Big Data and its Implications to Rental Housing

Data has always been critical to business decisions, and today’s uncertain macro environment has only made data-focused analysis an even greater imperative for real estate investors.

During RET Ventures’ “Multifamily Kickoff Summit” at the annual Blueprint event in Las Vegas, RET Partner Christopher Yip moderated a panel entitled “Big Data and its Applications to Rental Housing,” featuring panelists Paul Morgan, Senior Vice President and Head of Data Science and Research at Carmel Partners; Joshua Glastein, Chief Information Technology Officer of Berkshire Residential; Brian Lichtenberger, CEO and founder of Markerr; and Jindou Lee, CEO and founder of HappyCo.

Throughout the conversation, the panelists explored some of the diverse use cases for machine learning and predictive analytics in the multifamily industry from informing investment decisions to optimizing operational efficiency. The speakers emphasized the importance of incorporating human input alongside data in decision-making and discussed some of the biggest challenges associated with data aggregation, integration, and regulatory and privacy concerns.

The informative session, which also included commentary on generative AI’s impact on multifamily decision-making,  left the audience with practical insights into how data analytics can enhance their organizations and a reinforced understanding of how data is reshaping the real estate landscape.

Watch the full session below: