CONTI Organization Adopts RealPage® Investment Accounting Platform
RICHARDSON, Texas--(BUSINESS WIRE)-- RealPage, Inc. (NASDAQ:RP), a leading global provider of software and data analytics to the real estate industry, has announced that value-add multifamily real estate investment firm CONTI Organization has deployed the RealPage Investment Accounting platform. CONTI’s portfolio includes 29 properties comprising approximately 7,500 units.
“We needed consolidated financial reporting to track returns and income allocations, while also automating our consolidations and capital transaction processing to drive staff efficiency,” explains Emily Liu, Controller at CONTI. “We have a long-term mindset and invest in technology that supports our growth while enhancing the client experience – which are critical to our success at CONTI.”
Lui also says integrating the RealPage Investment Accounting platform will allow CONTI to continue delivering the kind of service and performance its investors expect for the next 10+ years.
“The RealPage Investment Accounting platform is the perfect fit for CONTI, a growing middle market real estate investment company looking to leverage new technology to get an edge,” said Alan James, Senior Vice President of Asset and Investment Management at RealPage. “In addition to answering their need to consolidate financial reporting and automate tasks they’re handling manually, the software will give CONTI a powerful lens into property performance that will improve decision-making.”
James added: “We’re seeing more and more companies like CONTI recognize that exploiting technology is often a more effective way to boost NOI than digging for additional onsite cost savings and revenue enhancement. Now they’re looking for tools that magnify their capabilities in terms of productivity and spotting opportunities for tweaking performance, which is exactly what software like this delivers. We love working with forward-thinking companies like CONTI.”
RealPage is a leading global provider of software and data analytics to the real estate industry. Clients use its platform to improve operating performance and increase capital returns. Founded in 1998 and headquartered in Richardson, Texas, RealPage currently serves more than 12,400 clients worldwide from offices in North America, Europe and Asia. For more information about the company, visit https://www.realpage.com.
CONTI Organization is a real estate investment company focused on the acquisition and operation of value-added multifamily properties in Texas, delivering passive income and maximizing risk-adjusted returns for their investment partners. To learn more about the CONTI Organization and multifamily real estate investment opportunities, contact firstname.lastname@example.org.
Source: RealPage, Inc.
Released January 4, 2019