MARKET OUTLOOK, REAL ESTATE INVESTMENT
Businesswire | May 18, 2023
Cherre, the leading real estate data integration and insights platform, today announced its new Data Submissions Portal, a product that automates and streamlines data collection and reporting. Building on Cherre’s ability to connect all client data from internal systems and third-party data vendors, the Cherre Data Submissions Portal allows customers to easily collect data from their service providers and partners (including property managers, fund administrators, and joint venture partners) and use it to power faster and smarter reporting – while retaining complete control of the process.
The Cherre Data Submissions Portal solves the common challenges that investment managers and fund administrators face when collecting data from their service providers and partners. These challenges include manual mapping, validation, review, and approval; inconsistent data formats; incomplete or inaccurate data; delayed or missing reports; and a lack of transparency into submission status across providers within a cycle. The Cherre Data Submissions Portal automates and simplifies the entire data collection and reporting process, enabling customers to:
Choose from Cherre’s prebuilt library of financial, operational, and ESG submission templates, or to customize their own.
Manage master data mappings, including easily adding or editing the chart of account mappings.
Invite service providers and partners to submit data through a secure and user-friendly interface.
Validate and standardize data using Cherre’s robust library of validation rules.
Manage and track submissions through a configurable review, commentary, and approval workflow.
Review and approve data with one click, then access it in real time using Cherre’s asset management dashboards or export it to a downstream data warehouse or financial application.
“The Cherre Data Submissions Portal gives our customers unprecedented flexibility, control, and transparency over their submission cycles,” said Yuri Andersen, Senior Product Manager at Cherre. “Investment and fund managers can now easily collect and validate data from their providers in a scalable and secure way. This solution allows them to save time and money on data management, ensure accuracy and timeliness, and focus less on data wrangling and more on reporting and decision making on their assets.”
The Cherre Data Submissions Portal helps investment managers and fund administrators improve their data quality, efficiency, and transparency. By using the Cherre Data Submissions Portal, customers can:
Reduce manual data collection and reporting costs.
Increase data accuracy and completeness.
Accelerate reporting cycles.
Quickly onboard new third-party service providers and partners.
Monitor and assess the performance of their service providers and partners.
Enhance data-driven decision making and performance optimization across their portfolio.
“With the Cherre Data Submissions Portal, we have solved a long-standing problem for investment managers and fund administrators,” said L.D. Salmanson, CEO and Co-Founder of Cherre. “Unlike manual, outsourced, or subpar solutions, our portal offers a comprehensive and seamless way to collect, validate, approve, and access data from any source, providing our clients with a full and holistic solution for all their data needs.”
Thanks to the unprecedented flexibility of the portal and Cherre’s data engine, customers can ingest and map any type of real estate data including financial, operational, tenant experience, ESG, and endless other topics.
Cherre is the leader in real estate data and insight. We connect decision makers to accurate property and market information, and help them make faster, smarter decisions. By providing a unique “single source of truth,” Cherre empowers customers to evaluate opportunities and trends faster and more accurately, while saving millions of dollars in manual data collection and analytics costs. Cherre launched in 2016 and is located in New York City.
REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT
Businesswire | May 30, 2023
Rubicon Technologies, Inc. (“Rubicon” or the “Company”) (NYSE: RBT), a leading digital marketplace for waste and recycling and provider of innovative software-based products for businesses and governments worldwide, today announced that it has entered into an agreement with GoldOller Real Estate Investments (“GoldOller”), a seasoned real estate investment and management firm, to provide scalable waste and recycling services.
GoldOller finds unique investment opportunities in markets and product classes often passed over by more traditional institutional investors. In this three-year agreement, Rubicon will provide waste and single-stream recycling services to GoldOller across 17 multifamily locations in the United States. With a growing portfolio of owned and managed multifamily assets totaling more than 40,000 units, GoldOller’s properties extend from New York to Florida, and all the way across to Texas. The three founding members of GoldOller have a combined 70 plus years of experience in real estate investment, management, and development.
Rubicon will bring its market-leading RUBICONConnect™ product, and the power and scope of its network of more than 8,000 hauler and vendor partners, to bear in providing scalable waste, recycling, and sustainability solutions to GoldOller in support of its environmental and business goals.
“Rubicon is proud to support GoldOller’s forward-thinking approach to real estate investment with our industry-leading waste, recycling, and sustainability solutions,” said Tom Owston, Chief Commercial Officer at Rubicon. “By providing scalable waste and recycling services through our digital platform, we’re supporting GoldOller in its efforts to reduce its environmental impact while delivering value to its stakeholders.”
“We are excited to partner with Rubicon to help us achieve our environmental and business goals while also improving the quality of life for our residents,” said Sarah Campion, VP of Asset Management at GoldOller. “We believe that the use of Rubicon’s technology will help us make a measurable difference in the communities where we operate.”
For more information on how Rubicon is deploying its market-leading technology products to equip businesses, local governments, and haulers with the tools and software they need to improve operations, meet sustainability goals, and (ultimately) end waste, visit the enterprises, governments, and haulers pages on Rubicon’s website.
Rubicon Technologies, Inc. (NYSE: RBT) is a digital marketplace for waste and recycling, and provider of innovative software-based products for businesses and governments worldwide. Striving to create a new industry standard by using technology to drive environmental innovation, the company helps turn businesses into more sustainable enterprises, and neighborhoods into greener and smarter places to live and work. Rubicon’s mission is to end waste. It helps its partners find economic value in their waste streams and confidently execute on their sustainability goals. To learn more, visit rubicon.com.
AboutGoldOller Real Estate Investments
With a growing portfolio of owned and managed multifamily assets totaling more than 40,000 units, GoldOller “Nation” now extends from New York to Florida and all the way across to Texas. Richard Oller and Jeffrey Goldstein joined forces in 2004 sharing the helm at Multifamily Management Services and affiliates (MMS) and together with founding member Jake Hollinger created GoldOller Real Estate Investments in 2009. With a combined 70-plus years of experience in real estate investment, management, and development – projects include market rate and affordable apartments, condominiums, office, hotel, retail, and single-family development. Led by Richard, Jeffrey, Jake, and the addition of VP of Operations Jill Hinton – GoldOller Real Estate Investments is an innovative owner/operator and an emerging leader in the multifamily real estate industry. And while our expertise is increasing value, our business is helping you achieve your investment objectives, reach your career potential or experience comfortable living.
REAL ESTATE TECHNOLOGY, MORTGAGE AND LENDING
Businesswire | March 31, 2023
Accelerate Investment Partners and CBRE Investment Management (CBRE IM) have launched Accelerate Infrastructure Opportunities, a new strategy to invest in digital and renewable real property interests across North America.
Accelerate’s infrastructure strategy acquires, owns and manages investments in ground leases and land under critical infrastructure assets that generate long-term, sustainable cash flow, such as cellular infrastructure, billboards and renewable assets, including wind, solar, storage and EV charging projects.
“We are excited to have a strong, supportive partner in CBRE IM to help fund our company’s growth,” said Brennan Potts, founder and CEO of Accelerate. “Our ability to invest through the development and operations of an infrastructure project, with committed and long-term capital from a partner who shares our values, places us in a leading position within the industry to better serve our customers.”
Accelerate focuses on developing mutually beneficial, long-term relationships with property owners, tenants, developers, operators and brokers. Accelerate believes its collaborative approach and creative capital solutions can provide value to its partners, while also delivering differentiated risk-adjusted returns for investors.
“Accelerate’s long-term partnership focus on acquiring real property interests under renewable and digital infrastructure projects provides an innovative way to deploy capital in the infrastructure 2.0 assets that we believe will thrive in the new digital, green economy,” said Robert Shaw, managing director, private infrastructure at CBRE IM. “Accelerate has a proven track record of helping property owners, developers and operators maximize the value of their properties or projects with agility, speed and certainty of closing, which makes them an excellent partner.”
In addition to Mr. Potts, Accelerate’s management team leading the strategy includes industry veterans Brandon O’Gara (managing partner and chief financial officer), Graeme Kavanagh (partner and chief revenue officer), Josh Castillo (partner and chief investment officer, infrastructure) and Brenda Hurst (partner and chief operating officer).
About Accelerate Investment Partners
Accelerate acquires, owns and manages real property investments under energy and infrastructure locations that provide long-term, sustainable cash flow. Founded in 2016 and headquartered in Plano, Texas, Accelerate manages more than 1,200 real property interests across the United States with $500 million in combined assets and capital commitments. The company’s mission is to deliver impactful value for investors, property owners and tenants through a values-based approach to investments that support a secure and sustainable future.
About CBRE Investment Management
CBRE Investment Management is a leading global real assets investment management firm with $149.3 billion in assets under management* as of December 31, 2022, operating in more than 30 offices and 20 countries around the world. Through its investor-operator culture, the firm seeks to deliver sustainable investment solutions across real assets categories, geographies, risk profiles and execution formats so that its clients, people and communities thrive.
CBRE Investment Management is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE), the world’s largest commercial real estate services and investment firm (based on 2022 revenue). CBRE has approximately 115,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE Investment Management harnesses CBRE’s data and market insights, investment sourcing and other resources for the benefit of its clients. For more information, please visit www.cbreim.com.