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Buildout Acquires AI-Powered Real Estate Intelligence Platform

Chicago-based Buildout, developer of a dealmaking platform widely used by brokers, has acquired ProspectNow, a provider of AI-powered real estate property and owner intelligence. Buildout will integrate ProspectNow with its solutions. 

“The ProspectNow team has built an impressive, machine-learning enabled property and owner intelligence operation,” said Kirk Ziehm, CEO of Buildout. “By combining our companies, we’re taking a big step toward realizing our shared mission of enabling CRE professionals to be more productive and successful by connecting all stakeholders with a platform that drives CRE prospecting and dealmaking.” 

With more than 155 million properties and 18 million businesses, the ProspectNow platform enables users to find contact information and view properties predicted to sell or refinance in the next 12 months. 

Steve Wayne, CEO and founder of ProspectNow, added, “”Our vision has always been to pipe the highest quality data and intelligence directly into the prospecting and dealmaking solutions brokers use.” 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition