Revolution RE

Thanks Vidur Gupta at Beekin ®, we appreciate the shout out and love to be a part of the #analytics and #businessintelligence conversation. A 14% bump in revenue? Imagine what even a fraction of that could do to the value of a multifamily portfolio.... incredible impact. 🔥 🔥 🔥 Go #data #dataanalytics #multifamily

Happy Pi Day everyone! To celebrate our favorite financial concept / dessert, we are proud to announce that we have added 'Pie' charts to our available visualization types in the Revolution RE Business Intelligence for multifamily properties dashboards. We love to give demos so if you want to see how to add Pie Charts to your portfolio visibility, schedule one today! 🎉🎉🥧🥧🔥🔥🥧🥧 https://lnkd.in/gTE_eC4c #data #dataanalytics #BI #apartments #multifamily #businessintelligence #piday #pie #piecharts #datavisualization #realestate #commercialrealestate #CRE #housing #rentals

We invite you to join our CEO, Elizabeth Braman, talk Data with Evan Happel on the Boss Talks Show - Live! #data #multifamily #BI #insights #market https://lnkd.in/gryfiN9f

Preparing for the AI and Data Revolution in the Multifamily Industry: What to Expect in 2024 https://lnkd.in/guZ5pUbi #Ai #Business #Datasets #Decisions #MultifamilyIndustry #Performance 🔥

Big thanks to Matt Knight for having our CEO Elizabeth Braman, CCIM on his episode, "The Great BI Bake-off of 2024," featuring three of the top platforms in the multifamily industry for business analytics.#businessintelligence #proptech #data #multifamily #apartment #analytics #marketing

Zero rent growth for Year 1? That seems to be the consensus view for underwriting multifamily acquisitions in 2024. And yet buyer appetite is still pretty high. I don't know if there's been another period in modern history quite like this one -- expectations for short-term softness followed by longer-term upside. In the past, investors would be waiting for clear signals that the market was already in recovery. (And some still are.) Why is this cycle different? Because in 2024, the biggest headwind happens to be the easiest one to forecast -- supply, supply, supply. Forecasting is an inexact science, but supply is simply starts pushed forward 12-24 months. And since starts have plunged over the last year and should continue to fall, it's pretty clear we'll see a lot less supply by the second half of 2025 and into 2026-27. Apartment occupancy and rents are falling in 2023-24 due to a 50-year high in supply. There's a remarkably clear correlation between submarket-level supply and rents. Rents are falling where supply (in big numbers) is going. Rents are still growing where supply is not. It's all about supply. If you take elevated supply out of the equation, rents would still be growing nearly everywhere today due to robust demand for apartments. That isn't to say there aren't other risks. The biggest one: If the economy finally hits a snag and enters the recession that economists have perpetually warned (for the last decade) is a year or two away, that would obviously be problematic. But for now, we continue to see the same headlines month after month -- "Job numbers beat economists' expectations" -- to the degree that it feels like the Bill Murray classic "Groundhog Day." That's a real risk, but absent that scenario: The long-term demand tailwinds remain very much in tact. Unemployment remains low, and Boomers reaching retirement age brings upside to younger workers in prime apartment-renting age. Inflation is cooling, and consumer confidence (while still low) is rebounding at one of the fastest clips on record. Young adults today are taking longer to get married and have kids (two drivers to single-family homes), thus extending their apartment stage of life. Wages are growing faster than rents again (and should continue to do so through 2024), widening the demand funnel. Sustained work-from-home movement points to more single-occupant units than in past cycles (particularly for Class A). We are of the view that the current supply spike is a once-in-a-generation event resulting from a perfect storm unlikely to be repeated any time soon: cheap debt, ultra-high demand, cap rate compression between asset classes, and capital relocating from office. Supply will eventually rise again, but unlikely at these levels. So with supply dropping off by 2H'2025 and into 2026-27, if you are fairly optimistic about the economy, you should be fairly optimistic on apartment performance. But short term? Gonna be bumpy. #multifamily #apartments #CRE

Two of our favorite industry leaders Mike Brewer and Savannah W. on one show? Worth a listen! #data #multifamily #operations #management #leadership 🔥 🔥 🔥

Many thanks to the team Bolster for the beautiful and thoughtful work they did putting together an Omakasa for us! Pretty incredible work if you ask us: https://lnkd.in/g7nqXMrw And they were a pleasure to work with... Shout out to one of favorite investors and friends, Namek T. Zu'bi for making the intro. Thanks Namek! #design #proptech #creative #strategy #data #multifamily #apartment #analytics #brand #leadership #marketing

See you all there!! #innovation #multifamily #data #technology #AI #leadership #dataanalytics

Several items have become more prevalent or were added during the pandemic—staying put long after.