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Buildout Acquires Real Estate Intelligence Provider ProspectNow
Friday 14 January 2022

US-based commercial real estate dealmaking platform Buildout has acquired AI-powered real estate property and owner intelligence provider ProspectNow, the company said.

As part of this acquisition, Buildout will integrate ProspectNow with its solutions.

ProspectNow, the premier property and owner database with over 155m properties and 18m businesses, enables users to find contact information for any property owner and view properties predicted to sell or refinance in the next 12 months.

The Riverside company invested in Buildout in July 2020. Riverside is a global private investor focused on the smaller end of the middle market.

The Buildout platform provides a hub that scales out to form an integrated, full-lifecycle deal management engine that powers research, prospecting, marketing, matchmaking, transaction management and deal closing.

ProspectNow is a predictive modeling and marketing platform that provides real estate sales, brokerage, and lending professionals with powerful systems and tools for extracting value from massive amounts of data through machine learning.
Date Published: 14/01/2022