Data sources for acquiring commercial property?
Anyone have a list of their favorite websites to look up market data for a specific neighborhood you’re thinking of purchasing property?
[{"id": "fp2ada4", "text": "Costar for almost everything you can imagine. They own apartments.com and loop net so they combine all of the data into detailed property profiles and market outlooks.", "replies": [{"id": "fp2e5ia", "text": "Thanks. Any free resources though?", "replies": [{"id": "fp2lr2a", "text": "the census info can be helpful and is free.  Make friends with a broker, costar is really where the best data is.", "replies": [{"id": "fp2mq3w", "text": "Thanks", "replies": [], "depth": 4}], "depth": 3}, {"id": "fp3oqtf", "text": "It depends on what you mean by market data, I guess. If you\u2019re looking for free market data, you\u2019re going to have to scour it from a bunch of different sources. \n\nFor example - CBRE publishes a free cap rate study twice a year that drills down into major metro areas. But you can\u2019t pull much from it other than cap and discount rates. \n\nCBRE and most other large brokers publish regular rental rate studies for different metro areas.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "fpeht6b", "text": "CoStar is definitely industry standard. I also have reis but hardly ever use it. \n\nProperty/Investor level information is best given via RCA. \n\nSecuritization history is best given via trepp/dbrs. \n\nMay be tough but finding a broker willing to give you some high level market information wouldn\u2019t help either. \n\nAnd of course utilize property historical information.", "replies": [], "depth": 1}, {"id": "fq1cu9h", "text": "You can also check crexi.com\n\nhttps://youtu.be/_BH5yDfaUxw[about us](https://youtu.be/_BH5yDfaUxw)", "replies": [], "depth": 1}]