Pegasus Accelerates Market and Property Research Using Explore

Sep 15, 2025

From weeks of manual research to same-day insights, Pegasus delivers smarter acquisition strategies.

Company

Pegasus Residential is a Top 50 NMHC multifamily management company based in Atlanta, GA. Business development teams use ApartmentIQ Explore to provide ownership groups with deep market intelligence during acquisitions, lease-ups, and pitches.

Key Stakeholders:

  • Bo Higgins, Business Development Specialist – responsible for rent-setting and client-facing market studies.

Snapshot

Before:

  • Manual legacy market data provider research and proprietary spreadsheets.
  • Nine-page client reports requiring weeks of assembly.
  • Limited visibility into true achieved rents and local demographics.

After:

  • Explore consolidates demographics, pipeline, rents, and comps into one tool.
  • Reports built in minutes, with real-time lease data.
  • Better pitches and faster answers for ownership groups.

“ApartmentIQ has become a one-stop shop. What used to take nine pages of legacy provider data and manual research is now almost entirely pulled from ApartmentIQ.” – Bo, Pegasus

Challenge

Pegasus’s business development team pieced together data from legacy providers, call-arounds, and manual research. Reports were long, delayed, and often outdated – slowing decisions and weakening pitches to owners.

  • Old surveys forced Pegasus to tell prospective clients, “We’ll get back to you in 1–2 weeks.”
  • Comp data skewed by asking rents, missing concessions, and inconsistent manual research.
  • Legacy providers required time-consuming filtering to isolate multifamily data.

Solution – ApartmentIQ Explore

With Explore, Pegasus gets demographics, pipeline, comps, and rent rolls in one place. Instead of stitching together pages of research, teams now generate client-ready reports in minutes with real-time accuracy.

  • Real-Time Lease Data: Achieved rents and concessions, not just asking prices.
  • Demographics & Pipeline: Income, age, homeownership, employment, and new supply.
  • One-Click Market Studies: Comp selection, demographics, and rent rolls in one export.

“Everyone advertises one thing, but the lease tab shows the reality. If they’re only getting $800 when asking $1,000, I care about the $800 every time.” – Bo, Pegasus

Results

  • Faster Pitches: Rent-setting analyses that once took weeks now take a day.
  • Client Trust: More accurate comps and lease data build credibility with owners.
  • Competitive Edge: Real-time data helps Pegasus outpace competitors relying on outdated systems.

Why It Matters

Explore enables Pegasus to:

  • Win new management contracts with stronger, faster underwriting.
  • Guide owners with precise demographic and supply insights.
  • Stay competitive in fast-moving acquisitions where timing is everything.

Key Features Used

  • Real-Time Lease Comps
  • Demographics & Employment Data
  • New Supply Pipeline
  • Market & Property Reports

Close deals faster with real-time market intelligence.
Book a demo of ApartmentIQ Explore → https://www.apartmentiq.io/request-a-demo/