Thought LeadershipPropertyBridge stands at the forefront of multifamily payments innovation by developing electronic payment processing solutions for residential property managers and owners. Since the company’s inception in 2004, PropertyBridge is known as an industry thought leader, raising awareness of key issues including payment compliance, integration, and marketing to support resident adoption.

Selected by Bank of America Merrill Lynch
In February 2010 PropertyBridge announced an agreement with Bank of America Merrill Lynch. One of the world’s largest financial institutions, Bank of America
Merrill Lynch is one of nation’s largest lenders to the multi-family housing industry and currently provides services to more than 40 of the top 50 property management companies in the U.S. Rick Bridwell, Senior Vice President of Bank of America Merrill Lynch stated, “We had identified a specific payments platform need for our multifamily clients, particularly the need to consolidate payment functionalities and integrate into back-end accounting systems. As we looked at opportunities to build our own solution or make an acquisition, PropertyBridge stood out to us as a complete package that we were looking for. It’s kind of like Dell powered by Intel, but this is going to be Bank of America powered by PropertyBridge. Most importantly, the partnership will help our customers better manage liquidity-very important in any environment, but especially in today’s environment.”

Exclusively Endorsed by the Texas Apartment Association
The company also participates in numerous state apartment associations to
provide guidance at a local level. The Texas Apartment Association, the largest statewide apartment association in the U.S. with more than 10,000 members representing more than 1.6 million units, selected PropertyBridge as its exclusive multifamily-specific payments service provider. George B, Allen, CAE, TAA Executive Vice President stated, “After a thorough review of vendors, and recommendations from outside parties, it was clear that the PropertyBridge Payments Platform was the best industry-specific fit for our members’ needs. PropertyBridge’s recognized multifamily industry leadership, field-proven technology, and strong commitment to the Texas market make it a natural choice as our payments partner.”

Industry Leadership
PropertyBridge is on the governing board of f the Multifamily Industry Transactions Standard (MITS) organization. MITS is an industry-wide effort by the apartment sector to develop common data standards and XML protocol to facilitate data and systems integration.

The company is also member of national industry trade associations including the National Apartment Association (NAA), the National Multi Housing Council (NMHC), and the National Association of Residential Property Managers (NARPM). The company also participates in the Public Housing Authorities Directors Association (PHADA).