Tools predict likelihood of rental renewal and improve the ability to analyze multifamily and
single-family property data by reacting to changing market conditions and resident behaviors
Houston — September 11, 2023 — , a technology company specializing in AI-powered software
for multifamily and single-family homes, today announced that its LeaseMax and WILSON
products have been awarded patents by the United States Patent and Trademark Office
(USPTO). Beekin has created unique models that predict resident behavior and multivariate
optimization that facilitate AI-driven rent optimization. The methodologies contained in these
patents set a benchmark in the rental housing industry, offering unmatched predictive prowess,
autonomous use, and advanced performance to drive stronger investor returns.
“We are excited to receive these patents, which are a testament to our innovative approach and
the hard work of our entire team,” says CEO Vidur Gupta. “While patents are only a means to
an end, the revolutionary approaches we are applying to rental housing makes these
innovations truly game-changing for investment firms. Our platform is already serving as a
launch pad for future PropTech innovations and is contributing significantly to the evolution of
the rental housing sector at a critical time for the industry. The reality is that the technology used
to price leases has remained static for many decades, and we are moving the needle by
replacing cumbersome manual processes with automatic tools”
Faizul Z. Lalji, Director of Beekin customer Access Self Storage, says, “We congratulate the
Beekin team on this impressive milestone. The patents for their platform are testament to the
innovative technology they have developed for real estate investors. As an early user of
LeaseMax, we can attest to the material impact it has had on our business performance and
pricing function. We are firm believers in AI and automation and view Beekin as a pioneer in this
space.”
About Beekin
Beekin is a decision intelligence platform designed for institutional investors and lenders in the
rental housing sector. Through rent valuations, revenue optimization and rental indexation,
Beekin’s solutions are boosting NOI, increasing customer retention, and driving operational
efficiencies across underwriting and asset management for some of the top property companies
in the United States. For more information, please visit beekin.co.
Beekin press contact:
Cameron Thomas
Cameron@verbfactory.com
416-660-9801