Products - Recurring Rent Payments

Testimonials

Company Overview
Bank of America Merrill Lynch Serves 40 of the Top 50 property management companies
McKinley, Inc. 29,117 multifamily units
E&S Ring Management Corporation 9,000 units
Westdale Asset Management 50,000 units
Alliance Residential 45,000 units
Fogelman Management 18,000 units
Sawyer Realty Holdings 25,000 units
Texas Apartment Association Largest statewide apartment association in the U.S.
Realty DataTrust / VaultWare Online leasing solutions for multifamily

Rick Bridwell, Senior Vice President

Bank of America Merrill Lynch

“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.”

Bank of America Merrill Lynch is one of the nation’s largest lenders to the multifamily housing industry and currently provides banking, lending and payment processing services to more than 40 of the top 50 property management companies in the U.S.

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Kevin Winkelmann, Assistant Vice President of Business Services

McKinley, Inc.

Portfolio: 29,117 multifamily units

“We have been extremely pleased with the service and support from PropertyBridge, including the opportunity to participate in promotional programs like the 2009 Resident Sweepstakes. Resident awareness of online payment options combined with check scanners onsite at the properties make for a winning combination to achieve high electronic payment adoption and a strong return on investment."

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LyLy Ruiz, Manager of Business Information Systems

E&S Ring Management Corporation

Portfolio: 38 properties / 9,000 units

"We love the payment search feature. It allows us to search for a specific payment based on various criteria. By pulling only the data that is needed, the search process and results are much more efficient.  Results are instantaneous and have helped with reconciliation." 

“Marketing support is one of the many reasons we chose PropertyBridge over other providers. We recently began communicating our new electronic payment options to residents using custom materials provided by PropertyBridge, and are excited to see how this free program helps boost resident payment adoption at our communities over the coming months.”

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Trevor Bert, Controller

Westdale Asset Management

Portfolio: 155 properties / 50,000 units

“We are extremely pleased with the boost in electronic payment adoption rates as a result of the Community Contest. A 47% increase in transactions at top performing properties is evidence that our communities were very motivated by the contest and worked hard to promote paying rent with PropertyBridge.”

 

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Michelle Betchner, Vice President of Performance

Alliance Residential

Portfolio: 160 communities / 45,000 units

“We are continually rolling out new properties on the PropertyBridge system. We anticipate that PropertyBridge’s marketing resource center will be a valuable tool to quickly and conveniently customize marketing materials for our properties. Communicating our convenient online payment options to residents is an important component of our strategy to maximize the benefits of our payment solution across the entire organization.”

Jessie Sordahl, Business Manager, Broadstone Ancala Apartments

Alliance Residential

“We reminded everyone who brought a rent check to our office that they could save time by paying with a credit or debit card online. Fewer checks in the leasing office gives us more time to focus on other important tasks.”

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Melissa Levesque Smith, Senior Vice President of Internal Operations

Fogelman Management

Portfolio: 18,000 units

“We will only embrace innovation if it is thoroughly tested, simple to implement, and well-aligned with our existing business processes. This has been the case with the latest PropertyBridge release. As an example, our recent internal contest to drive usage of recurring payments was supported with new personalized announcements on the PropertyBridge application ‘home’ pages for both our residents and community managers. This made it easy to raise awareness with all key parties involved.”

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Kevin Kordon, Director of Business Process

Sawyer Realty Holdings

Portfolio: 25,000 units

“We hope to fully leverage PropertyBridge’s payments platform to automate many processes that have formerly been primarily manual. PropertyBridge has freed up our community managers to focus more on sales and management, and less on the time-consuming tasks associated with collecting rent. We looked for a payments solution that was not only compliant and secure, but that was flexible enough to integrate with our Jenark and Association Voice software. PropertyBridge was the only solution to meet these requirements.”

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George B. Allen, CAE, Executive Vice President

Texas Apartment Association

“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. We have worked closely with PropertyBridge to offer their deep resources throughout our membership. We are delighted that all of our members can now take advantage of this best-of-breed payments solution.”

TAA is the largest statewide apartment association in the United States, with 25 affiliated local associations in Texas, 10,500 members, representing more than 1.75 million units

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Mike Cornell, Chief Operating Officer

Realty DataTrust / VaultWare

“Enhancing our application with online application fee collection from PropertyBridge is a significant value-add for our customers. We are pleased to offer this feature to further extend the leasing capabilities of VaultWare customers.”

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