McGraw-Hill Construction and Torto Wheaton Research Launch TWR/Dodge Pipeline

McGraw-Hill Construction and Torto Wheaton Research Launch TWR/Dodge Pipeline

Pipeline's Information on Commercial Projects is First of Offerings to be Distributed; New Products, Jointly Developed will Follow

NEW YORK, Jan. 4 /PRNewswire-FirstCall/ -- McGraw-Hill Construction, the premier provider of construction information and intelligence in North America, and part of The McGraw-Hill Companies (NYSE:MHP), and Torto Wheaton Research, a CB Richard Ellis (NYSE:CBG) company, today announce the launch of TWR/Dodge Pipeline, a web-enabled application developed by TWR and powered by McGraw-Hill Construction data.

McGraw-Hill Construction Analytics is the premier provider of construction analysis, forecasts and trends. These products improve market share, efficiency, competitiveness, and bottom-line performance in firms involved in any part of the building life-cycle. Staffed by a highly skilled team of leading industry economists, experts and analysts, the team maintains and analyzes detailed historical and forecast databases of construction activity. One of its most important products is Pipeline, which provides information on commercial projects in various stages of construction around the country, and is geared towards real estate professionals. Pipeline is derived from McGraw- Hill Construction's rich national construction database of over 600,000 projects gathered by more than 900 reporters and correspondents across the country and in Canada.

Torto Wheaton Research is the premier provider of research services to owners and investors in the U.S. and Canadian commercial real estate markets. Its client base includes institutional advisors, plan sponsors, opportunity fund managers, government agencies, banks, insurance companies, rating agencies and finance companies. The company's rigorous approach to modeling, forecasting and investment strategy enable it to provide clients with directional advice, insightful decision-making and, ultimately, investment performance.

"Pipeline is a powerful solution for those industry players interested in new supply of commercial real estate," said Ray Torto, principal and chief strategist of Torto Wheaton Research. "In today's market, supply is a tremendous factor in assessing real estate risk. With this launch, I have the pulse of supply at my fingertips!"

"Torto Wheaton Research has done a terrific job in developing Pipeline's web application," said Norbert W. Young, Jr., FAIA, president of McGraw-Hill Construction. "The site is easy, clean, and very intuitive. I know major investors and owners of the U.S. and Canadian commercial real estate markets will appreciate its simple elegance. This is just the first example of the benefit of collaboration between two industry leaders."

About Torto Wheaton Research

Founded in 1982, TWR is a knowledge-based product and investment strategy provider to investors and lenders in commercial real estate. TWR's solid foundation in academic economics and econometrics, its twenty-two year successful track record on forecasting markets and its wide and in depth access to unmatched market intelligence through its parent CB Richard Ellis, delivers durable and highest value for clients. TWR's clients include investment advisors, insurance companies, commercial banks, pension funds, rating agencies, regulatory agencies, opportunity funds, and private investors, among others.

About CB Richard Ellis

Headquartered in Los Angeles, CB Richard Ellis (NYSE:CBG) is the world's leading commercial real estate services firm (in terms of 2003 revenue). The company serves real estate owners, investors and occupiers by offering strategic advice and execution for property leasing and sales; property, facilities and project management; corporate services; debt and equity financing; investment management; valuation and appraisal; research and investment strategy; and consulting. Including partners and affiliates, CB Richard Ellis has more than 300 offices across 50 countries around the world. Please visit our Web site at http://www.cbre.com/

About McGraw-Hill Construction

McGraw-Hill Construction connects people, projects and products across the design and construction industry. From project and product information to industry news, trends and forecasts, the Company provides industry players the tools, resources and applications that help them save time, money, and energy, especially through the new McGraw-Hill Construction Network(TM). Backed by the power of Dodge, Sweets, Architectural Record, Engineering News-Record (ENR) and 12 Regional Publications, McGraw-Hill Construction serves more than one million customers within the $4 trillion global construction community. For more information, visit http://www.construction.com/.

About The McGraw-Hill Companies

Founded in 1888, The McGraw-Hill Companies is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, BusinessWeek and McGraw-Hill Education. The Corporation has more than 280 offices in 40 countries. Sales in 2003 were $4.8 billion. Additional information is available at http://www.mcgraw-hill.com/.


Source: McGraw-Hill Construction

CONTACT: Kathy Malangone
McGraw-Hill Construction
212-904-4376
kathy_malangone@mcgraw-hill.com
Jerry Cahn
PortfolioPR
212-736-9224
jcahn@portfoliopr.com
Ray Torto
Torto Wheaton Research
617 912 5225
rtorto@tortowheatonresearch.com

Web site: http://www.construction.com/
http://www.mcgraw-hill.com/
http://www.cbre.com/


-------
Profile: intent