News

redIQ’s Multifamily Analytics and Underwriting Platform Soars in 2018

redIQ’s Multifamily Analytics and Underwriting Platform Soars in 2018

Company now represents 9 of 10 top multifamily brokerages and 6 of 10 leading acquisitions teams in the nation

New York, NY | December 18, 2018

With two weeks remaining in 2018, redIQ can now report on our significant growth and success during this past year.

redIQ’s mission is to become the universal standard for identifying and closing better deals more quickly and more confidently. To demonstrate our progress in fulfilling that mission, consider that in 2018 redIQ users:

  • Processed 100,000 rent rolls
  • Uploaded 35,000 historicals
  • Created nearly 50,000 deals

redIQ now represents six of the top 10 multifamily acquisitions teams in the nation and nine of the top 10 brokerages. In addition, 20 percent of all multifamily transactions in 2018 went through redIQ.

We are committed to providing our clients with better insights and faster underwriting, empowering them to make smarter and more profitable investment decisions. In 2019 we will roll out several exciting new features that will enhance our ability to standardize our users’s data, provide rich and meaningful insights, and underwrite more quickly and accurately than ever before. 

If you are interested in seeing a live demo of the redIQ platform, please visit www.rediq.io/demo.

To receive the latest insights into the multifamily market delivered straight to your inbox, sign up here.