Multifamily software company Radix has grown its portfolio to 2 million apartment homes. The cloud-based software has reached 2 million active apartment homes. Company leadership says that the benchmark is a testament to the firm's ability to transform the creation of market surveys.

The software uses automated processes that produce more accurate data to drive better business decisions. The software has several features, including SurveySwap, which allows apartment properties to automate the collection of asking rents and other data from comps, freeing onsite associates to focus on signing new leases and delivering the highest level of customer service to residents.

In addition to the growth announcement, Radix has also shortened its name from its former BI:Radix.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.