About Valuate

Valuate® is the world’s fastest-growing property valuation and investment analysis platform. 150,000 users and counting.

Valuate is a product of Real Estate Financial Modeling. Since 2009, REFM software tools have been involved in the raising and placement of billions of dollars of equity and debt capital for commercial real estate transactions of all types.


REFM is composed of real estate and software professionals who are intensely passionate about solving real estate analysis and management problems with cutting-edge, productivity-enhancing software.

Bruce Kirsch
President and CEO

Valuate is led by REFM founder Bruce Kirsch. Mr. Kirsch started his real estate career with CB Richard Ellis’ Midtown Manhattan Investment Properties group. Since 2003, he has spent more time in Microsoft Excel analyzing commercial real estate transactions than he would care to admit. Mr. Kirsch has used this deep experience and connection to thousands of REFM’s customers to inform the creation of the ultimate web-based application for commercial real estate.

Mr. Kirsch holds an MBA in real estate from The Wharton School of the University of Pennsylvania and a BA in Communication from Stanford University. Mr. Kirsch is the Editor of the Third and Fourth Editions of the top graduate level real estate finance textbook, Real Estate Finance and Investments: Risks and Opportunities.

CoLab Cooperative Technology Team

CoLab has been REFM’s outstanding technology partner since the beginning of the Valuate journey.


Amandeep Singh Sapra, Back-end Development


Cristine Nelson, Project Management


Tomaž Korenika, Back-end Development


David Brooks, Front-end Development


Ralph Cutler, Visual Design/UI/UX & Brand Management


Rylan Peery, Operations


Inder Brar, Testing


Noam Eppel, Development


Gabrielle Anctil, Project Management


Pat Haggerty, Development


Ethan Winn, Technology


Jonathan Figueroa, Development