After making news last summer for bridging the gap between multifamily marketing and revenue management, Highlands Ranch, Colo.-based UDR has passed another milestone by using technology to rent apartments. Since it started offering the option last July, more than 80 percent of residents who chose to renew leases with the REIT did so online. Tom [...]
Think RevMan is just for the big guys? Think again. There’s a new tool out that can help do the pricing for you – sort of – for a fraction of the cost of a full-blown revenue management system. Dubbed Market Comps, it’s the latest offering from the real-time availability experts at Scottsdale, Ariz.-based VautWare, [...]
Also posted in Featured, Miscellaneous | Tagged "apartment management", "rental rates", aim, apartment pricing, apartment technology, multifamily revenue management, revenue management plug-ins, revenue management solutions for small businesses, Revenue management tools. inexpensive revenue management, small |
It’s hard to imagine a better scenario in the apartment business than the one that’s lining up right now. With the initial wave of 80 million Gen Yers getting ready to rent their first apartments, the national zeitgeist has also shifted decidedly away from homeownership. Mid-career Americans who didn’t get in before – or have [...]
Making residents stick, creating submarkets of one and the ability to avoid getting too far out over your skis. Since posting the first MFR.com Interview last summer, we’ve collectively gained a lot of insight into how revenue management is changing the multifamily industry.
Also posted in Featured, Q&A With Executives, REITs | Tagged "rental rates", apartment technology, Colonial, davidoff, electronic renewals, multifamily revenue management, pushing rents, reit, revenue management, revenue management in downturn, revenue management system, Rich Hughes, UDR |
