Offerd, the multifamily Acquisitions-as-a-Service platform specializing in sourcing large and off-market complexes with predictive analytics, announced a series of significant upgrades to its market-leading platform. The technology features large volumes of data displayed in a visually rich environment, allowing capital groups to target new markets and specific properties.
Offerd augments the technology with services such as making offers to property owners on behalf of partner capital groups. New features in the platform include expanded research capabilities, seamless communications to optimize active strategies, and enhanced visibility into ongoing campaigns.
“Nearly half of all multifamily acquisitions are still made by the same handful of investors with strong acquisition capabilities in-house. Meanwhile, the multifamily market has made it through the pandemic with greater resilience and vitality than every other real estate segment — there’s undeniable potential here for investors in every category,” said Travis Farese, founder and CEO of Offerd. “Our core mission is to broaden the universe for this critical discipline: The Acquisitions-as-a-Service model gives investors of all types the same level of sourcing, research, marketing, negotiation, transaction and remodel capabilities that are otherwise available only to the largest multifamily operators. We recognize the need for constant progress in this industry, and we’re proud to expand our market reach with new offerings to achieve even greater success.”
The company’s full portfolio of services is designed for one specific purpose: to facilitate additional deal flow. Offerd works with many multifamily operators, some without the resources or capabilities to focus on more than one market at a time. It delivers integrated services that identify prospects fitting specified parameters, conduct research, commence negotiations, facilitate due diligence and financing, and accelerate closing.
The Offerd platform features a database with 100,000 multifamily properties around the country, most of them off-market. It includes rich algorithms, data and demographics that encompass rents, valuations, likelihood to transact, occupancy rates, demographic shifts, neighborhood incomes, population forecasts, educational levels and more. The data is combined with proprietary analytics and software to evaluate historical, current and forecasted national, market, sub-market and property-level facts and trends. The company blends technology, proprietary information, market expertise and a nationwide network of contacts to execute targeted sourcing campaigns customized to meet each partner’s specific acquisition strategies, it said.
