Cherre and Trepp Announce Partnership and Integrate Innovative CRE Tax Reporting Data into Real Estate Data Platform


NEW YORK, October 27, 2021 /PRNewswire/ — Cherre, the industry’s leading real estate data and analytics platform, today announced a new data partnership with Trepp, a leading provider of data, insights and technology solutions for property markets. structured finance, commercial real estate and banking. This partnership enables joint customers to seamlessly integrate Trepp’s extensive property-level financial data and analytics into their Cherre warehouse for deeper insights, as well as gain exclusive access to unique income statement data CRE from Trepp via Cherre Lightning Connections.

Data from Trepp’s CRE income statement is integrated into Cherre’s asset management dashboards for joint clients, allowing users to better compare properties and markets within their building strategies and investment. This never-before-seen data can be broken down by state and MSA level, and by various property types, including mixed-use, office, lodging, retail, multifamily, and industrial. Users have visibility into both income data (rental income, potential rent, and other income, such as parking) and expense data (taxes, insurance, operating expenses, etc.).

These metrics give users a complete view of how well or poorly their properties are performing at an aggregate level. Building owners and asset managers targeting new properties can use this data to quickly compare the operational performance of properties and identify opportunities to optimize performance and NOI, resulting in a higher overall return on investment.

“We are thrilled to partner with Cherre to bring this unique dataset to the CRE market,” said Joe McBride, Head of CRE Finance at Trepp. “Leveraging granular information on CRE property income statements allows us to offer underwriting insights, benchmarking and trend analysis at the market and property type level. information into Cherre’s platform further enhances the value it can bring to critical CRE workflows.

“Trepp is the industry standard for transactional intelligence,” said Steve Coutts, head of sales and data partnerships at Cherre. “Partnering with Trepp to seamlessly connect their CRE income statement data will provide joint clients the ability to easily integrate unparalleled property income and expense information into their Cherre platform for further analysis. and faster decision-making.”

Cherre seamlessly connects disparate real estate data into a single source of truth, allowing businesses to instantly explore all of their connected data. Cherre has the world’s largest real estate knowledge graph and enables clients to discover granular insights, automate workflows, and create models and visualizations.

About Trepp
Trepp, founded in 1979, is the leading provider of data, information and technology solutions for the structured finance, commercial real estate and banking markets. Trepp provides primary and secondary market players with the solutions and analytics they need to increase operational efficiency, information transparency and investment performance. From its offices in new York, San Franciscoand London, Trepp offers its clients products and services to support trading, research, risk management, monitoring and portfolio management. Trepp’s subsidiary, Commercial Real Estate Direct, is a daily news source covering the commercial real estate capital markets. Trepp is 100% owned by Daily Mail and General Trust (DMGT).

About Cherre
Cherre is the leader in real estate data and information. We connect decision makers to accurate property and market information, and help them make faster, smarter decisions. By providing a “single source of truth”, Cherre enables clients to assess opportunities and trends faster and more accurately, while saving millions of dollars in manual data collection and analysis costs. Cherre was launched in 2016 and is located in New York City.

CONTACT: Sean WelchPAN Communications, [email protected]


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