Multifamily Revenue – Update

I posted about this last night not realizing that a full blown press release would be coming out today. I offer up my apologies to Steve and his group over at multifamilyrevenue.com as I know it was not my place to to deliver this information prior to his press release coming out. The power of the internet is to invasive sometimes.

I do look forward to what the multifamilyrevenue team have to offer. As for what I have seen so far, it is very well done. I have attached the official press release for your review.

MultifamilyRevenue.com Website Delivers Clear Evidence that Revenue Management Software Boosts Apartment Net Operating Income

Website is free source for reliable revenue management information to drive higher profitability for multifamily operators

San Francisco, CA (PRWEB) December 4, 2008 — Multifamily housing veteran Steve Lefkovits announced the launch of MultifamilyRevenue.com, a Joshua Tree Internet Media, LLC website, to provide multifamily housing operators with objective, trustworthy information on how to increase revenue and optimize and stabilize lease/rent pricing through the adoption of multifamily revenue
management technology. Until now there has been a shortage of credible,
objective information on how revenue management systems work in the
multifamily industry.

The site presents documented case studies, video presentations and
independent third-party commentary on multifamily revenue management
implementations; it also documents high-level findings describing
revenue increases from 2.5 to 4.5 percent by revenue management
software users. The site also lists 30 well-known apartment companies
that use revenue management systems, including three of the top ten
largest multifamily owner and management companies.


We
launched MultifamilyRevenue.com to help operators improve their revenue
and have greater visibility into market conditions and how they affect
lease/rent pricing


The
industry now has a source of solid information on revenue management.
Our goal is to provide operators of all types with free actionable
business information that enables them to make informed apartment
revenue management systems decisions that improve their company and the
industry as a whole.


Our
new site provides case studies and video interviews with industry
professionals to de-mystify how revenue management systems are
successfully working in the industry


The site’s founder, Steve Lefkovits, is a respected multifamily
industry professional who served as vice president of the National
Multi Housing Council and as senior vice president for BRE Properties.
Lefkovits was also the creator of the National Multi Housing Council’s
Technology Forum conferences.

Revenue management information to optimize lease/rents

“We launched MultifamilyRevenue.com to help operators improve their
revenue and have greater visibility into market conditions and how they
affect lease/rent pricing,” explained Lefkovits. “The industry now has
a source of solid information on revenue management. Our goal is to
provide operators of all types with free actionable business
information that enables them to make informed apartment revenue management systems decisions that improve their company and the industry as a whole.”

The new site also includes third-party Wall Street validations that
revenue management systems add economic value to a company. Currently
featured on the site is a report from BMO Capital Markets’ Rich
Anderson on his evaluation of the leading revenue management systems
for the multifamily industry.

MultifamilyRevenue.com provides information on:

  • Financial benefits of revenue management to multifamily operators
  • Implementation case studies from respected companies
  • Rosters of multifamily revenue management system users and providers

Lefkovits noted there is a lack of information in the multifamily
industry surrounding how revenue management software is used, how it
benefits operators, and the scope of its adoption. “Our new site
provides case studies and video interviews with industry professionals
to de-mystify how revenue management systems are successfully working
in the industry,” said Lefkovits. The site also lists the names of
companies using revenue management systems and provides lease/rent lift
results based on actual pilot studies from a wide variety of
multifamily markets.

Revenue Management – In Depth Analysis at AIM 2009 Conference

Revenue Management case studies from MultifamilyRevenue.com will be
explored at the 2009 Apartment Internet Marketing (AIM) Conference. In
its fourth year, the AIM Conference series is the premier multifamily
conference on Internet marketing and online transactions. The AIM 2009
conference will be held from April 29 – May 1 in Denver. For more
information and register online, visit http://aimconf.com.

About MultifamilyRevenue.com

MultifamilyRevenue.com is the apartment industry’s definitive online
resource for business information about revenue management and
optimization best practices and welcomes the participation and
contributions of experts in the field. If you would like to contribute
articles, corrections, additions or other pertinent information that
helps to further the industry’s understanding of revenue management,
please contact us. MultifamilyRevenue.com and the Apartment Internet
Marketing Conference is owned and operated by Joshua Tree Internet
Media, LLC.

Contact:

MultifamilyRevenue.com

Steve Lefkovits

Executive Producer

5834 Vallejo Street

Emeryville, CA 94608

(510) 444-2988

Email: steve(at)jtimedia.com

Media Contact:

Julie Keyser-Squires, APR

Softscribe Inc.

180 River Springs Drive NW

Atlanta, GA 30328

Phone: (404)256-5512

Email: Julie(at)softscribeinc.com

http://www.softscribeinc.com

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