New Data Features in Crexi Intelligence: A Game-Changer for Commercial Real Estate Analysis

The Crexi Team

July 26, 2024

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We are excited to announce a significant upgrade to Crexi Intelligence, designed to revolutionize your commercial real estate prospecting and research. This enhancement brings a range of new data sets to our Comps & Records experience, providing users with more strategic and comprehensive property information. Whether you’re a lender, appraiser, investor, or developer, these features will equip you with the tools to make more informed decisions.

Unveiling Crexi Listings History

One of the standout features of this upgrade is the introduction of Crexi Listings History. This powerful tool allows users to access detailed historical data for property listings, including key metrics such as net operating income (NOI), cap rate, lease data, and more. Users can view when a property was listed, price changes, and expirations, offering a fuller picture of a property’s history. This is particularly valuable in cases where a sales comp isn’t available, filling crucial gaps in historical property data.

Crexi’s extensive integration of nearly one million historical sale listings has resulted in a 200% increase in nationwide NOI coverage. This includes comprehensive data on historical cap rates, OMs/flyers, and lease data. For lenders and investors, this means a deeper understanding of property performance and historical value trends, aiding in more accurate evaluations and decision-making. Appraisers can leverage this rich dataset to support precise property valuations, while developers can use it to analyze market trends and make strategic acquisition decisions.

Enhanced Financial Transparency with CMBS Data

Crexi Intelligence now offers CMBS NOI data, providing users with up-to-date financial information reported quarterly by the SEC. This includes detailed breakdowns of revenue and expenses, giving a comprehensive view of a property’s financial health. Additionally, the integration of top tenant data allows users to see information about the largest tenants in a property, including lease details and occupancy rates.

These enhancements are particularly beneficial for investors and lenders. With immediate access to verified financials, users can effectively underwrite properties and evaluate their financial viability. Investors and developers can identify key tenants and impending lease expirations, facilitating strategic planning for new developments or leasing opportunities.

Crexi has increased nationwide NOI coverage by 200% by fully integrating historical data from nearly one million historical Crexi Sale Listings and updated CMBS data. As our CMBS data coverage expands, we aim to report on nearly $700B in loan financial information and significantly broaden the scope of financial and tenant insights available to users.

Strategic Prospecting with Pre-Foreclosure Data

Another pivotal addition to Crexi Intelligence is the integration of pre-foreclosure data. Users can now filter for distressed properties in the aggregate search experience, identifying properties with an active pre-foreclosure status. This is a popular method for uncovering new commercial real estate deals, as it allows users to target properties at risk of foreclosure, often available at lower prices due to the urgency of the sale.

Investors can strategically prospect these opportunities, negotiating favorable deals and IDing investments before they hit the market. Developers can also benefit by acquiring properties with urgent selling needs, securing advantageous terms for redevelopment projects.

Mitigating Environmental Risks with Flood Zone Data

Environmental risk assessment is crucial in real estate investment and development. To address this, Crexi Intelligence now includes flood zone data for properties. This information allows users to evaluate the environmental risks associated with potential investments, ensuring sound decision-making and protecting investments from unforeseen flood risks.

For lenders and investors, understanding flood risk is essential to safeguard investments. Developers can also use this data to plan projects in low-risk areas or implement necessary precautions for properties in flood-prone zones, mitigating potential future liabilities.

Elevate Your Property Research with Crexi Intelligence

These exciting upgrades to Crexi Intelligence are set to transform how you analyze the market and evaluate property opportunities. By integrating these additional data sets, Crexi is committed to providing the most comprehensive and strategic property data to present a complete market picture. We invite you to sign in to your account and explore these new features, elevating your property analysis to new heights.

Not yet a Crexi Intelligence subscriber? Sign up for a demo to see first-hand how you can enhance your real estate endeavors.

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