Seven Multifamily Housing Operators Tap Rainmaker LRO™ Revenue Optimization System
The economy may be down, but interest in lease-rent revenue optimization system is up
- Apogee New Dawn
- BH Management Services, Inc.
- Centennial Holdings
- Continental Properties
- The JBG Companies
- Korman Residential
- Weidner Investment Services
Lease-Rent Optimization Not Just for High-Demand Times
Rainmaker’s LRO optimizes pricing for over 500,000 multifamily housing units and delivers rent lifts of 3 to 5 percent for many of the largest companies.
A True Revenue-Optimized Model
A Better Handle on Rates and Demand Forecasts
- Competitive influences and historical demand
- Current and historical lease activity
- Guest cards, lease duration
- Move-in dates and other metrics
The system also produces accurate enterprise-wide demand forecasts by measuring and analyzing thousands of historical and current market metrics and performing calculations necessary for occupancy predictions and across dozens of unit types, offering dynamically updated rate recommendations as market conditions change.
About Rainmaker Group | The Rainmaker Group is a software and services company that provides the LRO profit optimization solution that enables multifamily housing operators to maximize revenue from apartment leases. LRO is used by more than 60 percent of the companies deploying revenue management systems in the industry and, uniquely, LRO’s lease/rent revenue optimization success has been verified by independent third party consulting firms. For more than seven years LRO has delivered optimized leasing rates to the largest operators in the industry including Archstone, Equity Residential, Post Properties, Laramar Group, Home Properties, Simpson Housing, Mid-America Apartment Communities, Carmel Partners and other leading multifamily housing companies.
The Rainmaker Group also provides revenue management for more than 80,000 rooms in the gaming hospitality industry. Rainmaker implements and supports the revolution product suite, which maximizes total property profitability for operators of casino hotels and other hospitality enterprises. The company enables clients to identify and maintain availability for their most profitable revenue sources through revenue management implementations. The Rainmaker Group helps casino hotels increase profitability through the accurate, instantaneous ability to determine the minimum acceptable value of each guest. This increases client profitability by securing the most profitable customers and developing more effective business processes. Hospitality clients include Boyd Gaming, Harrah’s Entertainment, Omni Hotels, MGM MIRAGE, Trump Entertainment Resorts and other leading hotel companies.