Company Name: Yardi Matrix

Address: 9200 E. Pima Center Parkway, Suite 150

Scottsdale, AZ 85258

Website: http://www.yardimatrix.com/

Contact Name:  Ron Brock, Jr.                                                              

Contact Phone Number: 480-663-1149 x2404

Geographic Areas Covered: National

Brief Description of Company and Services:

Yardi Matrix, formerly known as Pierce-Eislen, Inc., was founded in March, 2000, and acquired in July 2013 by Yardi Systems, Inc., a Santa Barbara, California software company focused on commercial real estate industry applications.

Yardi Matrix provides a full spectrum of reporting on apartment inventory, new development, rental market conditions, sales activity, and loan information and expirations. Yardi Matrix provides actual ownership, single-asset entities - limited partnerships, limited liability corporations, or trusts - are pierced, and the actual owner, and how to contact them, disclosed.

 

CURRENT AND HISTORICAL ESTIMATES

Number of apartments

14 million units

Resident demographics

No

Occupancy

Yes

Absorption

No

Turnover

No

Concessions (both the value and % of gross rents, plus type)

Yes

Gross unit rents and effective rents

Yes

Rent per square foot

Yes

Unites planned/under development

Yes

Sales prices

Yes

Cap rates

No

  

FORECASTS

Occupancy

No

Rent growth

Yes

Concessions

No

Apartment demand (Absorption)

No

Units planned/under development

Yes

Sales price     No
Cap ratesNo
 

DATA METHODS AND SOURCES

Property types tracked

All multifamily properties with 50+ units

Total units tracked

14 million units

Total properties tracked

73,000 properties

Frequency of data collection

Live, continuously updated database

Method of data collection

Primary and secondary research

Quality assurance method

Dedicated QA and Analytics Departments

Public data sources used

County Recorder’s Records, County Assessor’s Records, Occupancy rates derived from USPS data

 Note: Firms on the above list provide either data or analysis, or both.