This partnership will enable both companies to further drive consistency of experience for key stakeholders across the data collection value stream.

New York, September 16, 2024 – Cherre, a leading real estate data management and intelligence platform, today announced it is expanding their strategic partnership with Nuveen Real Estate, one of the largest real estate investment managers in the world with $147 billion in assets under management. By deepening the partnership between Cherre and Nuveen, both companies will be able to unlock further innovations that create a consistency of experience supported by readily available, trusted data across global real estate portfolios.

Over the past year, Cherre has partnered with Nuveen Real Estate to systemize data collection, automate workflows across providers and calendars, and streamline processes all while reducing cycle times to mitigate data errors, ultimately leading to significantly decreased manual processing to generate reporting. Under the expanded partnership scope, Cherre and Nuveen will explore additional ways to further increase visibility and establish process intelligence into data collection workflows, while also identifying opportunities to increase data quality and establish data lineage for reporting.

“We have evaluated and tested different data submission point solutions in the market, but they all were missing something. Partnering with Cherre to develop new data collection and connection capabilities gave us the opportunity to ensure new features met the requirements of a global investment leader like Nuveen,” said Andrew McLennan, Managing Director and Global Head Technology, Real Assets and Alternatives Products at Nuveen.

In addition to the technology partnership between the two companies, Nuveen is making an investment in Cherre. Jeanne Casey, Nuveen Real Estate’s Global Head of Innovation & Proptech said, “This investment demonstrates our conviction that Cherre offers a best-in-class data platform that provides the real estate industry with the tools necessary for developing data strategies that unlock key differentiators in a highly competitive environment. Nuveen is committed to investing in and leveraging the power of our data to inform decision-making across our business.”

Partnering to solve a common problem across the real estate industry enabled Cherre to leverage Nuveen’s broad depth of experience and insight to ensure its solution solved data collection problems across global portfolios, diverse use cases, and all asset classes.

Margaret Guelzow, Head of Client Experience at Cherre and industry veteran with over 20+ years of experience working with complex organizations and technologies said, “Collaborating with preeminent real estate partners like Nuveen gave Cherre an opportunity to iterate with a forward-thinking partner that understands the unique challenges with managing large amounts of siloed real estate data. By leveraging Nuveen’s expertise and insights, we were able to accelerate development on new features that empower global investment managers to operate more efficiently while also improving data quality throughout the data collection and connection process. We look forward to innovating through additional use cases and geographies under our expanded partnership.”

About Cherre

Cherre is the real estate industry’s leading data management and intelligence platform. Cherre gives clients direct control over moving and managing their data, while providing the visibility, observability, and validation tools needed to improve data quality, support governance strategies, and establish data lineage for the changing regulatory environment. With Cherre, clients can automate workflows, optimize processes, maximize efficiencies, reduce risks, and identify opportunities to increase profitability by making smarter decisions with confidence. Cherre partners with the largest data providers, applications, and solution and service providers in the industry, creating a full ecosystem that supports clients across all their data needs. Cherre launched in 2016 and is located in New York City.

Cherre Media Contact: Kira Swain, Head of Corporate Marketing, [email protected]

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