Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}

Cushman & Wakefield Launch Snappt Fraud Detection Technology

9/15/2021

Data-driven fraud detection software strengthens Cushman & Wakefield’s asset and facilities management services

CHICAGO - Cushman & Wakefield a leading global real estate services firm, announced today the deployment of Snappt’s commercial real estate (CRE) fraud detection and analytics technology to strengthen its asset and facilities management services.

Cushman & Wakefield’s clients and stakeholders will now have access to state-of-the-art document verification using Snappt’s data-driven fraud detection software that helps property managers accurately detect fraudulent financial documentation, user identity theft, and high-risk tenant applications that drive costly evictions and bottom-line loss.

“Working with technology leaders like Snappt help us drive more efficient, cost effective and secure operations for our clients,” said Jeff Jannereth at Cushman & Wakefield. “Leveraging their innovative technology allows us to adapt to an ever-changing renter climate and deliver greater value to our clients.”

“We are absolutely thrilled to support Cushman & Wakefield as an added solution in their strategic PropTech initiatives.  Last year there were over 21 million undocumented fraudulent application documents in the U.S. alone, yielding significant costs to real estate firms,” commented Daniel Berlind, CEO and co-founder of Snappt. “In the current environment where the rental market is at a premium, property managers are exponentially exposed to renter fraud. Our top priority is to mitigate potential losses with the support of our industry-leading technology.”

About Cushman & Wakefield 
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and 60 countries. In 2020, the firm had revenue of $7.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter. 

About Snappt
Snappt, a Los Angeles based real estate technology company, provides a quick and inexpensive data-driven fraud detection service that accurately spots fraudulent financial documentation. Snappt is used by 5 of the top 6 property management firms in the U.S.

Cushman & Wakefield Media Contact

Michael Boonshoft New York Communications
Michael Boonshoft

Director, Americas PR & External Communications • New York

 

Related Insights

Global Cities Americas Card
Research • Retail

Americas

Need information for your retail strategy beyond Fifth Avenue in New York or where to find luxury goods in San Francisco? Learn more in our Americas Global Cities Retail Guides.
generic-building-1
Research • Valuation

Figuring out Actual Returns in Today’s Commercial Property Markets

2018 was a strong year for Australian Commercial Real Estate with yields in many sectors and markets reaching record lows. While the current 2019 outlook shows some risk issues emerging, Australian commercial real estate yields remain relatively attractive compared to interest rates, bonds and many offshore property markets.
Robert Timmermans • 9/6/2019
2019 US Industrial Construction Map
Research • Industrial

Industrial Construction Map

Use Cushman & Wakefield's interactive map to find out how much industrial commercial real estate construction activity is taking place in select United States cities.
7/6/2022

CAN'T FIND WHAT YOU'RE LOOKING FOR?

Get in touch with one of our professionals.

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on  Cookies

More Options
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS