Cherre to Provide Connected Data Warehouse and Analytics for InTheMarket’s End-to-End Commercial Real Estate Leasing Platform
ITM has launched the first real market for the commercial real estate leasing industry. Its product helps brokers representing tenants communicate with key stakeholders, discover spaces, develop personalized tour books and other work products, plan and manage space tours, and conduct sales negotiations. ‘deals in a digital auction room. ITM integrated the entire rental process in the cloud using its integration with Cherre to seamlessly connect disparate property and building data into a “single source of truth” for nationwide listings.
“Having clean, connected data that can power automated processes is critical to our future success,” said Steven renbaum, CEO of ITM. “The combination of Cherre’s unparalleled master data and analytical capabilities with ITM’s expertise in the real estate industry has enabled us to rapidly create and deploy a truly innovative platform that is poised to revolutionize the commercial real estate sector.
ITM’s suite of custom products removes the “heavy burden” of manual workflows and reduces projects from hours to minutes, dramatically improving efficiency and response times. ITM gives stakeholders the ability to directly engage with each other, schedule appointments, and generate reports and analysis, all in the cloud and at the click of a button.
“ITM is innovating in commercial real estate, helping to remove unnecessary complexity from negotiation processes,” said LD Salmanson, CEO and co-founder of Cherre. “We are proud that Cherre’s platform plays a key role in ITM’s development pipeline, enabling them to release new features faster and rapidly scale its industry-leading offering.
Cherre seamlessly connects all disparate real estate data into a single source of truth, allowing businesses to instantly explore all of their connected data for immediate, actionable insights. Cherre is the world’s largest real estate knowledge graph, and trusted by the industry’s most important stakeholders to deliver critical performance and reliability.
On the market is a brand new, end-to-end rental platform designed to provide tenant representative brokers with an out-of-the-box workflow solution that seamlessly interacts with users on the supply side, making the whole process easier and faster. Brokers representing tenants can search for properties, create work products, negotiate leases and close deals all on one platform. Situated at New York City, InTheMarket was founded by Steven renbaum, a veteran of the new York commercial real estate. Renbaum also previously launched alternative online lending company Loanzy, and in 2002, technology company Critical Mention. Most recently, he was Director and at Summit RE Partners, an independent rental and investment platform he founded in 2012.
Cherre is the leader in real estate data and information. We connect decision makers with accurate property and market information, and help them make faster, smarter decisions. By providing a “single source of truth,” Cherre enables clients to assess opportunities and trends faster and more accurately, while saving millions of dollars in manual data collection and analysis costs. Cherre was launched in 2016 and is located at New York City.
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