Partnership aims to provide better real estate data

Two providers of real estate data have announced a strategic partnership which aims to provide better information to the commercial real estate industry

Partnership aims to provide better real estate data
Two providers of real estate data have announced a strategic partnership which aims to provide better information to the commercial real estate industry.

CompStak will work with Moody’s Analytics to improve its crowdsourced commercial lease data offering, and the two firms will also collaborate on the development of new products and technologies designed to serve the needs of commercial real estate finance and risk professionals.

"We're excited to leverage CompStak's granular lease data with the world class economic data and industry forecasting from Moody's Analytics," Michael Mandel, CEO and co-founder of CompStak, said. "Together, we can bring new products to the market that provide unprecedented insight into commercial real estate investment, lending, and risk."

Moody’s Analytics says that the partnership will enable it to improve its own CRE offer and the firm has made an investment in CompStak as part of the deal.

"It's a privilege to have Moody's as an investor in CompStak. This strategic investment is symbolic of our shared commitment to make this partnership a success," Mandel said.