, Debashis
• Application Number:
  US14/564,440
• Publication Number:
  US 20160162986A1
• Time in Patent Office: Days
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 50/16 Real estate

Abstract

A computer-implemented method for evaluating real estate assets is implemented by a real estate evaluation computing device in communication with a memory. The method includes receiving a set of property factors, receiving a set of income factors, receiving a previous real estate rating for the real estate asset, receiving a set of merchant data associated with the merchant, the set of merchant data including a set of transaction data, determining a merchant revenue forecast based at least in part on the set of merchant data, determining a present real estate rating, determining that a difference between the present real estate rating and the previous real estate rating exceeds a rating threshold indicating a possible change in value of the real estate asset, and transmitting an alert to a user device indicating the possible change in value of the real estate asset.

Claims

1. A computer-implemented method for evaluating real estate assets, the method implemented by a real estate evaluation computing device in communication with a memory, the method comprising:

receiving a set of property factors associated with a real estate asset, wherein the real estate asset is associated with a merchant renting the real estate asset;

receiving a set of income factors associated with the real estate asset;

receiving a previous real estate rating for the real estate asset;

receiving a set of merchant data associated with the merchant, the set of merchant data including a set of transaction data, wherein the set of transaction data is received at an interchange network;

determining a merchant revenue forecast based at least in part on the set of merchant data;

determining a present real estate rating for the real estate asset based on the set of property factors, the set of income factors, and the merchant revenue forecast;

determining that a difference between the present real estate rating and the previous real estate rating exceeds a rating threshold indicating a possible change in value of the real estate asset; and

transmitting an alert to a user device indicating the possible change in value of the real estate asset.

2. The method of claim 1, further comprising:

determining a set of forecast factors associated with the real estate asset based on the set of merchant data;

determining the merchant revenue forecast based on the set of forecast factors; and

adjusting the present real estate rating based on the merchant revenue forecast.

3. The method of claim 2, further comprising:

determining a merchant revenue stability rating using the set of forecast factors, wherein the merchant revenue stability rating represents a capacity of the merchant to pay a rental fee associated with the real estate asset based on analysis of the set of merchant data.

4. The method of claim 3, further comprising:

identifying, based on the merchant revenue stability rating, a rent tolerance for the merchant; and

alerting the user if the rent tolerance is different than a present rental rate associated with the merchant.

5. The method of claim 1, further comprising:

receiving social media data associated with the merchant; and

adjusting the merchant revenue forecast based on the social media data.

6. The method of claim 1, further comprising:

replacing the previous real estate rating with the present real estate rating.

7. The method of claim 1, further comprising:

receiving the previous real estate rating from an external rating service.

8. A real estate evaluation computing device for evaluating real estate assets, the real estate evaluation computing device comprising a memory for storing data, and a processor in communication with the memory, said processor programmed to:

receive a set of property factors associated with a real estate asset, wherein the real estate asset is associated with a merchant renting the real estate asset;

receive a set of income factors associated with the real estate asset;

receive a previous real estate rating for the real estate asset;

receive a set of merchant data associated with the merchant, the set of merchant data including a set of transaction data, wherein the set of transaction data is received at an interchange network;

determine a merchant revenue forecast based at least in part on the set of merchant data;

determine a present real estate rating for the real estate asset based on the set of property factors, the set of income factors, and the merchant revenue forecast;

determine that a difference between the present real estate rating and the previous real estate rating exceeds a rating threshold indicating a possible change in value of the real estate asset; and

transmit an alert to a user device indicating the possible change in value of the real estate asset.

9. The real estate evaluation computing device of claim 8, wherein the processor is further programmed to:

determine a set of forecast factors associated with the real estate asset based on the set of merchant data;

determine the merchant revenue forecast based on the set of forecast factors; and

adjust the present real estate rating based on the merchant revenue forecast.

10. The real estate evaluation computing device of claim 9, wherein the processor is further programmed to:

determine a merchant revenue stability rating using the set of forecast factors, wherein the merchant revenue stability rating represents a capacity of the merchant to pay a rental fee associated with the real estate asset based on analysis of the set of merchant data.

11. The real estate evaluation computing device of claim 10, wherein the processor is further programmed to:

identify, based on the merchant revenue stability rating, a rent tolerance for the merchant; and

alert the user if the rent tolerance is different than a present rental rate associated with the merchant.

12. The real estate evaluation computing device of claim 8, wherein the processor is further programmed to:

receive social media data associated with the merchant; and

adjust the merchant revenue forecast based on the social media data.

13. The real estate evaluation computing device of claim 8, wherein the processor is further programmed to:

replace the previous real estate rating with the present real estate rating.

14. The real estate evaluation computing device of claim 8, wherein the processor is further programmed to:

receive the previous real estate rating from an external rating service.

15. A computer-readable storage device, having processor-executable instructions embodied thereon, for evaluating real estate assets, wherein the computer includes at least one processor and a memory coupled to the processor, wherein, when executed by the computer, the processor-executable instructions cause the computer to:

receive a set of property factors associated with a real estate asset, wherein the real estate asset is associated with a merchant renting the real estate asset;

receive a set of income factors associated with the real estate asset;

receive a previous real estate rating for the real estate asset;

receive a set of merchant data associated with the merchant, the set of merchant data including a set of transaction data, wherein the set of transaction data is received at an interchange network;

determine a merchant revenue forecast based at least in part on the set of merchant data;

determine a present real estate rating for the real estate asset based on the set of property factors, the set of income factors, and the merchant revenue forecast;

determine that a difference between the present real estate rating and the previous real estate rating exceeds a rating threshold indicating a possible change in value of the real estate asset; and

transmit an alert to a user device indicating the possible change in value of the real estate asset.

16. The computer-readable storage device of claim 15, wherein the processor-executable instructions cause the computing device to:

determine a set of forecast factors associated with the real estate asset based on the set of merchant data;

determine the merchant revenue forecast based on the set of forecast factors; and

adjust the present real estate rating based on the merchant revenue forecast.

17. The computer-readable storage device of claim 16, wherein the processor-executable instructions cause the computing device to:

determine a merchant revenue stability rating using the set of forecast factors, wherein the merchant revenue stability rating represents a capacity of the merchant to pay a rental fee associated with the real estate asset based on analysis of the set of merchant data.

18. The computer-readable storage device of claim 17, wherein the processor-executable instructions cause the computing device to:

identify, based on the merchant revenue stability rating, a rent tolerance for the merchant; and

alert the user if the rent tolerance is different than a present rental rate associated with the merchant.

19. The computer-readable storage device of claim 15, wherein the processor-executable instructions cause the computing device to:

receive social media data associated with the merchant; and

adjust the merchant revenue forecast based on the social media data.

20. The computer-readable storage device of claim 15, wherein the processor-executable instructions cause the computing device to:

replace the previous real estate rating with the present real estate rating.