Lobby CRE in Partnership with IREM®, NAA, and BOMA Release 2022 Income/Expense IQ Benchmark Data
WASHINGTON, Aug. 8, 2023 /PRNewswire-PRWeb/ -- More than 6,500 submissions were collected from real estate operators across the country through an innovative digital process that makes it easier than ever to submit and collect data. The digitally-upgraded benchmarks provide real-time access and facilitate the identification of actionable insights and opportunities that boost operational efficiency for owners and tenants.
- "We're excited to be able to automate data submissions and provide the industry with the most detailed benchmark data set ever.
- "IREM's partnership with Lobby CRE, NAA, and BOMA enhances the effectiveness of our Income/Expense IQ.
- The collaboration with Lobby CRE helps IREM, NAA, and BOMA members with faster speed to insight into how an asset or portfolio is performing based on 2022 asset performance data.
- Why Income/Expense IQ Benchmark: The I/E IQ Benchmark empowers operators to assess performance side-by-side with real (not survey or statistical) data automatically standardized for a true like-kind analysis.