Product Overview of CompStak
CompStak is a comprehensive commercial real estate (CRE) data and analytics platform designed to provide detailed lease and sale transaction information, enabling users to make informed decisions in the CRE market.
What CompStak Does
CompStak specializes in gathering and sharing extensive data on commercial properties through a crowdsourced model. This approach involves a network of over 30,000 commercial real estate professionals who contribute data in exchange for access to the platform, ensuring the information is up-to-date and accurate. The platform serves a wide range of users, including CRE brokers, appraisers, investors, asset managers, lenders, and CMBS professionals.
Key Features and Functionality
Data and Analytics
- Lease Comps: Provides detailed information on commercial lease transactions, including rental rates, lease terms, concessions, and tenant information.
- Sales Comps: Offers data on commercial property sales, including sale prices, cap rates, buyer and seller details, and property specifics.
- Property Information: Includes comprehensive data on property characteristics, ownership, and historical transactions.
Market Insights and Analytics Tools
- Market Dashboard: Illustrates a global picture of market conditions with real-time capacity to identify emergent trends.
- Map Analytics: Generates map-based market insights, allowing users to customize data visualizations such as heat maps and time-lapse analyses for market rent, lease expiration, and other data points.
- Chart Builder: Enables in-depth analysis of specific data sets, allowing users to uncover trends using granular data filters and previously saved searches.
Customization and Reporting
- Custom Reports: Users can generate tailored reports based on their specific needs, utilizing extensive filters to analyze various market metrics.
- Data Export: Allows users to export data for further analysis or integration into other systems.
Additional Features
- Interactive Maps: Provides intuitive visualizations of the geography of commercial real estate.
- Property Search: Facilitates detailed searches for properties, including lease expiration data, building classifications, and transaction history.
- Tenant Information: Offers insights into tenant details, helping users assess default risk and understand tenant dynamics.
- Rent Roll Analysis: Enables users to analyze rent rolls to better understand property performance.
- Submarket Analysis: Allows for detailed analysis of submarkets to assess supply and demand dynamics.
- Custom Alerts: Users can set up alerts for market trends, lease expirations, and other critical events.
Integration and Accessibility
CompStak has integrated with Realtors Property Resource® (RPR®), providing NAR’s commercial members with access to CompStak Exchange, an analyst-reviewed comp data and analytics platform. This integration offers exclusive promotional credits and streamlined access to timely comps in respective markets.
In summary, CompStak is a powerful tool for CRE professionals, offering a robust suite of analytics, detailed transaction data, and customizable reporting features, all designed to enhance transparency, efficiency, and informed decision-making in the commercial real estate market.