Beach Investment Management Improves Its Acquisition Process with Yardi Matrix

Market intelligence tool holds status as ‘another expert in the room’ for
decision-making

SANTA BARBARA,
Calif., Jan. 29, 2020 – Beach
Investment Management, an affiliate of The Beach Company, often has multiple property
transactions in progress and dozens more under consideration. Instead of being overwhelmed
by this volume, the company makes informed acquisition and investment decisions
using Yardi®
Matrix, a comprehensive market
intelligence tool for investment
professionals, equity investors, lenders and property managers who underwrite
and manage real estate investments.

“Yardi Matrix
lets us see not only rents in the area but also key demographic data such as
median area income, home prices, population growth and occupancy rates. This is
the granular data that we need to identify strong acquisition opportunities,”
said Darby Parker, Acquisitions Manager for Beach Investment Management. “It’s
great to have the macro view, but we need the live, minute-to-minute detail on
properties and submarkets that Yardi Matrix provides. We can get this
information fast, often while mobile. 
Yardi Matrix is truly an invaluable data source.”

Data collected by
Yardi Matrix helps The Beach Company understand whether a local market can
support rent increases, and what property repair and maintenance costs can be
expected. This data and additional information on residential, commercial and regional
housing markets can be turned into comps or documents for underwriters,
analysts, investors and others.

“Yardi Matrix is
like having another expert in the room who helps us reach a decision and
identify appropriate action. It provides unparalleled market exposure and
insight,” Parker said.

Schedule a
demo to see how Yardi Matrix drives better decisions on property
prospecting, underwriting and asset management.

About Beach Investment Management

Beach Investment Management is the manager
for The Beach Investment Fund, a discretionary fund aimed at investing in
select multifamily real estate properties throughout the southeastern United
States. Utilizing The Beach Company’s extensive background in real estate
investment, development, and management, the Fund acquires multifamily
properties and implements a clear, discernible strategy to improve operations,
increase cash flows, and ultimately create significant value for both tenants
and investors.  For more information,
contact Louie Soffner at [email protected].

About The Beach Company

Founded in 1945 and based in
Charleston, S.C., The Beach Company is well known for real estate development
and has a diverse set of interests including residential and resort properties,
office buildings, shopping centers, industrial parks and land across the
Southeast. For more information, visit thebeachcompany.com.

About Yardi Matrix

Yardi® Matrix offers the industry’s most
comprehensive market intelligence tool for investment professionals, equity investors,
lenders and property managers who underwrite and manage investments in
commercial real estate. Yardi Matrix covers multifamily, student housing,
industrial, office and self storage property types. Email [email protected], call (480) 663-1149 or visit yardimatrix.com to learn more.

About Yardi

Yardi^® develops and
supports industry-leading investment and property management software for all
types and sizes of real estate companies. Established in 1984, Yardi is based
in Santa Barbara, Calif., and serves clients worldwide. For more information on
how Yardi is Energized for Tomorrow, visit yardi.com.