Geophy Introduces Property Valuation Platform
GeoPhy, a fast-growing company in commercial real estate technology, has launched Evra, a new AI-powered valuation platform. With Evra, commercial real estate investors, lenders and researchers can quickly access GeoPhy’s automated valuation model for accurate, transparent valuations for U.S. multifamily properties.
Evra takes an automated, integrated, data-driven approach grounded on the GeoPhy AVM—an algorithm developed using proprietary property transaction and income datasets, combined with nontraditional data sources that capture quality of life, safety and other indicators rarely utilized for real estate valuations.