Over one-third of commercial real estate, brokers use Buildout, a company that developed the largest deal-making platform for commercial real estate (CRE), recently acquired ProspectNow, a provider of AI-enhanced property and owner information. Buildout will integrate ProspectNow into its solutions as part of this acquisition.
Kirk Ziehm, CEO of Buildout, said, “The ProspectNow team has built an impressive, machine-learning enabled property and owner intelligence operation. By combining our companies, we’re taking a big step toward realizing our shared mission of enabling CRE professionals to be more productive and successful by connecting all stakeholders with a platform that drives CRE prospecting and dealmaking.”
With over 155 million properties and 18 million businesses, ProspectNow’s database provides users with contact information for any property owner. In addition, users have the ability to view properties predicted to sell or refinance within the next year.
Steve Wayne, CEO, and founder of ProspectNow said, “Our vision has always been to pipe the highest quality data and intelligence directly into the prospecting and dealmaking solutions brokers use. We’re excited to partner with the Buildout team who shares our passion for empowering CRE professionals to be more productive and successful.”
Buildout powers research, prospecting, marketing, matchmaking, transaction management, and close-out via an integrated, full-lifecycle deal management platform.