Cadre chooses Foursquare to boost commercial real estate investment innovation

March 4, 2020
Share this Post: 

Cadre invests in location check-in social media platform, Foursquare's Places Solution as an alternative database to make more informed commercial real estate investment decisions.

By now we all know that when it comes to commercial real estate (CRE), the industry has developed a reputation for being slow to adopt new and emerging technologies. Yet despite the slow start, some real estate industry players are disrupting the space by developing new technology to improve business models and open up new opportunities. As articulated in PWC’s 2019 Report, the key word for real estate’s future performance is transformation, especially in the deployment of technologies that can help identify investment opportunities or enhance the risk/return profile.

This is just one of the reasons why Cadre, a technology-enabled real estate investment platform, turned to Foursquare to integrate deeper, location-based insights across its platform, helping its investors stay ahead of the market. Cadre is changing the landscape, both literally and figuratively.

Foursquare’s rich venue database comprised of tens of millions of real world, commercial places, offers investors highly relevant and up-to-date information about a geography. This includes granular venue categorization, foot traffic popularity scores and visit feeds, as well as visibility into top rated nearby attractions, making it easier than ever before to understand and quantify the vitality of a neighborhood. This information helps real estate investors and developers recognize patterns to better understand the demographics of existing neighborhoods for optimal site selection, while also identifying emerging, high-growth potential markets.

Read more here

March 4, 2020

Subscribe to our mailing list to get news updates!

Enter your email address and get updates from Online Marketplaces.

Related News

Board Room
Zoopla Creates Agent Advisory Board to Give Customers a Say on Lettings Policy

British #2 portal Zoopla has launched a Lettings Advisory Board made up mostly of its agent customers as it looks...

Read More
Spanish Proptech Firms
Housfy Gets Funding and Casavo Expands as Spanish PropTech Market Heats Up

The Spanish PropTech market is heating up with two prominent companies in the market announcing positive news this week. Online...

Read More
Leboncoin Op 1
LeBonCoin Launches New Offering to Help Agents Win Sales Instructions

The French classifieds market leader LeBonCoin has today announced the launch of a new package for real estate agents. The...

Read More
Domain Data
Domain Acquires Data Services Provider Insight Data Solutions

Australian portal company Domain has today announced that it has agreed to acquire data services provider Insight Data Solutions (IDS)....

Read More

Popular News