Lobby CRE

RATING:

4.2

(15)

About Lobby CRE

Lobby CRE is an asset and portfolio management platform designed by commercial real estate experts and tested on our own portfolio. Leveraged by owners/operators, asset managers, property managers, analysts, and other stakeholders, firms are using Lobby CRE to drive performance across asset, debt, and equity. With the ability to "see around the corner," professionals are capturing critical insights that enable them drive performance and optimize cashflow across assets. Benefits of Lobby CRE include: • Bypass data silos across property management systems or even spreadsheets. • Make proactive decisions with real-time data and insights at your fingertips. • Automate weekly, monthly, and quarterly reporting processes. • Configure metrics based on performance concerns (70...

Lobby CRE Pricing

Starting price: 

$1,500.00 per month

Free trial: 

Not Available

Free version: 

Not Available

Analyze financial performance across more than 400 standard metrics and KPIs
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Lobby CRE Reviews

Overall Rating

4.2

Ratings Breakdown

Secondary Ratings

Ease-of-use

4

Customer Support

4.5

Value for money

4.5

Functionality

4

Most Helpful Reviews for Lobby CRE

1 - 5 of 15 Reviews

User Profile

Eddie

Verified reviewer

Real Estate, 2-10 employees

Used weekly for less than 12 months

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed August 2023

What a great platform

PROS

Help with Dashboards for asset management.

CONS

At this point. We are very happy with their follow up and growth of more useful tools.

Vendor Response

Thank you for the positive feedback, Eddie!

Replied August 2023

George

Real Estate, 2-10 employees

Used weekly for less than 6 months

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed June 2023

An Excellent Way to Monitor your Portfolio

Getting far closer to being able to have a "landing page" for each property to keep everyone informed with the properties and keep myself better involved in the monthly financials without a major amount of spreadsheet and data entry work.

PROS

That it's intuitive and that there are people to help directly with the setup so that you can get on board faster. I also very much appreciate that it's generally up to date with what is going on with each property.

CONS

It can be difficult to know what the most recent updated information is in the system. I found myself setting for a recent date and only getting partial or no information. But, if I go back a month, it usually works well. But I can't tell for sure what is available to view and when some data pulls and other data does not, because it's not available, it can be misleading. Also, document storage could be better.

Reason for choosing Lobby CRE

LobbyCRE linked directly with the property manager's software, much easier to use and better results in looking at data involved.

Reasons for switching to Lobby CRE

Because LobbyCRE linked directly with the property manager's software for the most updated information, it was very slightly cheaper and I had been using Statval.

Mary

Real Estate, 51-200 employees

Used monthly for less than 6 months

Review Source: Capterra

OVERALL RATING:

2

EASE OF USE

1

VALUE FOR MONEY

1

FUNCTIONALITY

3

Reviewed August 2023

Not worth it so far

Do not recommend.

PROS

Was supposed to be free since I contributed data but wasn't.

CONS

Not easy to use. Data not available in the markets I needed.

Reasons for switching to Lobby CRE

Because they forced it.

Vendor Response

Hi Mary, Thank you for your feedback. As an Income/Expense IQ Benchmark user, please know that our support team (support@lobbycre.com) is always available as a resource if you have any questions or need assistance navigating the platform. All organizations that submit property data towards the Income/Expense IQ Benchmark receive a token. If that is not the case, please contact support@lobbycre.com. The Income/Expense IQ Benchmark program is a collaboration between Lobby CRE, IREM, NAA, and BOMA in which professionals can volunteer to submit property data. To ensure that benchmark data is statistically relevant, there must be a minimum number of submissions for it to be available in the platform. We encourage participants to communicate this with other professionals in their market(s), so there's a better chance of benchmark data being available across MSAs and property types. We hope this helps and we thank you again for your feedback. The Lobby CRE Team

Replied August 2023

Joseph

Real Estate, 2-10 employees

Used weekly for less than 6 months

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed December 2023

Excellent Portfolio Management Tool

PROS

It is very easy to identify all of the core KPIs we need to track across all of our various operating partners. Additionally, being able to reduce significant amounts of time previously spent manually editing spreadsheets has been invaluable as well.

CONS

Like with every product, there has been some delay in some functions being available in addition to it taking longer than expected to roll everything out.

Joseph

Real Estate, 51-200 employees

Used daily for less than 6 months

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed April 2023

Lobby CRE captures the future of Data Analytics in easy-to-use Dashboards.

The demo was great. The support has been excellent. The implementation was easy and fast. The dashboards are amazing, and we've started to look at some of our data differently thanks to Lobby.

PROS

The integration to our existing systems was seamless and the fastest I've ever been a part of. The Dashboards are excellent and the ability to create and tweak them is so easy and intuitive.

CONS

I am happy with everything Lobby CRE already does, and my only wish is that it did more. I know there are things coming down the pipeline in development and I am really excited to see what they are and how they further improve Lobby CRE towards making it the one stop place for all our financial needs.

Reasons for switching to Lobby CRE

We needed a more modern and technologically advanced program that would allow us to better manage our finances and operations through enhanced data analystics. This handles both aspects very well.

Vendor Response

Thank you for your feedback, Joseph!

Replied April 2023