Chatham Financial Acquires Verumex to Enhance CRE Data Solutions
Slice of Real Estate Team
Oct 08, 2024
Key Highlights:
- Chatham Financial acquires Verumex (VmX), a global data platform for the CRE industry.
- Acquisition improves CRE data quality, enhancing decision-making for investors and asset managers.
- VmX founders addressed industry challenges with proprietary tech and expert services.
- Integration strengthens Chatham's debt and derivatives advisory, benefiting over 3,500 clients.
Source: Business Wire
Quotes
“ “The lack of access to real-time data combined with poor data quality leads to ineffective analysis and significant wasted time for CRE asset and investment managers.” ”
Nick Laird, CEO and Co-founder at Verumex
Our Take:
Chatham Financial's acquisition of Verumex marks a significant step forward in the commercial real estate sector, where data quality and accessibility have long posed challenges. By integrating VmX’s cutting-edge technology and data expertise, Chatham will provide CRE investors with superior tools for making informed, data-driven decisions. This acquisition not only solidifies Chatham’s leadership in the financial risk management space but also sets a new industry standard for addressing the complexities of global CRE data management.
