News: Brokerage

Reonomy appoints Pettus first COO

New York, NY Reonomy, the fast-growing commercial real estate technology company, has named Brooks Pettus as the company’s first chief operating officer. Pettus, a start-up veteran with over two decades of business growth experience, will join the company’s New York-based team, and will be charged with operating and leading the growth of the business as it expands across the U.S. An entrepreneur for more than twenty years, Pettus has spent the last decade building high-growth tech companies from early stage through to exit, holding a range of leadership roles including chief executive officer, chief operating officer and chief revenue officer. “We created the role of Chief Operating Officer because 2016 is about high impact expansion,” said Rich Sarkis, CEO, Reonomy. “In 2015 we grew from a handful of users to over a thousand, spread over hundreds of companies. Customers log in everyday to find new opportunities and get real ownership information. We are now moving into a high-growth phase, in order to offer this unique value to new users in new markets with new products. I am thrilled to have Brooks join us as he is the ideal choice to lead this charge. He comes to Reonomy with deep experience in growing start-ups into fully fledged businesses.” “Reonomy is making big waves in the commercial real estate tech space, and I’m excited to be a part of its future,” said Brooks Pettus. “Reonomy is incredibly compelling because of the strength of the executive team and the size of the market space they are attacking. The $15 trillion commercial real estate space is hungry for innovative, technology-based solutions that address real pain points in the industry. Reonomy has identified a unique way to aggregate data and to make it useful to their customers. They already have a product that customers can’t live without.”
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,