ATLANTA, GA - The Rainmaker Group, the leading provider of revenue management and profit optimization solutions to the multifamily housing and gaming/hospitality industries, announces the integration of its LRO™ software, an automated pricing software designed to provide more robust pricing analytics and superior reporting methodologies for owners/operators of multifamily communities, with Jenark™ property management software from CoreLogic. Jenark software is designed specifically for the property management industry and serves more than 300 management companies and self-managed communities throughout the United States. The integration will offer Jenark software users greater accessibility, reduce data-input error rates and improve overall operational efficiencies when applying community and leasing data to power their LRO software.
“The integration with Jenark is the fifth integration of its kind between Rainmaker LRO and leading property management software providers in the industry,” said Andrew Rains, executive vice president of Rainmaker LRO. “As the only revenue management platform to develop these types of integrations, we are better positioned to provide the most streamlined user experience from the executive to the on-site level. It is an honor to partner and work so closely with CoreLogic on this integration and help the company better serve its customers.”
The integration is a result of stellar customer relations from both the Rainmaker LRO team and the Jenark software team. After discussions with customers on the mutually inclusive benefits available as a result of this relationship, the companies worked closely to complete the integration within a two-month timeframe. The final product is the inclusion of various on-site interfaces necessary to complete data entry of move-in, move-outs and renewals. By enabling data to be pulled directly from Jenark, the integration ensures greater accuracy in pricing recommendations, which creates more streamlined efficiencies and superior ease of use for the on-site professionals as well as stronger confidence in pricing practices.
"We are really pleased with the pace of the integration and we're looking forward to continuing to add capabilities to the software platform on behalf of our customers," said Mark Jennings, vice president, Jenark property management software. "The development effort was in response to several clients specifically requesting the integration between Jenark and the Rainmaker LRO platform. I think that is a testament to the positive reputation that Rainmaker LRO has achieved in the marketplace and a testament to Jenark’s drive not only to be responsive to the requests of our clients but to make both software systems as efficient as possible."
Rainmaker LRO™ is the leading multifamily lease rate optimization solution used to maximize revenue from apartment leases. The system calculates optimized pricing based on multiple factors that influence rate setting, including traffic and lease duration, move-in dates, competitive affects and other metrics. The system also produces enterprise-wide demand forecasts by measuring and analyzing historical and current market metrics and performing calculations necessary for occupancy predictions that are dynamically updated as market conditions change.
The Rainmaker Group is the market leader in profit optimization solutions for the Multifamily Housing and Gaming & Hospitality industries. Rainmaker software, coupled with professional business consulting services, enables multifamily housing operators to maximize revenue from apartment leases and helps operators of casino hotels and other hospitality enterprises secure the most valuable customers to increase their profitability. Rainmaker is a Microsoft Gold Certified Partner and leverages cutting-edge research in order to bring customers the most sophisticated solutions to their revenue management challenges. Adopted by industry leaders and niche players alike, Rainmaker solutions provide clients a strategic advantage in achieving the highest profitability from their assets. Multifamily housing clients include leaders such as Archstone, AvalonBay Communities, Equity Residential, Gables Residential, Post Properties, Mid-America Apartment Communities and more. Gaming/Hospitality clients include leading casino/hotel organizations such as Atlantis The Palm Dubai, Caesars Entertainment, MGM Resorts International, Omni Hotels & Resorts, Wynn Las Vegas and many others. Headquartered in northern Atlanta, GA, Rainmaker is an innovator and thought leader in the highly specialized revenue optimization field. In 2011, Inc. magazine ranked Rainmaker among America’s top 5,000 fastest-growing, privately-held companies.
CoreLogic (NYSE: CLGX) is a leading provider of consumer, financial and property information, analytics and services to business and government. The Company combines public, contributory and proprietary data to develop predictive decision analytics and provide business services that bring dynamic insight and transparency to the markets it serves. CoreLogic has built one of the largest and most comprehensive U.S. real estate, mortgage application, fraud, and loan performance databases and is a recognized leading provider of mortgage and automotive credit reporting, property tax, valuation, flood determination, and geospatial analytics and services. More than one million users rely on CoreLogic to assess risk, support underwriting, investment and marketing decisions, prevent fraud, and improve business performance in their daily operations. The Company, headquartered in Santa Ana, Calif., has approximately 5,000 employees globally.