On Tuesday, Janover Inc. JNVR announced the launch of Janover Pro. The company calls it an innovative subscription-based service that provides users with access to a rich and dynamic dataset of commercial lenders through Janover’s user interface.
Additionally, the company announced that it has signed up for its first Janover Pro subscription.
Janover Pro offers access to a vast network of multifamily, commercial property, and SBA lenders, including over 10% of all U.S. banks, 35% of the top 100 credit unions, and over 1,000 additional commercial lenders.
This comprehensive data set features significant products such as Fannie Mae, Freddie Mac, FHA, CMBS, life companies, debt funds, and a diverse range of other loan products and lenders.
More importantly, it features banks and credit unions from every corner of the nation, with lenders directly providing first-party data to the regularly updated platform.
Janover Pro provides detailed lender and originator credit box information and contact details, equipping users with the tools and resources that Janover’s professional advisors used to compete with the biggest names in the industry, like JLL, Walker & Dunlop, CBRE, and beyond.
The service is generally available on a 3-year subscription basis. It provides continuous updates and access to the latest lender information, and many additional features are planned that the Janover Capital Markets team already uses.
Blake Janover, CEO of Janover, commented, “We’re democratizing the data that has separated institutional debt shops from mom-and-pops and small multifamily and commercial property operators from the biggest players. Although it is currently in its infancy, we envision creating a platform akin to Costar for commercial loan origination.”
“We think there are some exciting opportunities to embed an AI commercial loan advisor right into the product as well,” he concluded.
Price Action: JNVR stock closed lower by 1.99% at $0.52 on Monday.
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