Revenue Manager Q & A: Oakwood’s Jeff Young, Part 2 The following is Part 2 of our Q & A with Oakwood Worldwide’s Jeff Young, where we talked about the unique challenges of the temporary corporate housing market, the impact of the supply side on pricing, the similarities of temporary housing with the rental car [...]
Here's further evidence that multifamily companies using revenue management technology are pushing rents more aggressively than the market as a whole, and that those tools give them a better bead on what lies ahead than even the most comprehensive macro-economic analysis. Following Colonial Properties Trust's impressive rent push during 2Q 2010, Equity Residential [...]
Worried about raising your rents in the face of that “double-dip” recession that’s lurking around the corner? Don’t tell that to the executive team at Colonial Properties Trust. In a 2Q 2010 conference call that provided plenty of nuggets for apartment pricing professionals to chew on, the company reported that it pushed collective rents by [...]
Also posted in Featured, REITs | Tagged Colonial, Colonial Properties Trust, conference, downturn, earnings release, increase, multifamily revenue management, optimization, pricing, pushing rents, reit, revenue management, revenue management system, Richmond |
Archstone’s Donald Davidoff is widely viewed as the leading pioneer of revenue management in the multifamily industry. But he’s also helped bring up a generation of revenue managers who now apply the science – and art – of revenue management across the apartment industry. Among them is Rich Hughes, revenue manager at Chicago-based AMLI Residential. [...]
Also posted in Featured, REITs, User Experiences | Tagged amli, apartment technology, multifamily revenue management, multifamily revenue management careers, Rainmaker LRO, Rent Cheque, Residential, revenue management, revenue management in downturn, Rich Hughes |