RealPage® AI Revenue Management Software Allows Rose Associates to Optimize Pricing and Reduce Vacancies at Market Rate Assets
Summary
“We are leveraging AIRM at a limited number of properties, and it is clearly proving to be a valuable revenue management tool,” said Scott Marino, executive director of multifamily at Rose Associates. There are a number of benefits, with asset optimization being primary among them.” The backbone of the AIRM solution is made up of historical data from 6M lease transactions across the US over the last five years. Rose’s Revenue and Analytics team has decades of experience pricing rentals in the NYC Metro Area. At the properties where AIRM is deployed, Rose can adjust pricing daily and react quickly to trends. We are able to give renters what they need and want, and owners are enjoying how their properties are positioned for sustained and more robust income streams going forward.”
Classifications
AskAI Classifications
LabelsLinked Companies
