High-rise commercial buildings

Sub Markets

Property Sectors

Topics

New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New York & Tri-State  + Downtown New York  + Finance  | 

CompStak Raises $50M in Series C Round

CompStak has raised $50 million in Series C funding. Investment funds managed by Morgan Stanley Expansion Capital led the investment round with participation from Mitsui Fudosan’s CVC Fund and Crow Holdings, and several existing investors, including Canaan Partners & IA Capital. The investment brings CompStak’s total funding since its launch in 2012 to $78 million. 

The Series C funding will be used to accelerate the expansion of CompStak’s  lease and sale comp data into new asset classes and will bring growth in data sets, products, and markets.  

“We’re incredibly excited to partner with Pete Chung and the Morgan Stanley Expansion Capital team,” said CompStak CEO Michael Mandel.  “The Morgan Stanley team’s ability to thoughtfully analyze markets and guide strategy conversations has already been evident in our short time working together, and Pete and his team truly understand what it takes to build and scale high-performance organizations.” 

Connect

Inside The Story

CompStak

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-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 7-10 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).

  • ◦Financing