Benchmark data is an important tool in any industry. You can see how your performance compares to others and identify where changing practices might make you more competitive.
The National Apartment Association (NAA), Institute of Real Estate Management (IREM), and Building Owners and Managers Association (BOMA) recently announced that they opened automated benchmark submissions in partnership with Lobby CRE.
"In 2022, the initial partnership with NAA and IREM resulted in an unprecedented 9,600 submissions from real estate operators nationwide," a press release said.
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