Canyon Data

We are a data as a service company that provides the most comprehensive commercial real estate data possible in a market. 

Canyon Data has designed a new approach for mining and maintaining commercial real estate data in nearly real time and in the most comprehensive method possible. The business sits at the crossroads of commercial real estate, big data, prop-tech and fin-tech. The business is difficult to replicate, and it has nearly unlimited scaling potential. Canyon Data saves investors, lenders, brokers, and appraisers Billions of dollars every year by striking at the root of the problem and removing the most fundamental roadblock: bad data.

The Problem

Commercial real estate is notoriously difficult to underwrite due to the numerous and complex economic forces impacting value estimates. In fact, billions of dollars are spent every month by investors, bankers, appraisers, brokers, and others to perform the exact same tasks for similar properties in the same markets resulting in innumerable duplicated hours of work. This happens because owners are not motivated to share information. While some information is disclosed during a sale transaction or new loan, professionals with that knowledge are subject to strict privacy laws. Even publicly traded real estate conglomerates delay reporting any meaningful performance data until it is months old, and hence, less relevant.

Because of this, buyers and lenders invest billions of dollars every year to send analysts, appraisers, and brokers to vet properties. These professionals call and interview leads, attempt to

accurately describe market conditions, and predict market performance. While some companies publish high-level market reports, all savvy players know that these are only a starting point and cannot replace complete a thorough due diligence process. In short, no single entity takes accountability for mining and validating commercial real estate data across an entire market.

The Canyon Data Solution

Canyon Data has engineered the most robust, yet cost-effective, intelligence-gathering effort possible in commercial real estate to solve this seemingly impossible problem.

In addition to developing new incentives for owners to share information willingly, the Canyon Data data-mining process includes frequent and detailed visual inspections of all commercial real estate as well as constant monitoring of every openly published data source available. Once collected, all sources are intelligently mapped to a single data source using the latest AI tools and validated by commercial real estate experts and local market-insiders who closely monitor trends and have access to additional investigative resources when needed. The Canyon Data process is intelligently replicated in a cost-effective way for thousands of properties across any market resulting in the most thorough and reliable commercial real estate data set possible.