What is Compstak?
What is Compstak?
CompStak is a commercial real estate data and analytics platform specializing in detailed lease and sale transaction information. Using a crowdsourced model, it gathers and shares comprehensive data on commercial properties, helping brokers, investors, banks, and appraisers make informed decisions. CompStak’s platform offers real-time market insights, enhancing transparency and efficiency in the CRE market.
Company Overview
- Founded: 2011
- Headquarters: New York City, USA
- Primary Focus: CompStak focuses on offering granular, crowdsourced data on commercial lease and sale transactions, enabling better transparency and insights in the commercial real estate (CRE) market.
Key Services and Offerings
- Data and Analytics:
- Lease Comps: Detailed information on commercial lease transactions, including rental rates, lease terms, concessions, and tenant information.
- Sale Comps: Data on commercial property sales, including sale prices, cap rates, buyer and seller details, and property specifics.
- Property Information: Comprehensive data on property characteristics, ownership, and historical transactions.
- Crowdsourced Model:
- CompStak’s platform is fueled by a network of commercial real estate professionals who contribute data in exchange for access to the platform, ensuring up-to-date and accurate information.
- Market Insights:
- Provides analytics and reports on market trends, helping users make informed decisions based on the latest market data.
- Tools for benchmarking, portfolio analysis, and identifying market opportunities.
Clients and Industries Served
- Brokers and Real Estate Professionals: Use CompStak for up-to-date market comps and property data to better advise clients and close deals.
- Investors and Asset Managers: Rely on CompStak’s data for due diligence, investment analysis, and portfolio management.
- Banks and Lenders: Utilize the platform for underwriting and risk assessment based on accurate and recent transaction data.
- Appraisers and Consultants: Depend on CompStak’s detailed data for accurate property valuations and market assessments.