Rent Analytics: Alec Slocum - Apartment IQ Founder & CEO

On this episode of Deal Flow Friday, David Moghavem sits down with Alec Slocum, Founder & CEO of ApartmentIQ, to explore how technology and AI are reshaping multifamily rent analytics. Alec shares how his team went from building a student housing ILS to launching ApartmentIQ, a platform now used by two-thirds of the NMHC Top 50 that delivers daily, unit-level rent data with unprecedented accuracy. The discussion covers the evolution of rent comps from art to science, how operators and asset managers can leverage automated market surveys to spot market shifts, and why data accuracy is such a competitive advantage. Alec also highlights how ApartmentIQ and Maven AI are applying artificial intelligence to concessions, renovations, and marketing automation, while sharing insights on where the multifamily industry is headed and why he’s bullish on markets like San Francisco amid the AI boom. This episode offers a front-row seat into the future of rent analytics and PropTech innovation for investors, operators, and asset managers alike. Chapters00:00 Introduction to Apartment IQ and Its Impact02:47 The Origin Story of Apartment IQ04:53 Market Surveys Reinvented06:47 The "Art" vs "Science" in Pulling Rent Comparables09:55 The Importance of Accurate Data in Real Estate13:23 "Is it Me? Or is it the Market?" Spot Checking Your Portfolio Rents16:38 Leveraging AI in Multifamily Data19:35 Will AI Replace My Job?22:56 Maven AI: Revolutionizing Marketing in Multifamily28:35 Multifamily Market Trends From the Data33:49 So Which Market is Alec Most Bullish On?www.dealflowfriday.comInstagram: @dealflowfridayX: @dealflowfriday