Offerd Launches 1st and Only Commercial Real Estate iBuyer and AI Acquisitions Platform

Tech Enabled Investment Firm is Changing the Multifamily Investment Landscape Leveraging Data and AI

AUSTIN, Texas, Oct. 15, 2019 — (PRNewswire) — Offerd, an integrated commercial real estate technology and investment firm, has launched the first and only direct buying platform for multifamily.

Offerd Logo

With players such as Zillow, Offerpad and Opendoor driving the single family iBuying industry, Offerd through its Offers program brings something similar to the massive multifamily sector where direct acquisitions already represent 40% of market place transactions.

Giving free access to its best in class valuation estimate is Offerd's first step in providing investors and brokers an idea of what their asset might be worth. From there, owners and brokers can confirm a few details to receive a more accurate offer within three business days, avoiding brokerage fees and increasing certainty to close through Offerd's partnership with best in class operators.

For the brokerage community, Offerd has another compelling offer. As brokerage fees have seen ever greater compression, Offerd mitigates this compression by paying brokers a 1% buy-side fee for off-market deals regardless of what is earned on the sell side.

"Brokers are a crucial part of the investment ecosystem, and we see a future where brokers continue to provide a valuable service which will be enhanced through technology such as Offerd's." David Luebke, Chief Operating Officer

The multifamily real estate investment landscape has become more competitive than ever. Multifamily is the largest commercial real estate sector by transaction volume. It is seen as the safest sector, and investment volume continues to increase from domestic and foreign capital sources. Multifamily is an undersupplied market that is projected to have consistently increasing demand due to changing rental preferences.

Offerd is mitigating the challenging competitive landscape by partnering with best in class operators in the top 100 markets nationally for direct acquisitions through its Offers Program. Qualifying partners, who must have at least $200M in AUM and focus on Class B & C multifamily assets, receive exclusive access to Offerd's qualified deal flow.

"In an era where quantitative investment firms rule the financial world, I was inspired to take the same approach to multifamily investments. Commercial real estate has a treasure trove of data, but no firm seemed to have built the technology stack to analyze the marketplace, find the best assets on or off-market and build a process to acquire these assets. We wanted this to exist, so we built it." Travis Farese, Founder & CEO

To compete in the publicly marketed world, Offerd realized it needed to look at hundreds of deals to narrow down to a handful. No technology existed to efficiently centralize, evaluate, sort, visualize and bid on marketed deals. In partnership with Esri, the global market leader in GIS software, Offerd has built its own acquisitions platform. It allows users to efficiently filter for assets with the best combination of growth, value add and price. Initially for internal use, Offerd now licenses its technology for marketed properties to external users.

For more information on Offerd's technology or how to partner or invest with Offerd, visit

About Offerd:

Through technology, automation, and data intelligence, Offerd is innovating in commercial real estate investment and technology. Offerd is based in Austin, Texas.

About Esri

Esri, the global market leader in geographic information system (GIS) software, location intelligence, and mapping, offers the most powerful geospatial cloud available. Since 1969, Esri has helped customers unlock the full potential of data to improve operational and business results. Today, Esri software is deployed in more than 350,000 organizations including the world's largest cities, most national governments, 75 percent of Fortune 500 companies, and more than 7,000 colleges and universities. With its pioneering commitment to geospatial information technology, Esri engineers the most advanced solutions for digital transformation, the Internet of Things (IoT), and advanced analytics. Visit us at


Cision View original content to download multimedia:


Company Name: Offerd, Esri
Nicole Cobb, Director of Operations, 512-400-0292
Email Contact

Review Article Be the first to review this article

Featured Video
Geographical Information Systems (GIS) Technician for Seacoast Utility Authority at Palm Beach Gardens, Florida
Geographic Info Specialist II for Texas Department of Transportation at Austin, Texas
(GIS) Analyst III - Aviation Division for Texas Department of Transportation at Austin, Texas
Project Coordinator (Utility Coordination Team) for City of Austin at Austin, Texas
Mid-Level Mechanical Engineer in Process Piping for Gordon Prill, Inc at Santee, California
Mechanical R&D Engineer for Stellartech Research Corp at Milpitas, California
Upcoming Events
URISA's Caribbean GIS Conference at Hyatt Regency Trinidad Port of Spain Trinidad & Tobago - Nov 18 - 21, 2019
Defense & Security 2019 at Impact Exhibition Center Bangkok Thailand - Nov 18 - 21, 2019
Milipol Paris 2019 at Paris France - Nov 19 - 22, 2019
SpaceCom 2019 at George R. Brown Convention Center Houston TX - Nov 20 - 21, 2019
University of Denver GIS Masters Degree Online

Internet Business Systems © 2019 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise