Janover Advances SaaS Platform with AI-Powered Natural Language Search
January 29 2025 - 8:30AM
Janover Inc. (Nasdaq: JNVR) ("Janover" or the "Company"), an
AI-enabled platform connecting the multifamily and commercial real
estate industry, today announced the launch of advanced artificial
intelligence search capabilities within Janover Pro, its leading
multifamily and commercial property financing B2B SaaS marketplace.
The new AI-powered search functionality enables
multifamily and commercial real estate professionals to efficiently
identify suitable lenders by simply describing their loan scenarios
in natural language with the AI triaging millions of data points in
seconds to deliver critical results. “This represents a significant
advancement in streamlining the multifamily and commercial property
capital markets process, allowing better connectivity among nodes
in the dense multifamily and commercial real estate capital markets
network,” said Blake Janover, CEO of Janover.
One satisfied Janover Pro user describes his
experience of recently closing a loan using Janover Pro in just one
month, “I took this loan to market through Janover Pro, we
identified 8 possible bridge lenders for the sponsor, submitted the
debt memorandum, and immediately received interest from three
lenders. Two issued term sheets, but we chose the lender who agreed
to finance 65% of the $4,200,000 purchase price and $750,000 in
construction costs.”
“This is what it’s about,” said Mr. Janover.
“Our commitment to delivering the latest technologies to streamline
processes and solve real-world challenges in capital markets,
creating better outcomes for borrowers, lenders, and
intermediaries.”
About Janover Inc.
Janover (Nasdaq: JNVR) is an AI-powered online
platform that connects the multifamily and commercial real estate
industry by providing data and software subscriptions as well as
value-add services to multifamily and commercial property
professionals as we connect the increasingly complex ecosystem that
stakeholders have to manage.
We currently serve hundreds of thousands of web
users annually, including multifamily and commercial property
owners and developers applying for billions of dollars of debt
financing per year, professional service providers, and thousands
of multifamily and commercial property lenders including more than
10% of the banks in America, credit unions, real estate investment
trusts (“REITs”), debt funds, Fannie Mae® and Freddie Mac®
multifamily lenders, FHA multifamily lenders, commercial
mortgage-backed securities (“CMBS”) lenders, Small Business
Administration (“SBA”) lenders, and more. Our data and software
offerings are generally offered on a subscription basis as software
as a service (“SaaS”). Additional information about the
Company is available at: https://janover.co/.
View the Company’s latest investor presentation
here.
Forward-Looking Statements
This release contains “forward-looking
statements” within the meaning of the safe harbor provisions of the
U.S. Private Securities Litigation Reform Act of 1995.
Forward-looking statements can be identified by words such as:
“anticipate,” “intend,” “plan,” “believe,” “project,” “estimate,”
“expect,” strategy,” “future,” “likely,” “may,”, “should,” “will”
and similar references to future periods. Forward-looking
statements are neither historical facts nor assurances of future
performance. Instead, they are based only on our current beliefs,
expectations and assumptions regarding the future of our business,
future plans and strategies, projections, anticipated events and
trends, the economy and other future conditions. Because
forward-looking statements relate to the future, they are subject
to inherent uncertainties, risks and changes in circumstances that
are difficult to predict and many of which are outside of our
control. Instead, they are based only on our current beliefs,
expectations and assumptions regarding the future of our business,
future plans and strategies, projections, anticipated events and
trends, the economy and other future conditions. Our actual results
and financial condition may differ materially from those indicated
in the forward-looking statements. Therefore, you should not rely
on any of these forward-looking statements. Important factors that
could cause our actual results and financial condition to differ
materially from those indicated in the forward-looking statements
include, among others, the following: (i) the effect of and
uncertainties related the ongoing volatility in interest rates;
(ii) our ability to achieve and maintain profitability in the
future; (iii) the impact on our business of the regulatory
environment and complexities with compliance related to such
environment; (iv) our ability to respond to general economic
conditions; (v) our ability to manage our growth effectively and
our expectations regarding the development and expansion of our
business; (vi) our ability to access sources of capital, including
debt financing and other sources of capital to finance operations
and growth and other risks and uncertainties more fully in the
section captioned "Risk Factors" in the Company’s Registration
Statement on Form 1-A related to the public offering (SEC File No.
024-12458) and other reports we file with the SEC. As a result of
these matters, changes in facts, assumptions not being realized or
other circumstances, the Company's actual results may differ
materially from the expected results discussed in the
forward-looking statements contained in this press release.
Forward-looking statements contained in this announcement are made
as of this date, and the Company undertakes no duty to update such
information except as required under applicable law.
Company Contact:Bruce S. Rosenbloom, CFOTel:
(561) 782-2788Email: IR@janover.co
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