RealPage Acquires Cherre to Strengthen its AI Platform

Read article: RealPage Acquires Cherre to Strengthen its AI Platform

RealPage, Inc., a provider of AI-enabled software and data analytics to the real estate industry, has announced it has completed its acquisition of Cherre, a real estate data intelligence company.

Dirk Wakeham, President and Chief Executive Officer of RealPage, said, “Cherre has built the kind of trusted, governed intelligence that institutional owners and asset managers depend on. Bringing that expertise into RealPage means every customer, whether they manage one property or a global portfolio, gets access to a stronger, more trustworthy foundation for their decisions.”

L.D. Salmanson, Founder and Chief Executive Officer of Cherre, said, “The work we’ve done at Cherre was building toward the moment the industry needed to move from reporting to reasoning. Joining RealPage lets us bring that future to the real asset ecosystem faster, without changing how we work with the clients who trust us today.”

With Cherre, RealPage customers will gain access to a layer of intelligence built specifically to bridge property-level data with portfolio- and fund-level context, connecting operations to the decisions that depend on them. 

With RealPage, Cherre customers will gain the scale, resources, and delivery capacity of one of the industry’s technology providers, including expanded engineering and deployment capabilities to take customers from data readiness to AI in production, while continuing to work with the same dedicated team and consultative approach they rely on today. 

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