REAL ESTATE TECHNOLOGY,REAL ESTATE INVESTMENT
Oxylabs | November 25, 2022
Oxylabs, the leading premium proxy and public web data acquisition solution provider, has launched its Real Estate Scraper API, enabling automated data acquisition from a large variety of real estate websites.
The real estate industry has begun using web scraping significantly, enabling companies to extract valuable non-traditional data. For instance, most real estate ads exist online and web scraping is the primary technology allowing the collection of such intelligence, which, once analyzed, allows betting on data-backed decisions.
In addition, such features as proximity and dispersion of points of interest have been shown to have strong predictive power for property value. While these data points are extremely valuable, getting a constant and reliable stream is challenging, which has created a rising interest in real estate external data providers.
"Within the realm of data and information, scraping provides virtually limitless opportunities to businesses and individuals alike. Our internal research revealed that real estate web scraping has been growing significantly, with our sales teams noticing a sharp rise in client inquiries. Businesses use automated data acquisition to drive revenue and, at the same time, improve the livelihood of consumers through use cases such as creating data aggregators."
- Nedas Višniauskas, Commercial Product Owner at Oxylabs
Oxylabs stands at the forefront of automated public web data gathering, holding numerous patents for technologies associated with the field. Expansion into real estate data scraping is another step toward reaffirming the company's commitment to innovation in the industry.
While Oxylabs has always provided infrastructure for scraping real estate data, it previously necessitated the usage of in-house scrapers. With the newest release, Oxylabs will make real estate data scraping accessible and cost effective to businesses of all sizes.
Established in 2015, Oxylabs is a premium proxy and public web data acquisition solution provider, enabling companies of all sizes to utilize the power of big data. Constant innovation, a large patent portfolio, and a focus on ethics have allowed Oxylabs to become a global leader in the data acquisition industry and forge close ties with dozens of Fortune Global 500 companies. In 2022, Oxylabs was named the fastest-growing public data gathering solutions company in Europe in the Financial Times' FT 1000 list.
BROKERAGE,REAL ESTATE TECHNOLOGY
Side | January 05, 2023
INFINITAS Realty recently announced a collaboration with Side, the only provider of real estate technology that works with top-performing brokers, teams, and agents to help them become market-leading boutique brands. Through this agreement, INFINITAS Realty will be able to offer its future-proof services on the market's most cutting-edge platform.
INFINITAS Realty is challenging the entire real estate sector to advance in order to reach its high standards. The team provides seamless client experiences that are complemented by its transaction coordination software, called Property Wand, and private services in staging, design, and landscaping. The company achieves this by striking a balance between a traditional work ethic and advanced technological innovations.
With the help of Side, INFINITAS Realty will be able to keep up with the ever-changing real estate industry and continue to provide excellent service to its customers. The San Francisco-based company Side provides INFINITAS Realty with a comprehensive brokerage platform that includes proprietary technology, transaction management, branding and marketing services, public relations, legal support, lead generation, vendor management, infrastructure solutions, and more. In addition, INFINITAS Realty will become part of a select group of Side partners, expanding their access to global business infrastructure.
INFINITAS Realty said that it is excited to raise the bar in the real estate industry and make changes that are much needed. It went on to say that with Side's cutting-edge marketing, technological, administrative, and legal services, the company can take its disruptive approach to new heights and assist more clients in actualizing their dreams.
Side is the first real estate brokerage platform on the market. It lets the best agents, teams, and independent brokers build and grow their businesses without managing a brokerage, which can be challenging, expensive, and risky. In contrast to consumer-facing brokerage companies, Side provides its partners with time-saving technology and superior support services so that they can focus on what is more critical, i.e., servicing their clients and communities.
REAL ESTATE INVESTMENT
CIP Real Estate LLC | November 17, 2022
CIP Real Estate has acquired Kennesaw Mountain Business Park, an industrial property in the north Atlanta metro area, for $22.6 million. The 10-acre parcel features two buildings totaling 144,130 square feet.
The business park comprises 18 shallow bay industrial units ranging in size from 3,920 to 18,000 square feet, and the majority of the suites are between 6,000 and 12,000 square feet. The project is currently over 96% occupied.
Due to strong demand and limited supply of small and mid-bay industrial units in the upscale Marietta area, a suburb of Atlanta, CIP expects significant rental increases in the next five years, which will be supported by upgrades to the facility, including improvements to the parking lot and landscaping, along with painting and HVAC upgrades.
“We’re seeing unprecedented industrial demand in the Atlanta metro area, driving low inventory and supporting higher rental rates, Kennesaw Mountain Business Park is a strategic addition to our Atlanta metro portfolio, in a highly desirable location with premier accessibility and demographics.”
-Eric Smyth, CEO of CIP
The Kennesaw project is the newest acquisition in CIP’s growing Atlanta metro portfolio. Just 17 miles away, in Alpharetta, is Mansell Commons, a 223,000-square-foot industrial and flex project. CIP invested nearly $750,000 in capital improvements on Mansell Commons this year. To the east, additional CIP assets include Gwinnett Commons, Brook Hollow Center, Pleasantdale Industrial Park and Perimeter Place Business Park.
CIP’s purchase of Kennesaw Mountain Business Park was funded with $14.69 million in takeback financing from the seller.
About CIP Real Estate LLC
CIP Real Estate LLC is a full-service real estate investment company focused on the acquisition, repositioning, re-branding, and management of industrial assets throughout West Coast, Southeast, and Texas markets. Founded in 1995 and based in Irvine, CA, the company owns and manages approximately 9.5 million square feet of quality properties, with offices in Ontario (CA), Riverside (CA), Hayward (CA), Las Vegas, Charlotte, Atlanta and Dallas.