As a developer, builder and third-party manager of some of the most
prominent multifamily and mixed-use communities in the country,
Bozzuto relies on timely, contextual data to help its clients quickly act
on new opportunities.
From information on changing market conditions and ownership
interests for customers looking to expand their portfolios, to
comparative reports that help regional property managers assess and
set competitive rents, Bozzuto relies on real-time information to help
its partners make the most informed and profitable choices.
Bozzuto sought to broaden its knowledge database in order to
improve the quality and accuracy of its information reports – which
the company used to advise its internal and third-party clients on a
Until now, there was no provider delivering real-time multifamily
data, and acting on out-of-date information could have material
consequences on their business.
“It is clear that CoStar is dedicated to its multifamily product through investments and continuous improvements to the service. A company with Bozzuto’s reputation, expertise and geographic footprint needs a product like Costar Market Analytics to assess its markets and opportunities.”
Mark Franceski | Director of Research
The CoStar Market Analytics Solution
Bozzuto’s access to CoStar Market Analytics means it now has:
- Real-time, constantly verified and updated information about
competitor rents, occupancies, and concessions – down to the
individual unit level.
- A rich media library with millions of exterior and interior photos, 3D
video walkthroughs, and floorplans.
- Comprehensive analysis of rent, occupancy and construction
trends – compiled based on Bozzuto’s specific preferences.
- To-the-minute reports on new construction plans, captured by
researchers in the field and via aerial views.
"CoStar Market Analytics allows us to generate customized reports on
our own and since our expanded access allows us multiple users, dozens
of team members are able to utilize the system in the way that benefits
them the most,” said Mark Franceski, Bozzuto’s Director of Research.
“The breadth of the product allows us to analyze multiple aspects of our
business and make sound decisions, particularly as we expand to new
Since adopting CoStar Market Analytics, Bozzuto has real time
information on every property, neighborhood, submarket, market, and
trends the company cares about.
“We had a great need to be able to access comprehensive, insightful
information. Our clients expect timely analysis from us and we can now
provide this better than ever before,” said Franceski.
- Bozzuto research analysts now access real-time market conditions,
and use that information for underwriting purposes.
- Bozzuto regional property managers use comparative reports to
set their rents properly, and understand how their neighborhoods
and communities are trending in terms of development and growth
- Bozzuto business developers better discern ownership interests
when entering new markets and contemplating development
expansion into new cities.