A buyer finds a 12-unit building in Woodlawn. The OM has a rent roll PDF from 18 months ago, no inspection history, three open permits they won’t discover until title, and a tax delinquency that isn’t on LoopNet. They find out on day 15 of a 30-day close window. The deal collapses. The next buyer makes the same mistakes six months later.
This isn’t a rare scenario. It’s the default. The 5–100 unit multifamily market — the most fragmented, most transacted, and most underserved segment in U.S. real estate — has no shared intelligence infrastructure.
CoStar owns asking data. Nobody owns condition data — the layer that actually prices risk. The Exchange is that layer.
- Mapbox-based property map with enriched scoring signals and API-driven rendering live in development
- Submarket-level scoring system operational across Chicago Southside / Woodlawn target corridor
- Diligence workflow structure built — on-demand ordering, report ingestion pipeline, and Exchange data model designed
- Operator team with active multifamily portfolio in target market — building on infrastructure already used in production
| Platform | Pre-acquisition intel | Condition data | Mid-market focus | Reusable diligence |
|---|---|---|---|---|
| CoStar / Yardi | Partial | |||
| CREXi / LoopNet | Partial | |||
| Reonomy / PropStream | Partial | |||
| Korra | ✓ Core | ✓ Exchange | ✓ Purpose-built | ✓ Flywheel |
Our Mission
Korra’s mission is to make multifamily acquisitions dramatically more transparent, intelligent, and accessible.
Today, independent buyers operate with fragmented information, duplicated diligence costs, and incomplete visibility into risk. Institutional players have teams, proprietary data, and expensive tooling. Everyone else pieces deals together manually.
Korra exists to close that gap. We believe every investor — not just institutions — should be able to understand a building’s condition, operational risk, ownership history, and market position before committing capital.
Our Vision
We believe every multifamily property will eventually have a living intelligence profile.
A future where:
– every building carries a continuously updated operational history
– every inspection or diligence artifact compounds into reusable market intelligence
– every acquisition becomes faster, cheaper, and less opaque
– and every market becomes searchable at the condition layer — not just the listing layer
Korra is building the infrastructure for that future.
Not just software.
A networked intelligence layer for mid-market multifamily real estate.
This is not an offer to sell or a solicitation of an offer to buy securities. Any such offer will be made only by means of a formal offering document. Investing in early-stage companies involves significant risk including the possible loss of your entire investment. Past performance is not indicative of future results.