Attom Acquires Resishares To Expand Data And Analytics
ATTOM has acquired key assets of ResiShares, including its analytics platform and proprietary technology — a move aimed at expanding ATTOM’s data analytics capabilities across the real estate sector.
The acquisition brings ResiShares’ forecasting models and analytics tools into ATTOM’s national data platform, which covers most U.S. properties.
Financial terms of the deal were not disclosed.
“ResiShares meaningfully strengthens ATTOM’s competitive moat and further differentiates us in a dynamic market,” said Rob Barber, CEO of ATTOM. “This acquisition brings proven, institutional-grade analytics and forecasting into our platform, expanding the depth and sophistication of the insights we deliver to all of our clients nationwide.
“As we continue to invest aggressively in data, analytics and AI, this acquisition reinforces our long-term competitive advantage and our position as the most comprehensive source of property intelligence across markets.”
ResiShares developed its analytics platform to support investment and operational decision-making — particularly in the single-family rental sector.
The company was founded by Michael Greene, Alex Villacorta, Dan Glaser and Michael Cook, who have backgrounds in data science, quantitative research and real estate operations.
ATTOM said it plans to integrate the acquired technology into new enterprise-level analytics products. Tools will be made available to a range of users — including financial services firms, insurers, technology companies, government agencies and other data-driven organizations.
ResiShares’ platform includes price and rent forecasting, neighborhood-level performance analysis and modeling designed to identify market trends and risk.
Combined with ATTOM’s nationwide property database, the company said the technology will allow clients to apply more advanced analytics to their own business use cases.
“This is a natural next chapter for the technology and capabilities we built,” said Michael Greene, CEO and co-founder of ResiShares. “By combining our analytics platform with ATTOM’s data at scale, we’re excited to see these tools reach a much broader audience and deliver value across a wide range of use cases.”
ATTOM said the acquisition will support faster product development and expand its use of artificial intelligence to deliver data insights across multiple industries.
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