Who owns CompStak?

Who owns CompStak?

‘We have a lot of data that they don’t have,” Michael Mandel, co-founder and CEO of CompStak, said of VTS.

Is CompStak reliable?

We crowdsource our data from verified and active professionals at commercial brokerages and appraisal firms. Our team of real estate data experts is responsible for ensuring the reliability of our lease and sales comps. From sophisticated mapping tools to custom reports, our platforms put CRE intelligence in reach.

How does CompStak make money?

To make money, CompStak sells enterprise licenses to banks, hedge funds, private equity real estate trusts and others that can use it to improve their wheelings and dealings.

How does CompStak work?

Compstak is a crowdsourced model; it invites you into a large network of professionals who are wanting just what you want: analyst-reviewed comps. Once you get your hands on yours, you can filter them, build custom reports, analyze properties, and export to Excel.

How much does CompStak cost?

How much does CompStak cost? For all brokerage and or valuation professionals, the CompStak Exchange is free, which makes it a viable CoStar alternative. This makes a vast amount of essential comps data available to all users. Other commercial real estate professionals need to pay for an Enterprise account.

Is CompStak free?

Join a network of 30,000+ CRE professionals CompStak Exchange is the only free, analyst-reviewed comp data and analytics platform.

Does CoStar own CREXi?

CoStar claims IP addresses affiliated with Commercial Real Estate Exchange Inc., or CREXi, have been in their own server more than a million times “even though such high-volume competitor access is forbidden by CoStar’s terms of use.”

Is CoStar a monopoly?

Morningstar characterized Costar-Loopnet as a “borderline monopoly” and having “no true threats in terms of competition.” Elie Finegold, CBRE, said Costar has “cultivated an adversarial approach to custormers”.

Is CREXi a public company?

CREXi last raised $30 million in equity in a Series B round that closed in summer 2019; it wasn’t publicly announced until early 2020. Founded in 2015, the Los Angeles-based company now has 185 employees and 1.6 million users.

How do I find comparable commercial properties?

Traditionally, commercial real estate comps could be found by scouring through public property records and compiling data to analyze. Reonomy helps identify properties with similar data points to the property of your choice. The only information you really need is the address of the property.

How does CREXi make money?

There’s a subscription service for brokers looking to sell or lease property; an auction service where CREXi will earn a fee upon the close of a transaction; and a data and analytics service that allows users to get a view into the latest trends in commercial real estate based on the vast collection of properties on …

Who can use CompStak enterprise?

CompStak Enterprise is available on a subscription basis exclusively to qualified lenders, landlords, and investors operating in the commercial real estate space. A growing list of top tier banks, private equity funds, owner/operators, REITS, and advisors rely on CompStak Enterprise, including:

Who is the co-founder of CompStak?

Vadim is Co-Founder and CTO of CompStak. He received his BS in Computer Engineering from Columbia University. His technical interests lie in functional programming and data science. Outside of the demanding world of technology and entrepreneurship, he can be found on the mats – rolling with his fellow Brazilian Jiu-Jitsu practitioners.

How many dogs does CompStak have?

If you ask him why he is smiling, he will show you a picture of his two little girls. Launched in 2012, CompStak has grown to over 100 team members and 5 dogs with offices in NYC, LA, Chicago and Atlanta. CompStak has been included in Crain’s Best Places to Work for the past five years.