Cautioning Pragmatism in 2019 as Proptech Continues to Accelerate

Posted by Robert Finlay on Jan 28, 2019 9:00:00 AM

As the first month of 2019 comes to a close, there’s no doubt a significant number of 2018’s hottest CRE tech concepts, products, and trends have come and gone quicker than most of our New Year’s resolutions. After all, time is the greatest asset we have as an industry in deciphering what will ultimately materialize as legitimate solutions destined to drive the commercial real estate industry forward, forever changing how business is done.

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Topics: Insider, Multifamily, Resident Retention, CRE tech

A Quick Look Back on 2018 and the Launch of Lyra Intel

Posted by Robert Finlay on Dec 26, 2018 1:00:00 PM

As the year draws to a close, the Lyra Intel team likes to look back at the major themes that affected the US commercial real estate market. This blog will later be accompanied by our 2019 predictions post, where we try to look forward and provide industry thought leaders with key items to keep an eye on in the coming year.

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Topics: Insider, Data Quality, Multifamily, Resident Retention, Operational Efficiency, CRE tech

Solving the Number One Business Challenge for Multifamily Professionals: Resident Retention

Posted by Chris Goodnight on Dec 11, 2018 8:00:00 AM

Here’s a truth: No matter what your community’s retention rate is, turnover is expensive. Generally, replacing a resident will cost at least five times more than it costs to keep them, so having a strong retention program in place makes solid financial sense.

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Topics: Data Quality, Multifamily, Resident Retention, CRE tech

Unlocking the Operational Benefits of SaaS for Commercial Real Estate

Posted by Robert Finlay on Nov 20, 2018 1:00:06 PM

From optimizing for NOI to understanding business challenges and emerging industry opportunities, data plays an important role in how property managers and owners oversee their portfolios. However, most data the multifamily industry collects is delayed and siloed, and therefore is not actionable. In such an aggressive industry, inactionable data could mean the difference between hitting your revenue goals and missing them completely.

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Topics: Insider, Data Quality, Data Segmentation, Occupant Retention, Monetization, Occupant Experience, Multifamily, Operational Efficiency, CRE, CRE tech

Addressing the Significance of Data Quality in CRE: Part Two

Posted by Chris Goodnight on Sep 17, 2018 11:53:16 AM

Part One of Addressing the Significance of Data Quality in CRE focused on the current state of data collection and quality in the commercial real estate market. In Part Two, we'll address the necessary steps property companies must take in order to improve data integrity to make better decisions.

Since the dawn of time until 2003 the quantity of information generated is estimated at some five exabytes. According to Intel, that same amount of information is now created every two days. Businesses have long understood that there is value – somewhere – to be extracted from this burgeoning volume of data. And increasingly, they have been able to get at it more efficiently and cost effectively. Yet for all their enthusiasm for “big data,” most companies are only scratching the surface of the opportunities that await them. 

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Topics: Data Quality, Commercial Office, Data Segmentation, Occupant Retention, Multifamily, Operational Efficiency, CRE, CRE tech

Addressing the Significance of Data Quality in CRE: Part One

Posted by Chris Goodnight on Aug 30, 2018 4:31:28 PM

We’ve all heard the old adage “Garbage in, garbage out,” a term attributed to be coined by George Fuechsel, an IBM programmer and instructor. Simply put, the phrase notes the cause and effect relationship between bad data input and output in the realm of computer science. In other words, software can only process what it is given.

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Topics: Data Quality, Commercial Office, Data Segmentation, Multifamily, CRE tech

The Many Faces of Operational Efficiency in CRE

Posted by Greg Gentner on Aug 21, 2018 8:00:00 AM


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Topics: Operational Efficiency, CRE

A Digital-First, Customer-Centric Approach to Occupant Experience

Posted by Chris Goodnight on Aug 12, 2018 1:21:51 PM

Data and digital technology are playing a more significant role in organizational decision making than ever before. Commercial real estate is no different. There is a huge opportunity for commercial real estate owners to become truly data-driven in how they attract, acquire, and retain residents and tenants. The industry is moving from one driven by spreadsheets and intuition, to one that is digital-first and powered by technology and data. Property owners and managers that make the shift to digital will arm themselves with the insights to make smarter, faster portfolio decisions, resulting in the capture of better opportunities and higher returns.

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Topics: Commercial Office, Tenant Retention, Occupant Experience, Multifamily, Resident Retention

Reflecting on the Recent Launch of Lyra Intel

Posted by Robert Finlay on Aug 6, 2018 1:46:35 PM

Lyra Intel, my latest CRE tech startup, launched last month and since the official public announcement I've repeatedly been asked why I began this latest venture. Most industry professionals know me from my previous startups within the space, i.e. Commercial Defeasance, TCAM Asset Management, and Investor Management Services, but I also serve as the owner of a commercial property group R. J. Finlay & Co. It was the experience with the latter and specific needs around property management and investment allocation that perpetuated the concept which became Lyra. 

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Topics: Insider

Who We Are

Lyra Intel is a commercial real estate business intelligence solution designed to unlock your property's revenue potential.

Lyra takes the guesswork out of important property decisions by analyzing demographic and behavioral data at the industry, portfolio, property, and individual levels.

Our solution is designed to:

  • Improve the quality and access to data
  • Provide advanced occupant segmentation 
  • Create a better occupant experience
  • Increase occupant retention
  • Provide an additional revenue stream

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