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Milestones: redIQ’s New Headquarters at One Grand Central
There are a number of milestones that mark the startup’s growth and attest to the arduous path to success that it must travail. When we launched redIQ in 2012, then under the name of ResiModel, we entered into a nebulous industry known as CRE Tech, still in its infancy. The commercial real estate industry has been painfully slow in adopting technological innovations, but that is beginning to change. We are proud to be one of the companies that has led that transformation within the multifamily acquisitions realm.
We have experienced several exciting milestones along the way. In 2016, we rebranded as redIQ – real estate data intelligence. We moved into a co-working space in Chelsea, New York. We opened an office in Salt Lake City, where our product team works tirelessly alongside our developers to advance the platform.
The hard work that’s gone into building this company continues to pay off. redIQ now represents six of the top 10 acquisitions teams in the nation and nine of the top 10 brokerages. In 2018 we reached another milestone, when users processed 100,000 rent rolls and 35,000 historicals and created 50,000 deals on our platform. Twenty percent of all multifamily transactions passed through redIQ.
We experienced one other important milestone this past September when we moved into a new corporate headquarters at One Grand Central Place in Midtown Manhattan. We hired Nicole Elizabeth INTRS to design the space (they write about the process here), which offers us the perfect blend of open workspace, team offices, private offices, two conference rooms (one which doubles as a break room), and two smaller breakout rooms. The redIQ brand permeates the office, including walls, furniture, and fixtures all incorporating our corporate color palette.
redIQ’s mission remains simple: to become the universal standard for identifying and closing better deals more quickly and more confidently. If you would like to see redIQ up close, click here to schedule a demo.
As for the new office, check it out for yourself. Photography by Monica Ayers Photography.