About
The multifamily sector is becoming aware of the high economic cost from the lack of standardization. Firms regularly receive vast troves of valuable data that they are unable to mine or capitalize on. Without a standard for exchanging this data, analysts spend 80% of their time populating models, rather than focusing on the assumptions. Moreover, these models tend to become corrupted over time, with errors that propagate across transactions. ResiModel is a cloud-based, database and valuation platform for commercial real estate that addresses this need for standardization in the multifamily sector. Our fully-integrated Excel+Cloud platform enables clients to easily normalize non-standardized property data and run operating comps across similar properties. They can also enter underwriting assumptions and generate institutional-quality, Excel-based cash flow projections, which are the product of extensive feedback from over 300 leading real estate professionals.