By ET Bureau - June 16, 2022 2 Mins Read
CompStak, the nationwide provider of commercial real estate lease comps, sales comps, and property information, today announced new data integrations with RealPage, a leading global provider of software and data analytics to the real estate industry. CompStak customers can now access select RealPage data covering the multifamily housing market in addition to their existing office, retail and industrial data.
“This is a great win for customers of CompStak, who can now access the industry’s best multifamily data on their platform,” said Scott Herring, VP, Market Analytics at RealPage.
With the integration, CompStak customers will be able to license RealPage multifamily data and view it within the CompStak platform. This data, which includes details on floor plan/unit mix, asking and effective rent for each floor plan/unit type, trends, and other property-level information, will be visible within CompStak’s lease comp search, property pages, and Analytics Suite. CompStak users can actively benchmark their assets to the market, make acquisition decisions, and leverage RealPage multifamily data for analysis and forecasting, all without leaving the CompStak platform.
“Our clients have continued to diversify their portfolios to include properties in several asset classes and have sought to understand the market dynamics of every asset class in one place,” said Michael Mandel, Co-Founder & CEO of CompStak. “Multifamily data has been the number one request from those clients, and we couldn’t be happier to partner with RealPage, the industry leader in this area.”
“From the time that RealPage first invested in CompStak, we had aspirations to find exciting ways to work together,” noted Mandel. “We are eager to see how CompStak users combine datasets to drive value for their portfolios.”
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