In commercial real estate transactions, data transparency builds trust. Trust enables greater speed and greater volume. Verify helps lenders and property owners get more done.
Commercial real estate lenders need detailed insight into the performance of the underwritten asset. Assembling that information for thousands of units across many buildings with data siloed in separate property management systems creates an enormous manual reporting burden.
Verify is a centralized platform that allows owners and lenders to aggregate, standardize, and share data seamlessly without manual intervention. Verify streamlines reporting of loan and property data for lenders, borrowers, and servicers. The company’s software sits on top of borrowers’ legacy property management systems, enabling more efficient and accurate loan reporting. Lenders can invite borrowers into the system, and borrowers can automatically set up reports. Lenders get data directly from the source, and borrowers get the benefit of faster reporting and transaction times, removing days or even weeks of delay.
Camber Creek has been advising Jones from its earliest stages.
“Being an early-stage founder requires a tremendous amount of improvisation and decision-making on the fly,” says Verify Founder and CEO Rachel Chern. “That’s just the nature of building anything new. But Camber Creek has helped startups progress through every stage of growth many times before. While there is no magic playbook, their experience and perspective are the next best thing.”