7-25-14

6B — July 25 - August 14, 2014 — Owners, Developers & Managers — M id A tlantic

Real Estate Journal

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O wners , D evelopers & M anagers Haeussler and Juhlin join NJ-based company River Drive Construction grows with two new hires

E LMWOOD PARK, NJ — In an effort to further elevate its in- dustry-leading construction and construction manage- ment platforms, River Drive Construction announced two hires: Bruce Haeussler , of Al- bany, NY, joins River Drive as a project manager. Prior to joining River Drive, Hae- ussler served as vice president of operations for Eastern Building Group . A 29-year veteran of the construction industry, he has also held positions with Widewaters

2014 Governor’s Conference on Housing and Economic Development September 22 & 23, 2014 Atlantic City Convention Center

Construction , BBL/Bette & Cring Construction , Di- Tech Corporation , Balcor/ American Express and Gra- ham Associates . Kent Juhlin , of Saddle Brook, NJ, also joins the com- pany as a project manager. Prior to joining River Drive, Juhlin served as a project man- ager for Conelle Construc- tion . The 14-year veteran of the construction industry, who has also held positions with Johnson Controls , Pros- pect Capital Group and Reckson Associates Realty Corp ., has experience over-

seeing office, healthcare and residential projects as well. At River Drive, both Hae- ussler and Juhlin will be re- sponsible for project manage- ment, project budgeting, proj- ect cash flow analysis, hiring and negotiating contracts with subcontractors and material suppliers and coordination of project meetings. “Both Bruce and Kent fit the profile of the type of profes- sionals that we’re looking to add to the River Drive team,” said Joseph Langan , presi- dent of River Drive Construc- tion. n “Big Data” has big potential for comm’l real estate... continued from page 2B property owners are setting up their own shared office envi- ronments and working directly with companies seeking this type of accommodation. Q: How can companies bet- ter leverage their traditional enterprise system data? A: Real estate companies have vast amounts of data locked up in their enterprise systems, but frequently infor- mation is tied to a particular function. New analytical tools enable companies to expose, extract and integrate some of that previously “separated” detail. IBS is using Datawatch Corporation’s report mining tool, Datawatch Desktop™, to gather numbers off various system reports into a rela- tional database that enables deeper analysis. Datawatch Server then enables the visu- alization and sharing of the results. For example, we have a cli- ent who wanted a single-line cash position report by entity, including entity name, opening cash balance, checks written, depositsmade, ending cash bal- ance, current and over-30-day AP information, and current and over-30-day AR informa- tion. Of course, all of this in- formation is already available in the system – but on nine dif- ferent reports. The Datawatch products allow us to gather facts from each report, and re-model the output by entity with the ability to drill back down to the original source data. This is not only cool but provides quick ROI for today’s information-hungry property owners and operators. n

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