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Cherre Recognized As Overall Data Management Platform Of The Year By Proptech Breakthrough

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By Author: Arina Smith
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Cherre, a frontrunner in real estate data management and insights, has clinched the prestigious title of "Overall Data Management Platform of the Year" in the PropTech Breakthrough Awards, an annual program overseen by PropTech Breakthrough—an esteemed independent market intelligence organization. Recognizing standout real estate technology companies, products, and services across the globe, this accolade underscores Cherre's role as a leader in this sector.

Cherre's platform empowers clients by enabling them to effortlessly amass, integrate, utilize, and leverage data for automated reporting, streamlined workflows, precise insights, and data-driven decision-making. The platform, complemented by a suite of solutions, comprehensively addresses data management tasks ranging from ingestion and standardization to analysis, reporting, modeling, and integration into downstream applications. A notable feature of Cherre's offering is its pre-built connectors, which expedite the incorporation of application, system, and subscription data from its expansive partner network into a central data warehouse or pipeline.

This ...
... year, Cherre has unveiled a range of innovative products and enhancements aimed at elevating the utilization of data by its clients. The cornerstone of these innovations is the next-generation Data Submissions Portal, characterized by its focus on data model flexibility and workflow adaptability. Strengthened with enhanced control, transparency, and adaptability, the portal seamlessly integrates a diverse array of financial and operational datasets, including environmental, social, and governance (ESG) data. Notably, the Portal automates the validation of submission cycle data in accordance with client-defined validation rules and calendars, fostering improved control and transparency.

Furthermore, Cherre's SFR (Single-Family Rental) Data Kit has undergone a significant transformation, bolstered by AI-driven revenue management capabilities. This enhancement empowers clients to proactively predict market shifts, unveil concealed opportunities, and make decisions with confidence. Complementing these offerings is the new Benchmarking Data Kit, harnessing the potential of a custom-built data model and machine learning to equip clients with tools to foresee market changes, identify concealed opportunities, and distinguish asset strategies.

L.D. Salmanson, Cherre's CEO and Co-Founder, highlights the company's role in revolutionizing the industry's valuation and utilization of data for enhanced performance analysis and returns. Salmanson expresses gratitude for the recognition, considering it a validation of Cherre's efforts in providing a comprehensive real estate data solution that optimizes activities across the entire asset lifecycle.

The PropTech Breakthrough Awards program aims to undertake comprehensive analysis and evaluation of top technology companies, solutions, and products within the real estate technology sector. This year's edition attracted over 1,700 nominations from more than 12 countries, underscoring its global significance.

Bryan Vaughn, Managing Director of PropTech Breakthrough Awards, congratulates Cherre for its transformative impact on how the real estate industry accesses, leverages, and values data. He lauds Cherre's role in overcoming traditional data silos and facilitating effective utilization of interconnected data across organizations.

Cherre, positioned as a leader in real estate data and insights, effectively connects decision-makers with accurate property and market information, facilitating informed decisions. By streamlining data ingestion and consolidating data across organizations, Cherre empowers clients to evaluate opportunities and trends more swiftly and accurately, leading to substantial savings in manual data collection and analytics.

Established in 2016 and headquartered in New York City, Cherre aligns with the goals of the PropTech Breakthrough Awards by recognizing excellence in technologies and solutions that empower remote work and distributed teams. Cherre's accomplishments underscore its pivotal role in reshaping the utilization of real estate data, enabling efficient decision-making, insights, and operational effectiveness.

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