REAL ESTATE TECHNOLOGY
businesswire | November 10, 2020
HouseCanary Inc, a nationwide brokerage and leading provider of residential real estate analytics, home valuation tools and integrated customer engagement platforms, today announced that it has been recognized by Fitch Ratings as a top automated valuation model provider for the second consecutive year. HouseCanary believes this recognition reflects the growing understanding across the residential real estate ecosystem of the necessity for more accurate AVMs. AVMs are used to estimate the ongoing market value of residential real estate, and help consumers, lenders and investors alike instantly and accurately assess the value of a property in a quick and cost-effective manner. Now more than ever, AVMs are driving innovation in the real estate and mortgage industries due to increased accuracy, innovation, processing power and the availability of robust data.
REAL ESTATE TECHNOLOGY
Placer.ai | November 12, 2021
Placer.ai, the leader in location analytics and foot traffic data, released its Void Analysis tool today. Void Analysis is an easy-to-use interactive tool that empowers shopping center owners or leasing representatives to find the ideal tenants for any retail space. Prospective tenants are ranked and ordered based on a variety of factors, and a list of tenants is then automatically produced, quickly identifying the ideal candidates and candidate types for any vacant retail space.
"The retail real estate market is experiencing an unprecedented moment of change and the role of data in guiding decision-making is only increasing. Placer's Void Analysis tool enables CRE professionals to rapidly identify the ideal fit for any retail space based on a variety of critical factors. With this information, ideal candidates can be quickly identified and the pitch strengthened with objective, reliable location analytics. The result is a unique opportunity to help CRE professionals make better decisions, and faster than ever before."
- Placer.ai Co-Founder and CEO Noam Ben-Zvi.
Void Analysis consists of two main elements:
Analyze top tenants
Top potential tenants for any shopping center vacancy based can be identified based on their Relative Fit Score (RFS).
The Relative Fit Score is based on several parameters including demographic fit score (DFS), cannibalization rate, average monthly foot traffic, and co-tenancy fit.
Learn more about potential tenants
Dive deep into the match between your shopping center and a
prospective tenant, including the breakdown of which factors suggest strong potential success.
Gain a detailed look at key metrics like household income, gender, age, frequent co-tenants, and other parameters to help sharpen the focus and customize the search to account for more variables.
Void Analysis is currently available to all Placer.ai subscribers.
Silicon Valley-based Placer.ai is the most advanced foot traffic analytics platform, allowing anyone with a stake in the physical world to instantly generate insights into any property for a deeper understanding of the factors that drive success. Placer.ai is the first platform that fully empowers professionals in retail, commercial real estate, hospitality, economic development, and more to truly understand and maximize their offline activities.
REAL ESTATE INVESTMENT
Indio Management | December 27, 2021
Indio Management, a Dallas leader in property management solutions, has accepted a new management assignment from Magma Equities for Vista Azul, a 248-unit community located on Clydedale Drive, ten miles north of Downtown Dallas.
This is Indio's first partnership with Magma equities, allowing the management company to expand upon its growing client base. This assignment fits Indio well, as the majority of its current properties span the 10-mile radius surrounding Dallas' core.
We're always excited to bring on new clients and embrace challenges. We look forward to creating positive change for the prospects and residents at Vista Azul."
Founder and President of Indio Management, Seth Bame.
The garden-style community offers a combination of studio, one-, two-, and three-bedroom apartments which range from 500 square feet to 1,040 square feet. These units have been newly remodeled to include a full kitchen appliance package, faux hardwood flooring, built-in shelving, and patios or balconies in select units.
Vista Azul also offers a comprehensive list of community amenities, including a fitness center, business center, controlled access gate, and picnic area outfitted with a grilling station.
Vista Azul was recently renovated, and the addition of our services will further enhance the overall experience within the community. We make it a priority to create or enhance neighborhoods where we can, and we're excited to make that happen here with Vista Azul."
About Indio Management
Indio Management has been a leading provider of professional property management services throughout Texas since 2011. Indio is inspired and driven to offer quality apartments, superior customer service, and memorable living experiences. Entrepreneurial, unorthodox, and responsive, Indio manages assets as they are their own and treats residents like family–their approach is the kind not taken by traditional property management groups. Indio brings a special brand of full service, institutional-like property management capability that prioritizes relationship building.