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Janover Launches Janover Pro: Game-Changing Subscription Access to Commercial Lender Data and More
Janover Janover (US:JNVR) GlobeNewswire News Room·2024-08-27 12:30

Core Insights - Janover Inc. has launched Janover Pro, a subscription-based service providing access to a comprehensive dataset of commercial lenders, and has signed its first subscriber [1][2][3] Group 1: Product Offering - Janover Pro offers access to over 10% of all U.S. banks, 35% of the top 100 credit unions, and more than 1,000 additional commercial lenders, featuring major loan products such as Fannie Mae, Freddie Mac, FHA, and CMBS [2] - The service is available on a 3-year subscription basis, providing continuous updates and access to the latest lender information [2] Group 2: Market Positioning - The CEO of Janover stated that Janover Pro aims to democratize access to commercial real estate data, allowing smaller operators to compete with larger firms like JLL and CBRE [3] - The company envisions Janover Pro evolving into a platform similar to Costar for commercial loan origination, enhancing its subscription revenue model [3] Group 3: Future Developments - Future updates for Janover Pro will include features such as creating and sharing professional offering memorandums and advanced deal shopping [3] - The company plans to integrate an AI commercial loan advisor into the product to streamline the financing process [3] Group 4: Company Overview - Janover Inc. is focused on revolutionizing the commercial real estate lending market by making it more efficient and accessible, connecting borrowers with a wide range of lenders [5] - The company targets a growing segment of small business owners, which it identifies as a significant growth opportunity [5]