Automated Real Estate Project Feasibility
[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: Arx City]
An automated underwriting and market intelligence platform, Arx City is built for real estate developers and brokers to source and conduct feasibility analysis and diligence.
Arx allows customers to search for properties and development and investment projects specified to their strategy, schedule, and capital requirements. It centralizes a property’s actionable data (lot/building characteristics, ownership information, sales history, and debt/tax records) and creates prepopulated project models that show how adjusting assumptions can impact the project’s profitability. Currently available in King County, WA and Los Angeles County, CA for Single Family, Duplex (Beta), Triplex (Beta), and Quadruplex (Beta) asset types on a Build to Sell – Infill strategy.
What we like: “Properties are good, projects are better” is smart positioning for a platform cuts the time to evaluate projects to minutes.
*Part of the REACH 2022 Commercial Class.
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