Chatham Financial Acquires Verumex to Enhance CRE Data Solutions

Author

Slice of Real Estate Team
October 08, 2024

Key Highlights:

  • Chatham Financial acquires Verumex (VmX), a global data platform for the CRE industry.

  • Acquisition improves CRE data quality, enhancing decision-making for investors and asset managers.

  • VmX founders addressed industry challenges with proprietary tech and expert services.

  • Integration strengthens Chatham's debt and derivatives advisory, benefiting over 3,500 clients.

Notable Quotes:

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“The lack of access to real-time data combined with poor data quality leads to ineffective analysis and significant wasted time for CRE asset and investment managers.”

Nick Laird, CEO and Co-founder at Verumex
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“Chatham’s CRE clients partner with us knowing we will empower their capital markets decisions and strategies with complete expertise and quality across advisory, data, and software solutions.”

Matt Henry, CEO at Chatham Financial
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“We believe the acquisition and integration into the Chatham ecosystem will be a game changer for the industry.”

John Klopp, Managing Director at Morgan Stanley

Our Take:

Chatham Financial's acquisition of Verumex marks a significant step forward in the commercial real estate sector, where data quality and accessibility have long posed challenges. By integrating VmX’s cutting-edge technology and data expertise, Chatham will provide CRE investors with superior tools for making informed, data-driven decisions. This acquisition not only solidifies Chatham’s leadership in the financial risk management space but also sets a new industry standard for addressing the complexities of global CRE data management.