Lenders will gain access to both data and workflow products, driving quicker, more efficient origination
NEW YORK, Aug. 5, 2021 /PRNewswire/ — SeeCares and Cherre announced a joint partnership designed to accelerate commercial real estate financing under a rubric of efficient quick workflows and undisputedly reliable data. SeeCares is a platform that uses deep technology to convert underwriting and modeling processes from days or weeks to minutes. Cherre is the industry’s leading real estate data and analytics platform.
Together, both companies will offer commercial real estate lenders, borrowers, and investors the best of both worlds, aggregated in-depth market or property research combined with tools that generate full-tailored origination models and professional property or market reports in minutes. Select users of SeeCares’ platform will be able to access Cherre’s knowledge graph via the company’s powerful GraphQL API directly within the SeeCares tool. Select Cherre clients will be able to leverage SeeCares’ modeling process directly within the Cherre platform.
SeeCares CEO Moshe Yeli explained, “CRE lenders can now experience the quickest and most efficient underwriting experience known to the industry, using SeeCares. With the addition of Cherre’s GraphQL API, users can now access the most accurate information while underwriting loans or opportunities.”
Cherre CEO and co-founder L.D. Salmanson added, “I’ve been fortunate enough to follow SeeCares from the beginning, and am extremely excited to embark on this journey with them. Our mutual customers will now be able to leverage SeeCares’ modeling process directly within Cherre’s platform.”
Cherre seamlessly connects all disparate real estate data into a single source of truth, empowering companies to instantly explore all their connected data for immediate and actionable insight. Based on just a rent roll or a T12, the SeeCares platform generates a robust origination model and digital credit memo/OM, saving stakeholders over 80% of the costs and time involved in underwriting a commercial real estate loan.
About Cherre
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.
Cherre Media Contact
Sean Welch
PAN Communications
[email protected]
About SeeCares
SeeCares is a technology platform rewriting commercial real estate workflows by cutting out grunt work and increasing efficiency. The tool helps lenders and stakeholders underwrite financing more quickly and confidently, by generating in-depth personalized models and reports (credit memos, OMs) instantly, from just an address and any available internal documents. Fueled by advanced technology, SeeCares cuts the time and costs of underwriting and origination by 80%, while creating an additional layer of accuracy across the entire process.
SeeCares Media Contact
Evan Chesir
VP Business Development and Marketing
[email protected]
Recently awarded the prestigious Founder of the Year RETA, L.D. Salmanson, CEO and co-founder of Cherre, is someone who seems known to just about everyone in our industry.
The round, led by HighSage Ventures, includes investment from global real estate leaders Nuveen Real Estate, RXR, and TA Realty
This partnership will enable both companies to further drive consistency of experience for key stakeholders across the data collection value stream.
