Company Name: Yardi Matrix
Address: 9200 E. Pima Center Parkway, Suite 150
Scottsdale, AZ 85258
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
Concessions (both the value and % of gross rents, plus type)
Gross unit rents and effective rents
Rent per square foot
Unites planned/under development
Apartment demand (Absorption)
Units planned/under development
DATA METHODS AND SOURCES
Property types tracked
All multifamily properties with 50+ units
Total units tracked
14 million units
Total properties tracked
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.