essensys plc | June 19, 2020
essensys, the leading global provider of mission critical software-as-a-service ("SaaS") platforms and on-demand cloud services to the flexible workspace industry, announces the launch of STEP, its Software and Technology Enabled Property solution, designed to equip landlords and property owners with the technology needed to address the growing demand for flexibility. Occupiers' demand for flexible real-estate products is accelerating. Landlords are under increasing pressure to manage this shift as they respond to shorter lease terms, changing occupier behaviors and needs, and niche office space requirements. At the same time they must remain alert to new opportunities to provide additional value to occupiers, using tenant experiences, services and amenities to help differentiate in an increasingly competitive market.
REAL ESTATE TECHNOLOGY
Carrier Global Corporation | September 17, 2021
Carrier Global Corporation the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, has signed an agreement to acquire BrokerBay Inc., a pioneer in the development of an advanced, streamlined and user-friendly real estate management cloud ecosystem. The software's ability to reduce a brokerage's administrative workload, streamline the real estate scheduling and showing experience, as well as standardize electronic lockbox access, will strengthen Carrier's leading access solutions offering within its Fire & Security business.
Supra, part of Fire & Security's Access Solutions business, has been serving the real estate industry for over 60 years, with key mobile credentialing technology deployed across an installed base of 4 million locking devices in multiple industries. Supra is a market leader in supporting real estate showings and enabled 45 million property showings in 2020.
Following closing, which is expected in October, BrokerBay and Supra will provide a one-stop shop for realtors that combines scheduling and mobile lockbox access in an intuitive, user-friendly showing experience to empower agents, reduce workload and provide actionable analytics.
With increasingly high volumes in real estate showings, there is a need for agents to act with speed and efficiency, This acquisition will further ensure they have the best solutions available to succeed.
- Jeffrey Stanek, Managing Director, Global Access Solutions, Carrier Fire & Security.
We're excited to join Carrier as we share a strong commitment to the real estate community, BrokerBay will continue delivering best-in-class solutions and integrations to all real estate agents, including Supra customers. We also look forward to joining forces in revolutionizing digital services that exceed our customers' expectations.
- Costa Ntoukas, CEO, BrokerBay.
The acquisition aligns with Carrier's stated business development approach of strategic acquisitions in digital and aftermarket that will drive recurring revenue for the company.
The terms of the transaction were not disclosed.
As the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, Carrier Global Corporation is committed to making the world safer, sustainable and more comfortable for generations to come. From the beginning, we've led in inventing new technologies and entirely new industries. Today, we continue to lead because we have a world-class, diverse workforce that puts the customer at the center of everything we do.
REAL ESTATE TECHNOLOGY
Cherre | July 23, 2021
Cherre, the leading real estate data management, and analytics platform, announced a new collaboration with HazardHub, a leading provider of comprehensive property risk data, that will enable mutual customers to connect HazardHub's property-level hazard risk data with their other core real estate data sets for more strategic risk analysis, planning, and underwriting decisions.
HazardHub transforms massive amounts of geospatial digital data into simplified risk assessments, allowing stakeholders to make more informed decisions. Perils from the air (wind, hail, tornado, lightning), water (flood, coastal storm surge), earth (earthquake, brownfield, Superfund), and fire are all covered under the company's comprehensive, national coverage for hazards that destroy and damage property (wildfire and fire protection). In addition, mutual clients will be able to integrate HazardHub's more than 100 billion data points on property risk into their centralized data warehouse due to the collaboration with Cherre.
Cherre integrates disparate real estate data into a single source of truth, enabling the company to instantly explore their linked data for fast and actionable insight. Cherre offers the world's largest real estate knowledge graph, allowing clients to discover granular insights, automate workflows, and create models and visualizations.
HazardHub is your property risk insurance policy.
Man-Made. Air. Fire. Water. Earth. HazardHub is the third-generation provider of property-level hazard risk databases in the United States, covering the most dangerous perils. HazardHub converts massive amounts of geospatial digital data into simple answers, providing risk scorecards that can be utilized to make real-world decisions. Our scientific team provides comprehensive and innovative national coverage for risks that destroy or damage property. HazardHub is quickly becoming the industry's go-to provider for property and risk data, with over 30,000,000 results provided to the market.
Cherre is the market leader in real estate data and analysis. We provide accurate property and market information to decision-makers, allowing them to make faster and more informed decisions. Cherre enables clients to evaluate opportunities and trends faster and more accurately by offering a unique "single source of truth" while saving millions of dollars in manual data gathering and analytics costs. Cherre was founded in 2016 and is headquartered in New York City.