IRVINE, CA—With CoreLogic's recent new hires and investment into the multifamily arena, the sector represents a "crucial and exciting frontier" for the firm, managing director, information services Olumide Soroye tells GlobeSt.com. We spoke exclusively with Soroye about the property-information, analytics and data-enabled services provider's recent moves and what it says about the industry.
GlobeSt.com: What stands out for you the most about your firm's recent new multifamily hires?
Soroye: These two leaders have a deeply held passion to make a big difference in the multifamily industry, and they have the capabilities to make it happen, leveraging the full faith and credit of CoreLogic. We are excited to leap into the future with the benefit of their refreshed vision and leadership.
GlobeSt.com: What spurred your firm's refocus on the multifamily market?
Soroye: Our vision as a company is to power the real estate economy with superior data, analytics and data-enabled solutions. We have achieved that vision in the single-family housing space, where we serve realtors, lenders, insurance companies, appraisers, regulators and investors more broadly and deeply than anyone else. With the significant and growing share of multifamily segment in the overall housing mix, we aspire to increase significantly our impact on multifamily in line with our vision to power the real
estate economy.
GlobeSt.com: Why is now the right time for this refocusing?
Soroye: This year is our 5th anniversary as a public company, and we are proud of our journey so far. We are excited about the future, and we are selecting a few additional strategic frontiers for our company to make a big difference. Multifamily is one of those areas for us.
GlobeSt.com: What else should our readers know about your firm?
Soroye: CoreLogic is a leading global property information, analytics and data-enabled services provider. We are listed on the New York stock exchange and valued at well more than $3 billion. Our scale gives us the capacity to transform the industries in which we participate. We look forward to doing more in the multifamily space.
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Carrie Rossenfeld
Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.
