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.
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.
Bulkeley Banks is REFM’s Vice President of Financial Modeling and a software developer for REFM. During his five years with REFM, Mr. Banks has built out REFM’s library of Excel Model Templates as well as custom financial models for both Skanska and Washington, DC’s Southwest Waterfront Project (The Wharf). Mr. Banks is also the co-author of all three levels of REFM’s Certification In Excel For Real Estate Exams.
Mr. Banks holds a Masters in Professional Studies in Real Estate from Georgetown University, and a B.A. in Philosophy from the University of Chicago.
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