Archer, a data-driven real estate tech firm, announced that it has provided new tools in its multifamily technology platform to significantly enhance deal sourcing, automating analysis and team collaboration for commercial real estate professionals. The new tools allow investors, brokers and lenders to make smarter deal decisions informed by predictive analytics.
Archer has raised capital from real estate firms and proptech investors, including its most recent round led by Portland Seed Fund with a strategic investment from Marcus & Millichap.
The new tools include a customized deal pipeline manager that allows investment sales brokers, lenders, asset managers, property managers and the entire data analysis team to gain unprecedented control and visibility over the entire deal flow; a private data cloud that automatically captures and structures critical information from every deal analysis directly into users’ Excel models and interactive deal analytics that allow professionals to analyze the entire underwriting history, compare key metrics across past deals and centralize property files for quick reference.
“In the craziest, most volatile commercial real estate capital markets industry where efficiency and data are key to acquiring, analyzing and saving deals, we’ve heard about the pain from our colleagues and enhanced our platform to set up professionals and firms for success,” said Thomas Foley, co-founder and CEO of Archer. “We’re committed to continuous innovation to keep Archer as your go-to solution for automating real estate analysis and data-driven investment decisions.
The improvements boost the original platform, allowing professionals to eliminate time-consuming manual underwriting tasks with lightning-fast parsing and automated analysis; enhance property search and insights and offering customizable reporting.
