In This Issue

Yardi News
Yardi Matrix Delivers Real-Time Apartment Market Intelligence Read More»

Client News
Rudin Management Company Inc. Standardizes on the Yardi Platform Read More»

Hankin Group Realizes Revenue Growth with Yardi RENTmaximizer Read More»

Kaftan Communities Repositions and Creates Value Read More»

Client in Focus
Wood Residential: Getting More from a Single-Stack Approach Read More»

Product & Technology News
Yardi Procure to Pay Featured on "Corporate Review" Read More»

Yardi Introduces RENTCafé Classifieds Read More»

Industry Trends
Takeaways from NAA 2015 Read More»

Property Prep: Climate Change Readiness Read More»

Passive Retention: Maximizing Landscaping Read More»

Lead Tracking and SEO: What You Need to Know Read More»

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Yardi Systems
North America
430 S. Fairview Avenue
Santa Barbara, CA 93117
United States

Sales: 800-866-1144
Support: 800-866-1124 sales@yardi.com

Hankin Group Realizes Revenue Growth with Yardi RENTmaximizer

Award-winning mixed portfolio developer, owner and manager adds Yardi RENTmaximizer to their Yardi Voyager platform to achieve consistent rental income growth

Pennsylvania-based Hankin Group has added Yardi RENTmaximizer™ to its web-based Yardi Voyager® property management and accounting platform to optimize revenue management and increase rent growth for its multifamily properties.

Before Yardi RENTmaximizer, Hankin Group was updating rental prices once per year and was not taking advantage of frequent market fluctuations. Site managers had to rely on manual calculation methods for their markets, and struggled to maintain competitive prices.

According to Michael Hankin, chief operating officer for Hankin Group, "Thanks to Yardi RENTmaximizer, which works seamlessly with our Yardi Voyager property management and accounting platform, our site managers no longer have to manually figure out competitive rents in their markets. After only 90 days using Yardi RENTmaximizer, we've seen an effective rent growth of 5%. We really appreciate the support we get from the Yardi RENTmaximizer team — including weekly pricing calls with our dedicated revenue management expert. It's so advantageous to have their analysis and input on how we are pricing our properties relative to our markets and business goals." He added, "As great as the Yardi RENTmaximizer algorithm is, having that second set of eyes on our data makes us feel like we have a safety net."

In addition to Yardi Voyager and Yardi RENTmaximizer, Hankin Group also uses Yardi Payment Processing™, Yardi Procure to Pay™, Yardi Resident Screening™, and RENTCafé™ from the Yardi Multifamily Suite™ to further automate, integrate, and streamline processes.

Hankin concluded, "With Yardi RENTmaximizer we can identify in real time any potential issues we need to address to continue to achieve consistent rental income growth for our properties."

"We are delighted that Hankin Group has joined many other valued clients in taking advantage of the Yardi Voyager single-stack solution — including Yardi RENTmaximizer — to increase revenue growth and realize operational gains across their portfolio," said Terri Dowen, senior vice president of sales for Yardi.

About Hankin Group

Hankin Group is comprised of industry professionals with expertise in planning, design, engineering, legal, approvals, finance, construction, leasing, sales, marketing and property management. With this full range of capability, Hankin Group guides every aspect of a project from conception to completion. Recognized with numerous awards for quality, design, innovation and sustainability, Hankin Group has been developing communities for more than 50 years. For more information, visit www.hankingroup.com.

Yardi Systems 430 S. Fairview Avenue Santa Barbara, CA 93117 United States