Both companies expand their data networks to offer more sources to commercial real estate professionals
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Black Knight has entered a long-term agreement that will incorporate its property record data into the platform of real estate data firm Reonomy.
Under the agreement, Black Knight’s property data set will provide brokers, financers, real estate agents, and commercial property investors with insights into these properties and their owners across the US.
The Reonomy platform equips commercial real estate (CRE) professionals with a data network of public and proprietary sources. The firm said that the addition of Black Knight’s property record data to the platform would enable the CRE community to “discover more projects, research more opportunities, and uncover more insights.”
"We know the best data leads to the best decisions, which is why we're working to change how the commercial real estate industry consumes and accesses market intelligence through technology," Reonomy Chief Executive Officer Rich Sarkis said. "Offering commercial real estate data from Black Knight via our platform means that our clients can spend less time searching for accurate information, and instead focus on closing more deals."
"Black Knight has a passion for delivering robust data and advanced analytics that can be used for more informed decision-making, reduced risk and competitive advantages," said Ben Graboske, president of data and analytics at Black Knight. "Combining Black Knight's premier data with Reonomy's platform will provide clients with a powerful, single source of truth to help unlock commercial real estate insights and opportunities to drive growth."
