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 5.6 [...]
Tag Archives: revenue management system
What Double Dip? Colonial Pushes Richmond Rents 14 Percent.
Posted in Case Studies, Featured, REITs Also tagged Colonial, Colonial Properties Trust, conference, downturn, earnings release, increase, multifamily revenue management, optimization, pricing, pushing rents, reit, revenue management, Richmond Leave a comment
Consistency is Key When Using Multiple Fee Managers
As multifamily investors and operators, we are constantly investigating pricing strategies to find the best and most efficient ways to achieve consistent returns. But what about owners who use multiple fee managers in different markets? The folks at New York-based Abacus Capital Group addressed their need for a pricing strategy across operating platforms by deploying [...]
Posted in Featured, Miscellaneous Also tagged Abacus Capital Group, Case Studies, multifamily investors, multiple fee managers, realpage, Yieldstar Leave a comment
Lincoln Finds 4.3% Lift with RevMan in Challenging Rental Markets
Automated Lease-Rent Pricing Solution Takes Guess Work, Emotion Out of Price Setting
Atlanta, GA (PRWEB) November 3, 2009 — Every company is addressing the current market challenges differently; some more aggressively and successfully than others. In late 2008, Lincoln Property Company decided to test a new price setting process to see if it could improve [...]
Maximizing Revenue Management
Using revenue-management programs to optimize rental rates is not a new concept, but perhaps not enough attention has been paid to the experts who make it work in the real world.
The November issue of UNITS magazine will feature an article profiling the Laramar Group and how it uses a pricing manager whose daily duties [...]
