RealPage to Acquire Axiometrics, Creating Most Powerful Apartment Data Solution in U.S.
RealPage Inc. has announced plans to acquire all the assets of Axiometrics, a leading provider of apartment market and student housing data. Axiometrics will merge with RealPage’s research arm, MPF Research, headquartered in the Dallas area.
Additionally, RealPage entered into a long-term relationship with Real Capital Analytics (RCA), a leading authority on multifamily sales transaction data. The data analytics power of RealPage, combined with data from Axiometics, MPF Research and RCA, will create a unique, powerful platform for clients—something the company expects to be the most-referenced apartment data analytics solution in the U.S.
“The acquisition of Axiometrics furthers our goal to become the definitive source for accurate data intelligence regarding the acquisition, operation and disposition of every market-rate apartment in the U.S.,” said Steve Winn, Chairman and CEO of RealPage.
The $75 million acquisition is expected to close in February 2017.