Radix completes acquisition of redIQ to enhance multifamily market research and underwriting
08/26/24, 7:19 PM
Location
scottsdalenew yorkIndustry
real estate
financial services
software
Radix, a pioneer in multifamily market research, performance, and data analytics, has announced the acquisition of redIQ, the leading multifamily industry provider of comprehensive underwriting software and insights for investors, acquisition teams, brokers, and lenders. This strategic acquisition aims to enhance Radix's platform by integrating redIQ’s underwriting and analytics data to provide complete asset life cycle insights for all stakeholders, creating the most comprehensive market data resource available to investors, owners, operators, acquisitions teams, and renters.
Company Info
Location
Scottsdale, Arizona, United States
Company info
Radix is on a mission to change how the industry makes decisions by equipping teams with real-time data and visualization tools which produce reliable and insightful market trends. Radix has created a shared data ecosystem as the foundation for a software solution that helps multifamily users drive top-line revenue growth. With 7 million+ active units on the Radix platform, our ecosystem is one of the largest in the industry, which will allow us to build the best predictive and prescriptive platforms to further help our clients make better, faster decisions in times of rapid change.