Market Overview

Rentlytics Partners with Avenue5 Residential to Introduce New Open Data Services Offering

Share:

Rentlytics Partners with Avenue5 Residential to Introduce New Open Data Services Offering

PR Newswire

SAN FRANCISCO, Aug. 15, 2018 /PRNewswire/ -- Today, Rentlytics, Inc., provider of a software-as-a-service (SaaS) based data analytics platform for the multifamily real estate industry, announced the availability of Open Data Services for its flagship Business Intelligence (BI) product. Open Data Services will enable Rentlytics' customers to bring any data into the BI platform, regardless of where that data is stored.

Rentlytics: Data Analytics for the Multifamily Real Estate Industry
http://rentlytics.com/ (PRNewsfoto/Rentlytics Inc.)

Historically, Rentlytics has distinguished itself within multifamily analytics by being the foremost, platform-agnostic vendor to aggregate property management system data. Now, by offering a truly open data platform built specifically for multifamily, Rentlytics can ingest property management system data alongside any number of best-of-breed solutions and internal, organization-specific data. Once this previously siloed data enters Rentlytics BI, it is automatically compiled into visual, actionable analytics, so users can make better, more informed decisions.

"We want to enable customers to have a full, 360-degree view of their business performance within Rentlytics, making it the platform for multifamily data analysis. There's a thriving technology ecosystem within the multifamily industry, and by establishing strong partnerships with these organizations and integrating their data, together we will be able to deliver better insights to our customers and provide them one access point to all their relevant data," said Rentlytics CEO, Justin Alanis.

As part of its official launch of this new functionality, Rentlytics has partnered with one of the fastest-growing management companies in the nation, Avenue5 Residential. Avenue5, a private third-party multifamily management firm, oversees more than 245 properties and 48,000 units in 11 states. Avenue5, which grew its holdings by almost 38% from 2017 to 2018, utilizes Rentlytics' advanced technology in order to support its continued expansion and scale its service delivery across the United States.

"At Avenue5, we consistently look for ways to add value for multifamily owners, work more efficiently, and facilitate collaboration with our clients using data that promotes strategic decision-making," stated Steve Davis, Chief Operations Officer at Avenue5. "Our partnership with Rentlytics and access to Open Data Services will allow us and our clients to remain competitive in local markets that are constantly evolving, using a solution designed specifically for our industry."

This strategic partnership between Rentlytics and Avenue5 Residential will ensure Open Data Services is informed by the needs and guidance of multifamily experts. Avenue5 Residential will be the first Rentlytics client to leverage Open Data Services and use consolidated data analytics across their business. Rentlytics will continue to extend Open Data Services with new integrations and by providing this premium offering to additional clients.

About Rentlytics

Rentlytics delivers the leading Software-as-a-Service (SaaS) data analytics platform to the multifamily real estate industry. Headquartered in San Francisco, Rentlytics was founded in 2013 to solve the core analytical challenge of modern multifamily businesses today: bringing all of the data important to your portfolio into one place, making it easy to analyze and act on. Today, Rentlytics helps many of the world's largest multifamily real estate investors and managers leverage data to drive better portfolio performance and grow returns.

About Avenue5 Residential

Avenue5, a multifamily property management services firm, oversees over 245 properties and 48,000 units in 11 states. The company is headquartered in Seattle and has offices in Denver, Phoenix, Portland, San Diego, Orange County, and greater Washington, DC. Avenue5 also has local experts in major markets including Spokane, Southern and Northern California, Reno, Las Vegas, Salt Lake City, Albuquerque, Colorado Springs, Austin, San Antonio, Dallas, and Baltimore. The firm employs about 1,300 associates nationwide. www.avenue5.com

 

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/rentlytics-partners-with-avenue5-residential-to-introduce-new-open-data-services-offering-300697322.html

SOURCE Rentlytics

View Comments and Join the Discussion!