Income/Expense IQ

Current Data Availability 

• 2023 Data: The most recent Income/Expense benchmarking data available. See "Purchase Benchmarks" below to purchase the 2023 data.

Additional Information 

• Most Recent Comprehensive Summary: No Relief from Expenses: 2023 Summary
• Metro Area Breakdowns: View a list of the metro areas available for 2023 I/E IQ benchmarking data.

Benchmarks are available for purchase within the portal by metro area and asset class.

• One metro area: $49 
• Five metro areas: $199 
• Ten metro areas: $349 
• All metro areas: $499 
  

New Member Sign-up

Step-by-Step Video Guide on Purchasing and Accessing Benchmarks

How do I purchase benchmarks? 

To purchase benchmarks, set up your account. The platform will then guide you through accessing and utilizing the benchmarks. 

Want to see more information on accessing benchmarks and creating dashboards? Log into the platform for helpful tutorials. 

What should I do if I’m an IREM member who has already submitted my 2023 data? 

You are all set. You do not need to submit your data again.  

When will the benchmarking data become available? 

The benchmarking data is now available. Check your spam or junk folder for the email announcement, just in case. 

Will everyone be able to see my data once benchmarks become available? 

No, data included in the benchmarking analysis later in the year will NOT indicate where it came from and Lobby CRE’s platform is fully encrypted so your data is safe and anonymous. 

As an existing I/E IQ Member, you’ve made the wonderful choice to utilize the platform to optimize your bottom line. If you’ve submitted your 2023 financial data, then you’ll receive a token applied to your account to receive your complimentary benchmarks.  

Lobby CRE 

1. Sign-in to your account. 

2. Skip to Step Two – Access the marketplace to purchase your Income/Expense IQ Benchmark(s). 

3. Your Universal Token will give you access to all MSAs in a property type class for one specific year. 

Lobby CRE helps real estate firms transform their portfolio with intelligent data and portfolio management. Have access to all your data sources and automated reporting of performance across all your properties with one platform. With Lobby CRE, you’ll easily be able to answer, “What is happening in my portfolio? Why is it happening? How should I take action?” with just a few clicks. 

Keeping costs down and maximizing revenue are fundamental to every property manager’s role. Property managers must prioritize keeping expenses low and revenues high by minimizing expenses, better budgeting & investments, cost controls & forecasting and more. Income/Expense IQ is powered by Lobby CRE's platform and includes data from BOMA and NAA to provide the most comprehensive property data benchmarking tool available in the United States. Participants will learn how the combined efforts of these organizations has been applied at properties to forecast operational expenses, plan for capital expenditures and maximize NOI. 

Watch Now

Panelists: 

Todd Feist, Sr. Content Developer/Sustainability Program, IREM 

Matt Lexow-Gray, Commercial Real Estate Data and Operations, Lobby CRE 

Paula Munger, Vice President of Research, NAA 

Angela Aeschliman, CPM, CCIM, LEED AP ND, Sr. Vice President of Property and Asset Management, Missner Group 

Will Curtis, CCIM, CPM, Commercial Managing Director, Phyllis Browning Company 

Hakan Ozsancak, Vice President Association Services & Publications, BOMA International