Following several months of negotiations, we're very pleased at MetroIntelligence to announce the latest in a series of strategic alliances with RealFacts, a leading provider of data for investment-grade apartment communities in multiple states throughout the U.S. This new alliance, forged along with Beacon Economics, will allow both companies to tap RealFacts' proprietary database and software for market studies, speeches and articles on economics and the housing market.
With its 15-year history of data for individual apartment complexes, RealFacts provides a much greater level of specificity than its competitors, and since we've been using their data for apartment-related market studies since the early 1990s, we thought an alliance would make a greaf fit.
Each quarter, RealFacts re-surveys 96% of their entire database, which now totals 3 million units in 12,208 complexes totalling 2.6 billion square feet of residential space. And, with 136 separate fields in each RealFacts project profile, their clients generate more than 2,000 reports each week.
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