REALAI

Downloadable computer software and downloadable mobile applications featuring software tools for quantitative analysis of markets and real-estate assets and portfolios, namely, software for benchmarking rents and expenses, forecasting market trends, optimizing portfolio capital deployment, and conducting scenario-based risk tests; none of the foregoing for real-estate listings, multiple-listing-service MLS access, agent or broker lead generation, customer-relationship-management CRM, or transaction, offer, or document management.

Provision of financial analysis in the field of real-estate investment via a proprietary software engine, namely, generating property and market-level underwriting, pricing screens, portfolio rebalancing insights, and operational performance surveillance for institutional and professional investors; providing online, non-downloadable reports containing quantitative and qualitative insights derived from aggregated economic and demographic data for use in real-estate investment decision-making; all of the foregoing excluding real-estate brokerage, residential listing services, agent-matching or locator services, and excluding investment-banking services, municipal-bond advisory, and general business strategy, operations, or supply-chain consulting.

Software as a service (SAAS) and platform as a service (PAAS) featuring software for quantitative analysis of real-estate assets, markets, and portfolios; non-downloadable software for benchmarking markets and property-level operating metrics, generating forward-looking market analytics, portfolio optimization, risk modeling, and multi-scenario stress testing; providing temporary use of online non-downloadable software that ingests and analyzes third-party economic, demographic, property, and transaction datasets to produce automated underwriting reports, diagnostics of performance drivers, and data-backed recommendations for real-estate investment and asset management professionals; all of the foregoing expressly excluding real-estate listing services, multiple-listing-service (MLS) functionality, home-search user interfaces, agent or broker lead-generation tools, customer-relationship-management (CRM) platforms, and transaction, offer, or document management for real-estate brokerage.