Yardi Matrix Expands Multifamily Market Intelligence Service to 100 U.S. Markets
- Jun 19, 2015
Santa Barbara, Calif.—After 14 years of a steadily expanding service footprint, Yardi® Matrix, a business development tool that delivers real-time market intelligence on multifamily properties, now covers 100 markets across the U.S.
Yardi Matrix provides overall market trends, property-level information and other data for more than 63,000 multifamily properties with 50+ units totaling more than 12 million units. Real estate owners, investment sales brokers, debt and equity investors, and other stakeholders use this information to identify new deal opportunities, mitigate risk and drive investment portfolio value.
Yardi Matrix developed out of the acquisition of Pierce-Eislen by Yardi® in 2013. The service covered 58 markets at that time.
“Yardi is pleased to provide real estate professionals with the most detailed, accurate and comprehensive apartment property database in the industry,” said Jeff Adler, vice president of Matrix for Yardi. “As we pass the 100-market milestone, we’ll keep looking for ways to improve the product and add even more value for our clients.”