Product Overview of Reonomy
Reonomy is a cutting-edge commercial real estate (CRE) data platform that leverages advanced artificial intelligence (AI) and machine learning to provide comprehensive property insights and market trends. Here’s a detailed look at what Reonomy does and its key features.
What Reonomy Does
Reonomy is designed to aggregate and analyze vast amounts of data from multiple sources, including public records, county assessors, secretaries of state, census data, and exclusive partnerships with companies like CoreLogic, BlackKnight, and Dun & Bradstreet. This data aggregation helps solve the problem of fragmented CRE data, enabling investors, brokers, lenders, and other CRE professionals to make informed decisions quickly and confidently.
Key Features and Functionality
AI-Powered Data Analysis
Reonomy’s AI-powered engine processes and organizes large datasets to deliver actionable insights. This technology allows users to extract valuable information from vast amounts of data, helping them identify opportunities, assess risks, and optimize their strategies.
Comprehensive Property Information
The platform provides detailed data on over 54 million commercial properties across the United States. This includes property specifics such as ownership details, transaction history, building characteristics, occupant and tenant data, and mortgage information. Users can access more than 100 data points per property, which is crucial for thorough due diligence and market analysis.
Customized Search Options
Reonomy offers robust search capabilities, allowing users to filter properties by over 200 criteria, including property name, asset type, address, city, form of ownership, debt status, and sales period. Users can also search properties directly on a map using radius and polygon tools to define search areas.
Interactive Mapping Tools
The platform features an intuitive mapping function that enables users to zoom in or out to specific states or regions. This visual tool helps in identifying properties and understanding market trends geographically.
Ownership Data and Portfolio Analysis
Reonomy’s people resolution algorithm can pierce through LLC layers to identify the true owners of properties and connect related entities. This allows users to view all assets owned by a single individual or company, including asset mix, location, debt, and tenant mix of the portfolios.
Market Research and Trend Insights
Users can conduct in-depth market research by analyzing data on property sales, leasing activity, and market trends. This helps in understanding market dynamics and identifying potential investment opportunities.
Data Feeds and APIs
Reonomy integrates with CRM platforms and offers API access, allowing users to integrate the data into their internal systems for real-time updates or receive customized data feeds. This facilitates streamlined data management and enhances the overall user experience.
Lead Generation
By analyzing ownership data and market trends, Reonomy helps users identify potential leads for acquisitions, leasing opportunities, and other real estate transactions. This feature is particularly valuable for brokers and investors looking to expand their portfolios.
Subscription Models and Customer Support
Reonomy offers subscription-based plans tailored to the specific needs of different users in the CRE industry. The platform also provides a 7-day free trial, allowing potential users to test its capabilities. Additionally, Reonomy has a robust customer support network, including training materials and accessible customer service representatives.
In summary, Reonomy is a powerful tool for CRE professionals, offering a comprehensive database, advanced AI-driven analytics, and intuitive search and mapping tools. It is designed to streamline property research, uncover off-market opportunities, and provide valuable market insights, making it an indispensable resource for anyone involved in the commercial real estate ecosystem.