IRVINE, CA - NWP Services Corporation (NWP) today announced that Lincoln Property Company (LPC), a leader in residential property management, has entered into an agreement with the company as a national Preferred Provider of Resident Billing, Utility Management and Utility Theft Recovery Services. NWP is the leading provider of financial transaction processing solutions for the multifamily housing industry serving thousands of multifamily apartment communities across the United States.
"We are pleased to announce this relationship with NWP as we strive for better results, better systems and new ways to serve our residents and owners," said Scott Wilder, Senior Vice President of Residential Management at LPC. "The combination of their proven expertise in the accurate and timely billing of our residents, and the scope and quality of services will strengthen our financial position and improve the Net Operating Income for our participating properties. NWP's focus on technology and their successful integration with property management software systems like Yardi has exceeded our requirements and expectations and we look forward to seeing improved financial results and processes very soon," Wilder added.
"We are pleased that Lincoln has selected NWP as its preferred provider of resident billing and utility management services and we are very excited to have Lincoln join the NWP family of customers," said Michael Radice, president and CEO of NWP. "Utilizing NWP's proven programs, Lincoln will drive stronger operations, increase funds from operations and improve overall asset profitability for their owners across the portfolio."
NWP is a long-standing pillar in the multifamily industry. This focused history affords us a working knowledge of the industry's best practices and methods, enabling NWP to effectively target an optimal financial result for property owners. This knowledge and experience is built into NWP's fully integrated suite of products. Using NWP solutions, customers significantly increase NOI and FFO while reducing expenses related to resident utility consumption, utility invoice processing, utility management, resident billing services and rent payment processing.
Headquartered in Irvine, California, NWP Services Corporation (NWP) serves the multifamily housing industry as its leading financial transaction processing provider. NWP is known for its industry expertise delivering proven results and exceptional quality in resident billing, resident payment processing and utility management.
Source: NWP Services Corporation