Commercial Investment Broker sources triple net lease opportunities for owners moving into smaller markets | Reonomy

The Challenge

Finding a clean and transparent data source 

Oleg has been a commercial broker in the Bay Area for over five years. He got his start working mostly with multifamily properties and has since shifted his focus to retail and triple net leases. Triple net lease deals require a deep understanding of a property and portfolio as well as the market to present the right benefits to a prospect. When looking for new properties and owners to prospect, Oleg was spending the majority of his time in the data processing phase. He was utilizing four or more systems, often taking weeks to connect the dots of disparate data points.

“Reonomy enables me to quickly refer to data while on a call. I know I can provide the owner with the best option with background knowledge on their portfolio and debt history.”

The Solution

A data source that moves outreach from a cold call to a warm relationship

Reonomy data has empowered Oleg with the confidence to reach out to a new pool of owners for triple net lease deals. “Reonomy enables me to quickly refer to data while on a call. I know I can provide the owner with the best option with background knowledge on their portfolio and debt history.” Reonomy has changed Oleg’s process completely. Oleg saves an average of three hours each day in his research process.  In the morning, he logs into the web application, exports his leads to his CRM, and begins calling. Having discovery and research components in one solution has allowed Oleg to retire some of his old resources. “Reonomy has saved me an invaluable amount of time, I can’t even put a monetary value on the changes I’ve seen to my workflow.”