Challenges
CREtelligent powers the commercial real estate (CRE) ecosystem as a trusted and leading provider of innovative due diligence solutions, analytics and professional insights. As part of this process, they combine commercial documents with property data reports and environmental data to provide:
- End-to-End Environmental Risk Assessment Suite
- Condition/Resilience Reports
- Land Services
- Valuation
- Packaged Services
However with no data lake and a very manual process, this took a long time today. CREtelligent wanted to automate the extraction of unstructured data from their many sources, the processing and assessment of risk, and the presentment of reports to their customers.
Solution
Utilizing App Orchid technology, data from many sources was extracted, structured and aggregated in a data lake connected to the AO platform.
Data Sources include:
- Environmental Property data from ERIS (Environmental Research Institute of the States)
- Black Knight Reports
- Commercial property documents
Easy Answers was used to explore the data and generate rich dashboards and reports.
Easy Answers also enabled comparison of various metrics and instant analysis.
Outcomes
App Orchid was used to build an Intelligence engine delivering
- Reduced API costs
- Expedited Reporting
- New insights
CREtelligent can now deliver Expedited inspection reports for buildings to companies like Zillow, etc.
They are also able to rapidly generate EPA reports to banks and commerical lenders
The AO platform and aggregated data enables CREtelligent to offer new data nad business offerings to their customers
