Viewpoints

Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell Banker Commercial brand.

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Jul 18, 2023

Coldwell Banker Commercial and CompStak Form Strategic Partnership to Empower Brokers with Comprehensive Commercial Real Estate Data

Madison, N.J. (July 18, 2023) - Coldwell Banker Commercial®, a renowned name in the commercial real estate industry and Anywhere brand (NYSE: HOUS) is pleased to announce its strategic partnership with CompStak, the leading provider of commercial real estate lease and sales comp data. This collaboration brings together two powerhouses in the field, aiming to enable brokers to access accurate, reliable, and up-to-date CRE data. As brokers navigate the dynamic landscape of commercial real estate, having access to granular and vetted data is essential for making informed decisions and driving successful transactions. The partnership between Coldwell Banker Commercial and CompStak aims to address this critical need by leveraging the strengths of both companies' wide-sweeping networks of CRE professionals across the US. CompStak has established itself as a leading provider of CRE data, amassing a vast and diverse database of crowd-sourced commercial property information. Their proprietary technology and robust platform aggregate and authenticate data from a large network of 35,000+ professionals at brokerages and appraisal firms, ensuring accuracy and completeness. With millions of data points on lease comparables, sales comparables, and property information, CompStak has become an indispensable resource for brokers seeking reliable insights. Coldwell Banker Commercial, a highly respected brand with a rich history in the commercial real estate industry, brings its extensive network of brokers and market expertise to the partnership. With a presence across the United States and internationally, Coldwell Banker Commercial is well-positioned to leverage CompStak's data to benefit its brokers and clients. Through this partnership, brokers affiliated with the Coldwell Banker Commercial brand will gain access to CompStak's comprehensive data platform, giving them a competitive edge in the marketplace. Brokerage professionals can now access rental rates, terms, concessions, property details, and other essential data points quickly and conveniently, enabling them to make data-driven decisions and deliver exceptional value to their clients. "We are thrilled to partner with Coldwell Banker Commercial," said Michael Mandel, Co-Founder & CEO of CompStak. "We've had a longstanding friendship with CBC's leadership and its brokers throughout the country who have found tremendous value in our data and analytics platform for years. We're very excited to formalize that relationship and build for the future." "We are excited to join forces with CompStak," said Dan Spiegel, SVP and Managing Director of Coldwell Banker Commercial. "Their dedication to data accuracy and innovation aligns perfectly with our commitment to delivering exceptional service to our brokers and clients. By providing our brokers with access to CompStak's platform, we are further enhancing our ability to meet the evolving needs of the commercial real estate market." This partnership reflects the shared commitment of CompStak and Coldwell Banker Commercial to provide brokers with the resources necessary to thrive in an increasingly data-driven industry. Equipping brokers with accurate and quality data can enhance their market expertise, build stronger relationships with clients, close deals quicker and more efficiently, and thrive in today's ever-changing marketplace.  About CompStakCompStak is the leading platform for reliable and accurate CRE lease and sales comp data. Our data is crowdsourced from a large network of 35,000+ professionals at brokerages and appraisal firms and then rigorously verified by our team of real estate data experts. We are trusted by real estate investors, lenders, asset managers, brokers, and appraisers who rely on our data to drive their business forward.  About Coldwell Banker CommercialThe Coldwell Banker Commercial® brand provides commercial real estate solutions serving the needs of owners and occupiers in the leasing, acquisition and disposition of all property types. With a collaborative network of independently owned and operated affiliates, the Coldwell Banker Commercial system comprises almost 200 offices and more than 3,000 affiliated professionals throughout the U.S. and internationally. For additional information, visit www.cbcworldwide.com.

Jun 21, 2022

Real Estate is Taking Over the Metaverse: What to Know Before Investing

Early speculators, investors from all over the world, real estate agents, and celebrities are buying land that doesn’t physically exist in the real world. They are investing in metaverse real estate, a concept that is hard to wrap our minds around.

Apr 5, 2022

CBC Chatter: FinTech and CRE

On March 31st, 2022, Coldwell Banker Commercial hosted its third CBC Chatter, a virtual quarterly series hosted by Senior Vice President and Managing Director Daniel Spiegel to discuss hot topics in the world of commercial real estate. This event focused on FinTech and how the rising industry is changing how everyone in CRE – owners, brokers, buyers – are being affecting by the shift.

Nov 2, 2021

Artificial Intelligence in Real Estate

Artificial intelligence is a complex topic. There is both fear and excitement surrounding AI, but there is no denying that it is significantly impacting the real estate industry. As defined by Forbes, artificial intelligence is a form of computer science that uses computers to emulate intelligent human behavior at a far more rapid speed than what we as humans are capable of. You can use these technologies to analyze data in ways you simply wouldn’t be able to do on your own. In this article, we will discuss how AI is being used in the real estate industry and how investors can benefit from adding AI to their real estate business.

Aug 24, 2021

Cryptocurrency: What you Need to Know & How it’s Impacting Commerical Real Estate

Cryptocurrency is a hot topic amongst investors, entrepreneurs, and essentially anyone involved in technology, business, and/or finance. The use of cryptocurrency is expected to spread into the real estate sector in the coming years. The rise of this digital payment isn’t surprising, given the number of companies that now accept it for goods and services. In fact, legendary entrepreneur Mark Cuban made headlines when he announced that dogecoin, a popular form of cryptocurrency, can be used to pay for tickets and merchandise online for supporters of the Dallas Mavericks, the NBA team that he owns.

May 24, 2021

CBC Unveils Commercial University, Innovative Learning Application

In what is considered the first of its kind, Coldwell Banker Commercial (CBC) unveiled Commercial University®, a brand-new learning application. The innovative resource was created specifically for Coldwell Banker Commercial network professionals. CBC’s collaborative network of independently owned and operated affiliates comprises nearly 200 companies.

Sep 29, 2020

Smart Apartment Technology is Here to Stay: Here's Why

If you’ve spent any time in the real estate industry at all, you’ve likely heard all about smart technology and how it is being incorporated into today’s multifamily housing. From smart locks and smart lockers to smart lights and smart speakers, today’s smart home technologies seem endless — and they’re improving the rental experience for both tenants and property managers. But how? 

Sep 22, 2020

Understanding Big Data in the Real Estate Space

You’ve probably heard the term “big data” — after all, it is one of the biggest buzz words these days, and for good reason. Big data is everywhere and is having a huge impact on nearly every industry, including commercial real estate. And soon enough, if commercial real estate professionals aren’t using big data in their business, they’ll get left behind their competition. But before you get started, how much do you really know about big data in the real estate space? 

Sep 15, 2020

3 Considerations to Make Before Jumping Into the Cloud

If you spend any time at all talking about networking technology, it’s nearly impossible to avoid talking or hearing about the cloud. But how much do you really know about the cloud? Have you implemented cloud technology into your business model yet? Don’t worry, if your business hasn’t made the jump to cloud-based technology, you’re not alone. If you’ve been thinking about moving to the cloud, here are # things that you should consider before making the switch. 

Jul 21, 2020

5 Ways Brokers Can Help Agents Transition Their Businesses Online

As the COVID-19 outbreak continues to change our daily lives, it is crucial to keep yourself equipped with tools and strategies to help keep your business moving forward. As the impact of the pandemic continues to intensify globally, it is important that teams are managed well and that there is effective communication during these challenging times. Maintaining levels of productivity, collaboration, and learning among teams is important to keep business going as usual. 

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