Moody’s and Zillow have entered into a partnership aimed at enhancing data and insights for their respective clients in the commercial real estate (CRE) and multifamily rental markets.
Integration of Multifamily Rental Data
Starting in July, Moody’s will integrate Zillow’s extensive multifamily rental property data into its CRE platform. This integration will significantly expand Moody’s market rent and vacancy data.
Benefits for Moody’s CRE Customers
Moody’s CRE customers, including investors, lenders, and brokers, will benefit from the enhanced data. The integration will provide a more comprehensive view of market conditions, aiding in better decision-making and investment strategies.
Advantages for Zillow’s Rental Partners
Zillow’s multifamily rental partners will gain access to Moody’s detailed analyses of submarket conditions, including rent, vacancy, and inventory data. This access will help Zillow’s clients assess properties more accurately and navigate the complexities of the real estate market with greater confidence.
Statements from Moody’s
Luis Amador, general manager of Commercial Real Estate at Moody’s, emphasized the value of this collaboration. He highlighted how the integration of Zillow’s data will not only broaden Moody’s data scope but also elevate the service quality for their diverse customer base. He also noted that Zillow clients will be better equipped with robust market intelligence through this partnership.
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