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Industry

Technlogy

Company Type

Proptech

Size

$3.5 Million

Investment Type

Equity

For additional information, please contact:
John Haltmaier | Managing Director
(973) 699-7995

Current Issues with CRE Financing

  High costs and time to maintain capital markets databases
  Brokers and sponsors struggle with high-cost boutique firms or commission heavy institutional firms
  Developers and investors pay .5% to 1% to brokers on total loan size for minimal work. $1M loan = $10,000 fee at 1% commission
  No industry-wide collaboration to connect brokers, sponsors, and lenders
  Lenders receive deals that are not fits or deals within their parameters—spending time underwriting only to lose to an alternative source

The Opportunity

The Gap in the Market

 

  CRE Investors, Brokers and Lenders are frustrated with these inefficiencies, and have been seeking  
  methods to cut costs and time commitment, while staying relevant in the 21st century
  Given the strong user bases of platforms like CoStar and Yardi, it is clear that CRE 
  professionals appreciate innovative tech-based solutions
  In essence, we believe the market needs a product that is exceptional for brokers, 
  but can also be used by investors and lenders
  Based on market feedback, CRE Professionals are more than willing to pay for such a self-learning service
  with auto-updating features to serve the dynamic CRE space

 

At StackSource…

We are addressing this opportunity head-on by creating a solution where Brokers, Investors, and Lenders are the Relationship, and

StackSource is the Data & Technology to support them.

Embracing Brokers, Not Bypassing Them

Most tech-based online CRE platforms try to automate deals and bypass brokers.
We understand that relationships are the most important aspect of Commercial Real
Estate.
We embrace brokers and empower them with the best-in-class data and technology
while providing accessible and pertinent capital markets data directly to Investors,
Developers, and Lenders.

Giving Lenders Deals They Want

StackSource’s Value-Add to Lenders

StackSource aims to provide lenders with:
  Pinpointed deals within their lending parameters
  Easy way to Digest potential loans
  Insightful lending data (other lenders, interest rates, product types, geography)
  A strong User Experience
  Accountability for Brokers who send deals of poor quality

Introducing StackSource as a SaaS

Welcome to the intuitive Capital Markets Network & Database

We are repositioning StackSource from a techbased CRE brokerage to an online database and service set to reduce the friction in CRE Financing.

We are creating a streamlined process for the most up-to-date capital markets data, lending matching algorithm, enabling users to focus on fostering relationships and doing what they do best.

StackSource Core Team

Specific Risks

  • Lending data is a commodity and there are few barriers to entry to developing new or enhancing existing competing platforms
  • Reposition StackSource to a SaaS model appears promising, but is in its early stages and, therefore, unproven
  • Reposition may take longer and more expensive than anticipated
  • As with almost any tech platform, the StackSource system is subject to cybersecurity risks as well as unexpected system crashes
  • StackSource will likely require ongoing investment to build and maintain a competitive advantage – there is no guaranty as to the cost to achieve and maintain success
  • Private securities are speculative, illiquid, and carry a high degree of risk – including the loss of the entire investment
Learn More About StackSource

Thank you for your interest in StackSource.

Please fill out your information and we will contact you shortly with more information on this opportunity.

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CONTACT US

Hi. We're not around right now. But you can send us an email and we'll get back to you, asap.

Thanks, Ken

Ken Margolis | Managing Partner Castle Placement, LLC
1460 Broadway Street, Rte 400
New York, New York 10036
(212) 418-1188 | C: (516) 712-7784
kmargolis@castleplacement.com

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