Janover Inc. (Nasdaq: JNVR) (“Janover” or
the “Company”), an AI-enabled platform for commercial real estate
transactions, today announced that its now offering its AI chatbot
interface under a software-as-a-service (“SaaS”) model to a select
number of commercial lenders. The first collaboration is with Gelt
Financial, a leading and innovating commercial real estate lender
providing debt to real estate owners across the U.S. Janover has
named its AI, Burrito, as each conversation “ought to be unique and
delicious” says CEO Blake Janover. Commercial lenders can learn
more and join the waitlist here:
https://janover.co/janover-burrito.
Multifamily, commercial real estate, and Small
Business Administration (“SBA”) lenders can now dramatically
enhance engagement on their website, quickly qualify and disqualify
borrowers, and provide a more delightful experience for website
users. Janover’s AI chatbot interacts 24/7 with users in real-time
to resolve issues, coordinate transactions, and answer questions,
in addition to handling lead generation and qualification. This
technology is set to redefine the way commercial lenders interact
with their clients. By enabling high-empathy, intricate
conversations directly on their websites, the chatbot streamlines
the process of qualifying leads, introducing team members, and
providing rapid responses to user inquiries. Lenders enrolled in
the Janover platform have the priority opportunity to join the
waitlist and enhance their websites with an AI chatbot that totally
“gets” commercial real estate financing and sales. It has been the
subject of significant training and optimization by the Janover
team over the last year in the context of commercial real estate
finance. Click here to join the waitlist.
Blake Janover, CEO of Janover, stated, “This
advancement is not just about enhancing the borrower experience; it
represents a leap forward in increasing productivity for every
employee, customer service agent, and loan originator in banks,
credit unions, private lenders, and more. It’s a first step in
improving processes and productivity for lenders across America on
behalf of all their stakeholders. Our AI application, offered on a
subscription basis, marks an exciting new chapter in our journey.
Sharing our technology with other industry leaders puts us in a
position to become part of the fabric of all the commercial loan
transactions in America while further enhancing the quality and
predictability of our revenue. Our goal is to significantly elevate
the borrower's experience by offering instant connectivity and
feedback, revolutionizing sales, and customer service in the
commercial financial sector. In the future, we aim to add the same
capabilities including email, text, and voice that we currently
have within our core business. We are particularly excited to
collaborate with Gelt Financial, a company at the forefront of
combining borrower experience, thoughtful underwriting, and
technology in the commercial lending space. Their eagerness
to integrate our AI application into their operations showcases
their commitment to staying ahead of the curve.”
Noah Miller, Vice President of Gelt Financial,
commented, “We are extremely excited to be the first to adopt
Janover’s innovative AI chatbot for the benefit of our customers,
borrowers, and staff. This collaboration aligns perfectly with our
mission to leverage cutting-edge technology to enhance our borrower
experiences and to continue to be the most efficient and productive
version of ourselves. We believe that their AI solution is a
perfect fit for us and represents a significant step in redefining
industry standards.”
About Gelt Financial
Gelt Financial, LLC is a private, non-bank
commercial real estate lender and equity provider. Established in
1989, Gelt offers a diverse range of mortgage products, including
first mortgage bridge loans, second mortgages, rescue capital,
foreclosure bailouts, note-on-note financing, no-income
verification loans, and debtor-in-possession financing. In
addition, Gelt Financial specializes in the acquisition and
servicing of sub and non-performing debt. For more information,
please visit: www.GeltFinancialLLC.com.
About Janover Inc.
Janover is a B2B fintech marketplace connecting
commercial property borrowers and lenders with a human touch. The
Company seeks to revolutionize the commercial real estate lending
market by making it hyper-efficient, transparent, and accessible to
all rather than the few. Through the Company’s online platform, it
provides technology that connects commercial mortgage borrowers
looking for capital to refinance, build, or purchase commercial
property, including, but not limited to, apartment buildings, to
commercial property lenders. Borrowers include, but are not limited
to, owners, operators, and developers of commercial real estate
including multifamily properties and most recently, a growing
segment of small business owners, which Janover believes represents
a significant growth opportunity. Lenders include small banks,
credit unions, REITs, Fannie Mae® and Freddie Mac® multifamily
lenders, FHA® multifamily lenders, debt funds, CMBS lenders, SBA
lenders, and more. Additional information about the Company is
available at: https://janover.co/.
To view the latest investor presentation, please
visit https://ir.janover.co/.
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. 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. 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. 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 S-1
related to the public offering (SEC File No. File No. 333-267907)
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.
Contact:Crescendo Communications, LLCTel:
212-671-1020Email: jnvr@crescendo-ir.com
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