Walker & Dunlop’s Apprise Wins PropTech Breakthrough “CRE Data Innovation Award”
21 Agosto 2024 - 12:00PM
Business Wire
Walker & Dunlop, Inc. announced today that Apprise has been
recognized with the “CRE Data Innovation Award” in the 4th annual
PropTech Breakthrough Awards program conducted by PropTech
Breakthrough, a leading independent market intelligence
organization that evaluates and recognizes standout real estate
technology companies, products and services around the globe.
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Apprise by Walker & Dunlop is an independent, third-party
valuation, data, risk mitigation, and advisory platform. Along with
a proprietary approach to data science and technology, Apprise
consists of expert appraisers and valuation specialists, which
together, work to harness data feeds that pull information from
public records, property sites, industry resources, and proprietary
sources into a single centralized cloud-based system. By automating
the extraction and organization of granular financial data, our
tools drastically reduce the risk of human error, ensuring that our
appraisals are both credible and dependable.
"Trust is paramount in valuation. Our advanced data tools ensure
consistency and accuracy, solidifying our role as a trusted
partner. Integrating 2.5 million records was just the start—our
data analysis sets us apart," said Meghan Czechowski, senior vice
president and head of Apprise at Walker & Dunlop. "We're
honored by this recognition, as our goal is not just to keep pace,
but to set the standard for excellence."
The unique combination of the industry’s most comprehensive data
set, expert valuation specialists, and innovative technology allows
Apprise to deliver accelerated, data-driven appraisals with
consistency across the nation. A web-based solution for commercial
property appraisals, Apprise’s hub aggregates 250 critical
variables with every data point recorded, ensuring future usability
for both supporting insights and trend analysis.
The intuitive dashboards convey valuation trends and recent
sales data to clients visually, representing appraised and sales
capitalization rates compared to the 10-year treasury in order to
facilitate in-depth analysis of class A institutional sales on a
national scale. This capability caters specifically to the needs of
major global investors. Apprise is also leading the industry having
integrated Jan 2025 Fannie Mae XML standards for DUS lender clients
nearly five months ahead of the mandatory deadline.
The mission of the annual PropTech Breakthrough Awards program
is to conduct the industry’s most comprehensive analysis and
evaluation of the top technology companies, solutions and products
in the global real estate technology industry today. This year’s
program attracted thousands of nominations from over 12 different
countries throughout the world.
“Walker & Dunlop's cutting-edge solutions and
forward-thinking approach are shaping the future of the real estate
technology market. Valuations are the cornerstone of CRE and are
more crucial than ever in today's market conditions. The data
fueling these valuations is often fragmented presenting data
overload, integrity issues, and either overly manual or overly
automated processes leading to inefficiencies,” said Bryan Vaughn,
managing director of PropTech Breakthrough Awards. “By offering a
sophisticated solution tailored to acquisition requirements,
Apprise is setting a new industry standard for the pivotal role
appraisers can play in shaping the market. We’re thrilled to award
Apprise with the ‘CRE Data Innovation Award’ as they continue to
transform the valuation advisory industry.”
Launched by Walker & Dunlop, Apprise is focused exclusively
on the U.S. market and has a collective track record of valuing
$350 billion worth of commercial real estate properties to
date, comprising more than 750 thousand units per
year. Serving a client base that includes GSE lenders,
owners/operators, banks, and institutional lenders, the Apprise
team specializes in quick valuation insights and data analytics, as
well as industry-compliant appraisals and consulting assignments
for multifamily/commercial assets.
Apprise was also featured in this season’s Proptech Outlook
Magazine.
About Walker & Dunlop
Walker & Dunlop (NYSE: WD) is one of the largest commercial
real estate finance and advisory services firms in the United
States. Our ideas and capital create communities where people live,
work, shop, and play. The diversity of our people, breadth of our
brand and technological capabilities make us one of the most
insightful and client-focused firms in the commercial real estate
industry.
About PropTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and
recognition platform for global technology innovation and
leadership, the PropTech Breakthrough Awards program is devoted to
honoring excellence in technologies, services, companies and
products that empower remote work and distributed teams around the
globe. The PropTech Breakthrough Awards program provides a forum
for public recognition around the achievements of technology
companies and solutions in categories including messaging &
communication, project management, virtual events, team
collaboration, virtual offices, collaborative design and more. For
more information visit PropTechBreakthrough.com.
Tech Breakthrough LLC does not endorse any vendor, product or
service depicted in our recognition programs, and does not advise
technology users to select only those vendors with award
designations. Tech Breakthrough LLC recognition consists of the
opinions of the Tech Breakthrough LLC organization and should not
be construed as statements of fact. Tech Breakthrough LLC disclaims
all warranties, expressed or implied, with respect to this
recognition program, including any warranties of merchantability or
fitness for a particular purpose.
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version on businesswire.com: https://www.businesswire.com/news/home/20240821425676/en/
Investors: Kelsey Duffey Investor Relations Phone
301.202.3207 investorrelations@walkeranddunlop.com Media:
Nina H. von Waldegg VP, Public Relations Phone 301.564.3291
info@walkeranddunlop.com Phone 301.215.5500 7272 Wisconsin Avenue,
Suite 1300 Bethesda, Maryland 20814
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