Multifamily industry leader RealPage has entered into a strategic partnership with Measurabl, a widely adopted environmental, social, and governance (ESG) technology for commercial real estate. According to the firms, the relationship includes technology integration, professional services, and big data analytics for commercial, multifamily, affordable, senior, student, and other real estate owners to meet their sustainability goals and mandates.
“Our customers are making big ESG and sustainability commitments that require expertise, market insights, and simplified automation,” said Kamal Qatato, senior vice president of smart building solutions for RealPage. “We are very pleased to partner with Measurabl to bring best-in-class solutions to market, connecting boardroom strategies and asset management to advanced automation across leasing office and maintenance work order systems.”
Over the past several years, ESG has gained traction in the U.S. The firms cite that more than 1,500 entities and nearly 117,000 individual assets participate in GRESB’s ESG benchmarking and that multifamily projects comprise 75% of the total zero-energy residential inventory in the U.S. and Canada.
“Decarbonizing real estate—the world’s largest asset class and one of its most environmentally and socially impactful—relies on a marriage of ESG with traditional real estate value metrics,” said Measurabl founder and CEO Matt Ellis. “By bringing RealPage’s financial, operational, and sustainability solutions together with Measurabl’s comprehensive ESG solution, we are able to deliver a uniquely powerful decarbonization, reporting, and compliance toolkit.”
