Online trading platform, B+E, connects traditional and modern buyers and sellers to leverage a huge amount of data to aide in decision making.
Schwab, UBS and E-Trade have successfully integrated traditional “high-touch” broker relationships with the convenience of 24/7 technology. Customers have the option of using only an online app or dealing directly with a broker or any combination that they prefer. Camille Renshaw has done the same for net lease real estate.
The CEO & co-founder of B+E, an online trading platform for buyers and sellers of net lease properties launched in 2017, sees parallels between buying net lease properties and trading stocks.
“If you’re going to buy a Walgreens store, you need to know most of the same things as if you’re buying Walgreens stock,” explained Renshaw, who before B+E previously headed up commercial real estate for online real estate marketplace Ten-X.
B+E’s intuitive end-to-end trading platform offers investors user-friendly dashboards, real-time predictive pricing and an AI-driven exchange—all designed to leverage an enormous data for decision making.
Renshaw created B+E with co-founder Scott Scurich, who previously headed up the Net Lease division at Ten-X. They had both observed a void in the marketplace. It seemed that CRE investors did not actually know anyone at the companies whose sites they used to research net lease deals Investors were basically building a relationship with a technology platform. The other option available to net lease investors was the old school, one-on-one relationship with real estate brokers who bring trust and respect to the table but not technology. With offices in New York, Tampa, San Francisco and Chicago, B+E offers both.
When net lease buyers log on to benetlease.com, they see multiple photos of the asset plus offering memorandum, due diligence and property details like lease structure, ownership type, cap rate and net operating income, investment highlights and comparables. According to Renshaw, you can go as far into the transaction, in terms of end-to-end trading, as you want.
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