StackSource

Leading Online Platform Powering Commercial Real Estate Loans.


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StackSource streamlines the process of pairing a commercial property owners with competitive loan offers. Much like mortgaging a house, the capital for commercial properties like office buildings, malls, and hotels generally comes from a commercial mortgage. The key players benefit directly:

  • Property owners receive direct, transparent access to the world of lenders through a digital marketplace for the first time.
  • Lenders receive a targeted, efficient channel of loan deal flow.
  • Mortgage brokers accustomed to tracking deals on paper and way too many spreadsheets get a modern management tool.

Just months since we launched our beta version in Summer 2016, StackSource has already gotten the attention of some of the biggest names in the industry.

What has them standing up and taking notice? Read on to find out.

So why is StackSource taking on  commercial real estate finance? Because it’s a $3T industry -- but it’s an industry that’s in desperate need of an update.

Commercial lending today works as though it was designed in the Stone Age -- or at least, a time before the Internet.

From end to end, it can take anywhere from 50 to 75 days to close a loan, with loan seekers having to manually submit the same data and files over and over to different lenders -- and no dedicated tools to help manage the process.

Meanwhile, the lender ecosystem is growing rapidly -- and fragmenting as a result.  Changes in regulation have opened up the space for non-bank lenders, and paved the way for huge increases in cross-geography lending by allowing lenders from all over the world to compete for borrowers’ business. There has also been an emergence of online lenders -- with more than 200 entering the scene since just 2012.

Finally, there’s the opacity of the loan origination process. Borrowers’ access is limited by their personal network, and missing lender connections means leaving money on the table.

That’s the state of commercial lending today, but here’s the thing: it doesn’t have to be that way. We live in the Digital Age, not the Stone Age, and a whole host of tools exist now that can be used to simplify and streamline the lending process in a way that makes sense for the way people live and work in the year 2017.

As with LendingTree for consumer mortgages, Lendio and Fundera for small business loans, so commercial real estate loans will be available in an online platform; it’s not a matter of if, but when.

That’s where StackSource comes in.

StackSource is the engine for the next era of dealmaking in commercial lending.

StackSource is not a broker. Instead, our secure technology acts as a virtual deal room that lets stakeholders from throughout the  lending process come together and manage their entire lending process from end to end in one streamlined location.

The result: a CRE financing method that is:

  

Less than a year out from our beta launch in Summer 2016, the momentum for StackSource is already building. Here are the quick hits of what we have achieved so far:

Want to know more about where StackSource goes from here and how you can be involved? Request access to the Business Plan tab of this profile, and let’s talk!

Tim comes from tech giants Facebook and Google where he helped expand B2B marketplaces in ad tech. Years ago, he interned in at a top NYC real estate company before the current real estate tech wave. He comes from a family with history in real estate.

Nathan, who has been an industry speaker on Javascript, hails from Google where he built for scale on the Search product. Previously he developed the framework for the UI at Appnexus, an ad tech unicorn. Nathan was formerly a school teacher and grew up creating software for fun.


Prior to joining StackSource, Andrew spent a number of years in logistics and business operations at Panalpina, before launching into software development via Fullstack Academy of Code. He studied linguistics at the University of Chicago. Andrew grew up working summer jobs in the commercial real estate business.

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