Keyway, the generative AI company building the future of real estate, has officially announced the launch of KeyComps, which happens to be an AI-powered real-time comps solution for multifamily analytics. According to certain reports, the stated solution comes bearing an ability to offer unprecedented rental comps intelligence with fully automated and highly precise unit, property, and market data, all of it powered solely by public sources. More on the same would reveal how, by leveraging generative AI, machine learning, and data science, the stated solution effectively automates, scrapes, and normalizes comprehensive multifamily data from public sources to inform AI generated comp sets in an instant and precise manner. Furthermore, we must get into how Keyway’s latest brainchild is the most reliable and trusted national multifamily data generator for every real estate deal, making it an ideal tool for real estate teams across the board. Another detail worth a mention here is rooted in the way this particular solution enables real estate teams to delegate tedious and time-intensive tasks to AI, with the tasks ranging from automating comps and daily unit-level rents to analyzing historical rent trends and fees/concessions. Joining the same is KeyComps’ potential when it comes to centralizing unstructured disparate data and transforming it to be actionable. This the solution does to empower teams to make fully informed decisions. On top of that, KeyComps is also protected by SOC 2 protocols with seamless integration and export capabilities for BI and Excel based analyses/reports.
Having referred KeyComps’ capabilities, we now must turn our attention towards what kind of overarching benefits they create for end users. Here, we begin from the promise of accuracy and precision. As the solution’s AI-generated comps take into account a multitude of factors, including property characteristics, market trends, and economic indicators, it is able to ensure that your investment decisions are based on the most precise and holistic data available. Not just accuracy, but KeyComps also offers you optimum customization around your data. This means you can seamlessly tailor data to your specific investment strategy. Once you have done that, the next step would be to filter and prioritize comps based on your unique criteria, whether you’re focused on cap rates, cash flow, or long-term appreciation. Such an element should come in handy for intuitively aligning the given data with your investment thesis. Rounding up highlights would be a possibility to uncover unseen opportunities. In simple terms, the solution’s comprehensive, AI-monitored and daily normalized multifamily unit, property, and market rent data can make it possible for you to discover investment potential in every US market.
“KeyComps is a revolutionary tool for the real estate industry,” said Matias Recchia, co-founder and CEO of Keyway. “From rent trends and seasonality opportunities to tenant satisfaction and renewal probabilities, this advanced AI-powered platform provides real estate teams with the most precise and reliable comps data available. KeyComps eliminates the need for manual data gathering and analysis, offering real-time, AI-generated insights that are customized to fit specific investment strategies.”
As for what are some of the use cases attached to this solution, they begin from the facility to compare trends by submarket to identify seasonality and revenue opportunities, analyze rents apples to apples with AI gathered effective rates, as well as understand occupancy metrics and renovation activity. Apart from that, you can also leverage KeyComps to review trends and reputation management analysis to bring insights to problem areas and double down on opportunities, cross-referencing tenant sentiment with renewal probabilities.
Founded in 2020, Keyway’s rise up the ranks stems from a generative AI company building the future of real estate. The company’s excellence in leveraging AI Co-Pilot, transactability recommendations, and AI driven comps, can be understood once you consider it been named one of the Top 25 Real Estate Technology Companies of 2024, Top 30 Companies Defining AI in Real Estate, and among the Top 21 Most Promising Proptech Startups.
