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

Zumper Movoto Deal
US Portal Operators OJO Labs and Zumper Sign Listings Deal

The US real estate portal operator OJO Labs has announced that it has signed a listings partnership deal with rental...

Read More
Women In Tech Rea And Zoopla
REA Group and Zoopla Backing Women in Tech Initiatives

Both leading Australian portal operator REA Group and British property portal Zoopla have today announced measures to back women in...

Read More
Alma Media House Symmetry
Alma Media Q3 Figures Show a Healthy Company as Stock Trades at Record High

Alma Media, the operator of Finland's two largest real estate marketplaces, has released figures from its Q3 that show record...

Read More
Ke Holdings Layoffs
KE Holdings Lays Off Staff As Chinese Market Cools

KE Holdings, the operator of China's largest real estate marketplace and brokerage Beike, has laid off workers in Shanghai according...

Read More

Popular News