Strong Market Surveys Can Optimize Your Comp Shopping Efforts

There are numerous benefits to optimizing and streamlining your market survey process. To start with, when you have reliable real-time data about your competitors’ rental and occupancy rates, you understand exactly how your community compares to its comp set and you can make truly informed pricing decisions. Also, when your busy onsite teams use an […]

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National Apartment Association
How to Get the Right Data

In today’s apartment landscape, let it never be said that apartment operators lack access to data. Whether it’s a community’s own data, revenue management data, marketing data or market surveys of competing communities, or metro area/submarket reports produced by third parties, there has been a serious uptick in the availability of metrics and business intelligence […]

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Generating Submarket Data the Right Way

When apartment operators are evaluating the performance of their communities, data about the surrounding submarket is absolutely critical. But not all submarket data is created equally. Although metro market reports produced by research organizations have an undeniable value in the assessment of a market’s performance, it would be a mistake for operators to rely on […]

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Faster, More Accurate: Alliance Residential Uses Radix to Transform its Market Survey Process

When evaluating the pricing of its communities, Alliance Residential likes to use a wealth of information. The operator considers the macro data contained in monthly and quarterly MSA market reports produced by third parties such as Reis and others. But when it comes down to it, it’s impossible to top the importance of micro data. […]

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Is Web Scraping the Answer?

Recently I’ve heard many people talking about the wonders of scraping websites and how it will solve all of our data gathering problems. And unfortunately, I must disagree. But before delving into why I believe web scraping is a flawed practice, it is important to truly understand what it is. While web scraping can be […]

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Radix Software Grows Portfolio to 2M Homes

The multifamily software, which surveys multifamily comps, has reached 2 million apartment homes. Multifamily software company Radix has grown its portfolio to 2 million apartment homes. The cloud-based software has reached 2 million active apartment homes. Company leadership says that the benchmark is a testament to the firm’s ability to transform the creation of market […]

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Newly Renamed Radix Reaches the 2 Million Unit Mark

The new name reflects company’s mission of being the source of apartment comp data SCOTTSDALE, Ariz. – Sept. 17, 2019 – Radix, the provider of an innovative, cloud-based market-survey solution that produces true apples-to-apples comparisons between multifamily comps, today announced it has reached 2 million active apartment homes. The company, formerly known as BI:Radix, also […]

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Don’t Worry Too Much about Average Metro Rents – It’s the Rents of Your Comps that You Really Want

When it comes to apartment market data, it’s important to make a distinction between “macro” and “micro.” Macro data refers to statistics like a metro area’s average rent or its occupancy rate. Micro data refers to the average rent or vacancy rate of a competitive set of communities. Think of it in terms of a […]

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Why Casting a Wide Data Net Isn’t Always the Best Approach

When it comes to understanding your apartment community’s performance, it certainly doesn’t hurt to look at as much market data as possible. Monthly and quarterly market reports compiled by research and brokerage firms about your metro area are worth reviewing, but they also have limitations. By the time they arrive on your desk or in […]

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In the Beginning:
BI:Radix Helps Redwood Residential and Maverick Residential
Get Off on the Right Foot

When Redwood Capital Group decided to launch its management division, Redwood Residential, Mary Herrold knew the new company could benefit from a departure from the traditional market survey process. She knew they needed something simple, innovative, comprehensive and streamlined. A multifamily veteran with nearly 30 years of experience in the industry, she is all too […]

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