Voluptates

Mid-last year, Elion Partners, LLC (“Elion”) announced further development to Elion Intelligence (“E.I.”), its proprietary technology platform for data-informed real estate investments and operations. This additional enhancement came in the form of Elion’s April 2022 strategic absorption of White Peak Tech, a technology and data consulting company focused on analytics, data engineering, machine learning, and software development.

Here, Elion’s Director of Data Science, Jared Stufft, discusses what makes E.I. powerful, how the Elion team is leveraging its capabilities, and how E.I. differentiates the firm as a tech-enabled investment manager.

Why does real estate need data science? How can real estate investments benefit from it?

Historically, there was a lack of usable data to determine what made a property an attractive investment. This is because real estate and its data are region-specific and decentralized, so collecting what managers needed at scale was historically unachievable.