Data Science & Methodology

Proprietary Location Intelligence | Behavioral Analytics | Underwriting Rigor

BSC's proprietary data platform applies mobile location intelligence to quantify resident behavior, amenity usage, and neighborhood engagement patterns. This analysis reduces information asymmetry in real estate underwriting by replacing anecdotal location claims with empirical, device-level evidence.

Resident Definition

Resident Criteria

  • Threshold: >15 days observed in September (>50% of month)
  • Period: 30 days (September 2025)
  • Geography: Within 3 miles of Gallery Haus
  • Data Source: Mobile handset location pings

Visitor Criteria

  • Threshold: ≤15 days observed (≤50% of month)
  • Classification: Transient, short-term visitors
  • Use Case: Tourism, business travel, temporary stays
  • Excluded: Not included in this resident-focused analysis

Residents vs Visitors Comparison

CITYWIDE vs NEAR GALLERY HAUS

Resident Characteristics (Within 3 Miles)

Distance from Gallery Haus

Days Observed

Activity Level (Pings)

Key Insights

Hyperlocal Resident Base

BSC's location intelligence system identifies 82,540 resident devices citywide, with 41,139 of those residents living within 3 miles of Gallery Haus. This dense, hyperlocal resident base validates both the representativeness of the data (31.8% Census penetration) and the depth of demand in the immediate trade area.

Consistent Presence

Residents are defined as devices observed on more than half of the days in September 2025, filtering out transient visitors and focusing the analysis on stable, long-term local households—precisely the population that drives multifamily leasing demand.

High Activity Engagement

Resident devices generate frequent location pings across local amenities and employment nodes, indicating an active, amenity-using community that aligns with Gallery Haus's urban lifestyle positioning. Empirical evidence of behavioral alignment with the project's target demographic.

Market Concentration

By concentrating 41,139 identified residents within a 3-mile radius and layering that with income and demographic filters from the Demographics page, Gallery Haus sits in the middle of a large, stable, and highly addressable renter universe.

Cohort Analysis & Behavioral Segmentation

BSC's platform segments residents into cohorts based on two dimensions: distance from Gallery Haus (0-0.5 mi, 0.5-1 mi, 1-2 mi, 2-3 mi) and frequency of local engagement (low, medium, high days per month). This granular segmentation reveals which resident cohorts drive the highest POI visitation and amenity usage.

Cohort Framework
  • Distance Cohorts: 4 buckets (0-0.5 mi, 0.5-1 mi, 1-2 mi, 2-3 mi)
  • Frequency Cohorts: 3 levels (16-20 days/mo, 21-25 days, 26-30 days)
  • Total Matrix: 12 cohorts tracking distinct behavior patterns
  • POI Cross-Reference: Each cohort mapped to 1,251 Points of Interest
Key Findings
  • 1-2 mile, Medium Frequency cohort generates highest visitation volume (60,553 visitor-POI connections)
  • High-frequency cohorts (26-30 days) demonstrate deeper local engagement across all distance bands
  • Ultra-close cohorts (0-0.5 mi) show concentrated usage of immediate neighborhood amenities
  • Behavioral heatmap validates walkable radius assumptions used in underwriting

View Detailed Cohort Heatmap

How the Data is Used

This location intelligence analysis is not a marketing exercise. BSC applies these behavioral insights directly to investment underwriting, reducing information asymmetry and quantifying qualitative location narratives.

Market Validation

Empirical evidence of resident density, demographics, and income levels cross-validates Census data and third-party market reports. Discrepancies flag underwriting risk.

Amenity Scoring

Quantifies "walkability" and "lifestyle" claims by measuring actual foot traffic to restaurants, gyms, groceries, and cultural venues. Replaces subjective scoring with usage metrics.

Competitive Positioning

Maps competing multifamily assets and tracks resident movement patterns. Identifies cannibalization risk and differentiates Gallery Haus within its micro-market.

Tenant Profile Validation

Behavioral data (trail usage, POI visits, commute patterns) validates assumptions about target tenant lifestyle preferences and willingness to pay for location-based amenities.

Downside Protection

Identifies concentration risk (employer base, transit dependency) and stress-tests demand assumptions against empirical resident behavior rather than broker comps.

Exit Positioning

Data-driven location narrative strengthens exit story. Institutional buyers increasingly value empirical evidence over anecdotal amenity claims.

Privacy & Data Compliance

All mobile location data used in this analysis is anonymized, aggregated, and sourced from licensed third-party providers in compliance with applicable privacy regulations. No personally identifiable information (PII) is collected, stored, or analyzed. Device IDs are hashed and cannot be reverse-engineered to identify individuals.

Data providers adhere to industry standards including CCPA, GDPR (where applicable), and NAI/DAA opt-out frameworks. BSC does not resell, share, or publish raw location data. All outputs are statistical aggregates suitable for institutional real estate underwriting.

Methodology & Technical Details

Data Collection
  • Total Devices Observed: 5,831,010 unique mobile devices
  • Analysis Period: September 1-30, 2025 (30 days)
  • Geographic Scope: St. Petersburg, FL metropolitan area
  • Resident Threshold: Observed on >50% of days in period
Classification Logic
  • Residents: Devices seen 16-30 days (82,540 citywide)
  • Visitors: Devices seen 1-15 days (5,748,470 citywide)
  • Gallery Haus Proximity: 3-mile radius (41,139 residents)
  • Validation: Cross-referenced with US Census demographics