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© 2023 Observer Media · Terms · Privacy

Presented By: Reonomy

How Reonomy’s Data Network Lifts the Veil on LLCs

Using private and public data partners, Reonomy unlocks true property owners for brokers and beyond.

By Reonomy July 22, 2019 8:37 am
reprints
Using private and public data partners, Reonomy unlocks true property owners for brokers and beyond. Shannon Rooney


If you work in commercial real estate, you’re no stranger to the struggles that come with tracking down accurate property ownership information. Finding an owner’s name beyond an LLC is difficult in itself. Layer on the hunt for valid, up-to-date contact details and the entire process is nothing short of a headache.

The fact of the matter is that accessing ownership details is an industry necessity. Regardless of role or background, modern CRE professionals need to be able to find and harness these insights because they’re the keys to unlocking lucrative new deals in less time.

SEE ALSO: Enteligent Raises $7 Million Seed Round for Solar-to-EV Charging Technology

This is the dilemma we’ve deciphered at Reonomy, and it’s why we leverage public and private data sources to give you the tools to find decision-makers and win more business.

Backed by a network of premier CRE data vendors, as well as cutting-edge machine learning and artificial intelligence, we’re leading the charge in available ownership information, empowering brokers to go past elusive LLCs straight to property owners—a pivotal step in closing more business.

A Premier Data Network

Our underlying technology is what allows us to collect, fuse and unlock best-in-class ownership insights on more than 50 million properties across the nation. Through our public and private data partnerships with vendors like Dun & Bradstreet and CoreLogic, we’re equipped to aggregate more CRE information than ever before and match it all to its associated commercial properties.

How do we collect this data? It begins with public records from county datasets, like the local Secretary of State, which allow us to access foundational insights. What public intel we’re actually able to access varies between each and every jurisdiction, but these public findings ultimately serve as the bedrock of our platform, allowing us to harness details ranging from asset type through business classifications.

More granular, elusive information, like sales and debt records, owner names and contact details, is what we’re able to source from private partners like Dun & Bradstreet and CoreLogic. Then, we stitch together the massive amount of information we collect (regardless of the original source) through our machine learning technology and map it back to its respective property. When standardized through our algorithms and technologies, we’re capable of serving up the most holistic insights to you, especially on the ownership front.

The result is the market’s largest CRE data platform that provides brokers and other CRE deal-makers with a 360-degree view of a property to empower strategic outreach and decision-making.

reonomy co image 1 How Reonomys Data Network Lifts the Veil on LLCs
Reonomy pierces LLCs to uncover true owners and corresponding contact information for outreach.

Best-In-Class Ownership Insights

 Commercial real estate is a handshake business, and our platform fuels faster negotiation and deal-making directly with owners. With Reonomy, you’re able to “pierce” the LLC to uncover true owner names and contact information so that brokers and other professionals can circumvent frustrating gatekeepers and go straight to decision-makers in their outreach.

You can also unlock total portfolio details. By clicking on a true owner name, Reonomy will automatically serve up each and every other property that an owner is associated with, providing you with a comprehensive view of their transaction history.

1200 x 627 3b 1.2 How Reonomys Data Network Lifts the Veil on LLCs
Avison Young’s James Nelson, principal and head of investment sales.

So, maybe you’re a New York City-based industrial broker who has just found a warehouse in Long Island City that’s primed to sell in the near future, and so you want to pursue. Rather than going back and forth between public databases like ACRIS and The Offices of the City Register to find ownership details, you can leverage Reonomy to find the owning entity in a few simple clicks.

If the asset is owned by an LLC, which it likely is, the available ownership information doesn’t just stop there. With Reonomy, you can unlock the warehouse’s true owner, along with all associated contact information, arming you with the insights needed to reach out directly. With unprecedented access into ownership information, as well as property and transactional details, you have everything you need to connect with owners and start the deal-making process.

Access to accurate, updated contact information is essential for successful CRE deal-making. Our data partnerships and technology are transforming the way this information is found, propelling brokers and other professionals past elusive LLCs, and straight to the owners who matter.

Start finding true owners faster. Try Reonomy for free.

ACRIS, Avison Young, commercial real estate, CoreLogic, data platform, Dun & Bradstreet, James Nelson, Long Island City, New york city, property owners, Reonomy, Sponsored, sponsored-link, Technology, The Offices of the City Register
 
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