Globerex launches new business solutions for commercial real estate
Company revolutionizes the process of sourcing equity by offering the latest software solution
NEW YORK, NY March 13, 2012 — Commercial real estate is a multi-billion dollar industry that has not yet been transformed by technical web-based or mobile software applications. As the marketplace continues to develop – solutions that offer an answer to the question “how do we streamline the process for sourcing equity” will lead the industry. Globerex, an internet technology company recognized this opportunity and has developed a world-class tool to streamline private investment in commercial real estate.
Globerex members, comprised of those seeking equity (sponsors), those seeking new investment opportunities (investors), and those providing expertise (financial intermediaries) now have an independent, secure, and centralized marketplace to connect, collaborate and close deals.
“Imagine combining capital sourcing, deal origination, and investor relationship management within a secure platform solely focused on the equity portion of commercial real estate,” commented David Libman, founder and CEO of Globerex. “We have been compared to online dating where it is understood nobody actually gets married online however, they use the tool as an exchange to meet people and open a dialogue. So too does Globerex, we offer a neutral platform for real estate professionals to connect and collaborate on their deals. We are confident that clients who visit our site will understand the value of our innovative solution, the caliber of our professional services, and the quality of our exclusive membership,” concluded Mr. Libman.
Addressing the challenge of securing equity for real estate is difficult and collaboration amongst “known” entities is limited, often by geography. Globerex has taken these two challenges and bridged them into one solution – a private centralized exchange which leverages technology to bring traditional business processes online.
About the Founder:
David Libman is the Founder and Chief Executive of Globerex. Prior to creating Globerex David spent 7 years at Fieldstone Properties LLC, a private real estate investment firm based in the New York City area. While at FSP, David was the Director of the acquisitions team where he led the firm in the purchase of nearly $700 million in commercial property partially financed with institutional equity capital. In his acquisitions role, David became acutely aware of the need in the market for a technical solution to connect sponsors seeking equity and investors providing equity. David’s acute knowledge of the real estate industry coupled with his solid technical background enabled him to confidently mold his insights into what is now known as Globerex.
Prior to his real estate career David was a software consultant for Pegasystems, a leading CRM provider (NYSE: PEGA) and director of business development at Chat-Over IP, an Internet start-up precursor to web meetings in 1999. David earned his undergraduate degree in engineering from Tulane University and received his masters in real estate finance from New York University.
Globerex is the next-generation Internet technology platform designed to simplify and streamline commercial real estate private investment. Sourcing equity is one of the biggest challenges in commercial real estate and Globerex's software solves key parts of this complex puzzle.
Globerex was created by real estate professionals for real estate professionals. We started from scratch and built a system that we wanted to use in our own investing business. The result is Globerex. We enable you to easily create deals and then market them to your own network and to our global community of investors within an exclusive private exchange. With Globerex you can track and manage the entire fundraising campaign in one secure location – available anytime, anywhere from any mobile or desktop device.