PropRise Launches AI-Powered Deal Sourcing Self-Storage Investing Platform

Posted by Modern Storage Media on Aug 21, 2024 3:53:56 PM
PropRise, an AI-driven real estate technology company, has announced the launch of its comprehensive platform designed to "revolutionize deal sourcing and market intelligence for self-storage developers, acquisition specialists, and brokers."
 
According to a press release, the PropRise solution is poised to reduce the time spent on identifying prime opportunities by at least 75 percent, enabling industry professionals to fast-track projects, maximize profitability, and close deals more efficiently and with greater confidence.
 
PropRise’s platform addresses numerous challenges in the growing self-storage industry:
  • Evaluating potential development sites
  • Identifying acquisition targets
  • Matching buyers with suitable properties


Key features include:

  • A Deal Sourcing Engine
  • Advanced Buy Box Search
  • Comprehensive Market Intelligence.

 

“PropRise is a game-changer for the self-storage industry,” said Jean-Michael Diei, co-founder and CEO of PropRise. “Our AI-powered platform analyzes vast amounts of data in real time, allowing developers to discover untapped sites, acquisition specialists to uncover underperforming facilities, and brokers to match clients with ideal properties more efficiently than ever before.”

 

Early adopters have reported significant success across various roles in the industry. Andrew Beranek, real estate development manager at Olympus Ventures LLC, stated, “With PropRise, we were able to drill down, identify a new market, and submit a Letter of Intent within two weeks.”
 
As PropRise refines its AI algorithms and expands its database, the company is looking towards future applications of its technology in other real estate verticals.
 

About PropRise

PropRise is the leading provider of AI-powered intelligence solutions for the self-storage industry. PropRise is committed to revolutionizing real estate development, acquisition, and brokerage through cutting-edge technology, offering a comprehensive platform that includes dynamic deal sourcing, advanced market analysis, demographic insights, and competitive intelligence. PropRise takes pride in empowering developers, investors, acquisition specialists, and brokers to make data-driven decisions, streamline their processes, and maximize their investment potential throughout the entire lifecycle of self-storage assets. For more information, visit www.proprise.io.