BI:Radix, the nation’s fastest growing multifamily market survey (BI) platform, today announced that it has surpassed one million participating apartment units in the U.S. since launching the innovative platform in 2015.
“We are incredibly excited with how quickly the industry has embraced a better way to obtain actionable market data” says Blerim Zeqiri, co-founder and CEO of BI:Radix. As a former VP of both revenue management and asset management for a top 10 multifamily operator, Zeqiri is no stranger to the challenges of gathering and utilizing competitive marketplace data. “BI:Radix was born out of necessity and frustration for the lack of options available” said Zeqiri, adding that, “It was our strong conviction that operators shouldn’t have to spend more time gathering data than actually using it to make decisions and improve portfolio performance.”
The list of BI:Radix customers is an impressive compilation of the nation’s leading owners and property management companies. Early adopters include Alliance Residential Company, AEW, Raintree Capital, Wood Partners, Sares-Regis, Woodmont Real Estate Services, and JP Morgan Asset Management; and strong growth continues with the more recent additions of Avenue5, Pinnacle Property Management Services, CREA, Gates Hudson, Redwood Residential, Shelton-Cook, Western Wealth Capital, and many others.
“We have found BI:Radix to be an invaluable tool here at Pinnacle as it allows our teams to be accurate, efficient and data driven. The dashboard is easy to use and the reports are always clear, concise and consistent. We look forward to a long-lasting partnership,” said Alex Sampson, Vice President of Operations with Pinnacle. Sarah Cahill, Regional Manager with Gates Hudson agrees: “BI:Radix is an incredible customizable platform that has saved our team lots of time, giving us market insights that would normally take hours to compile manually. Our owners also love the reporting. I’ve shared this great tool with peers and many immediately signed up after seeing the demo!”
Zeqiri and co-founders Alex Viderman and Eugene Kobrinsky already have the two million mark in their sights. According to Kobrinsky, “Our customers’ delight with the platform further affirms and motivates us to make BI:Radix the multifamily standard for market (comp) surveys.”
BI:Radix is a market survey platform designed specifically for the multifamily housing industry to provide actionable data and analytical tools that allow owners and operators to accurately assess and strengthen their position in the competitive marketplace. Since inception in 2015, the BI:Radix platform focuses on streamlining the market survey process to save time and money, while creating greater data consistency and broader collaboration within the organization. BI:Radix provides unique, intuitive insight on complex and ambiguous data, empowering users to improve performance through more informed decisions.