Company helps NAAEI meet 63% of its $7.5 million fundraising goal.
(July 21, 2014) — RealPage, Inc. (NASDAQ:RP), a leading provider of on-demand property management solutions, today announced it is pledging half a million dollars to the National Apartment Association Educational Institution’s (NAAEI) NOW capital campaign. RealPage’s donation, which will be paid out over five years, helped the campaign reach 63% of its goal to raise $7.5 million dollars.
“On behalf of the NAAEI Board of Directors, I am thrilled that RealPage is showing their commitment to the growth and success of the apartment industry,” said Rick Graf, president and CEO of Pinnacle and Chair of the NAAEI NOW campaign Executive Committee. “Their gift to the NOW capital campaign is a huge boost to our efforts to lead the industry to develop a deep stream of educational programs and capable leaders now and for the future.”
The announcement was made in Chicago on Monday, July 21 during RealPage’s RealWorld User Conference in front of over a thousand attendees. With this pledge, RealPage joins a list of other industry leaders who have donated to this campaign, including Pinnacle, Greystar, Lincoln Property Company, Winn Residential, Lowe’s ProServices, Weidner Apartment Homes and Equity Residential, among others. The multi-year campaign will build new programs and services to address areas of greatest needs in the apartment industry from recruiting to leadership development, retention of talent, and more.
“As a dedicated member of the apartment market for over 25 years, we consider this an investment in developing our industry’s future workforce,” said Steve Winn, CEO, RealPage. “The NAAEI and its partners are doing a tremendous job of helping advance our industry which will benefit everyone from property management companies to vendors and even residents.”
About NAAEI
The National Apartment Association Education Institute (NAAEI) is the education arm of the National Apartment Association. The mission of the NAAEI is to provide broad-based education, training and recruitment programs that attract, nurture and retain high-quality professionals and develop tomorrow’s apartment industry leaders.
About RealPage, Inc.
RealPage, Inc. is a leading provider of comprehensive property management software solutions for the multifamily, commercial, single-family and vacation rental housing industries. These solutions help property owners increase efficiency, decrease expenses, enhance the resident experience and generate more revenue. Using its innovative SaaS platform, RealPage’s on-demand software enables easy system integration and streamlines online property management. Its product line covers the full spectrum of property management solutions, including leasing, accounting, revenue management, marketing solutions, resident services, renter insurance, utility management, spend management and apartment market research. Founded in 1998 and headquartered in Carrollton, Texas, RealPage currently serves over 9,200 clients worldwide from offices in North America, Europe and Asia. For more information about the company, visit www.realpage.com.