No Surprises: Pursue Transparency Through Data
In a dynamic rental marketplace, multifamily real estate leaders must deliver the right information at the right time to drive the best possible business results — and meet stakeholder expectations.
But how are organizations that do not employ a team of data scientists supporting back-office, leasing and on-property teams to accomplish a seemingly Herculean feat?
In this episode of our Voices for 2023 series, we explore with our partners how they aggregate, normalize, analyze and leverage their performance data to enhance both transparency and direction in their operations — today and tomorrow.
Join multifamily business leaders in a discussion with RealPage® industry principals Andrew Bowen and Tracy Saffos on trends and topics including:
- Challenges in aggregating & normalizing data across multiple platforms — plus how to solve them
- Strategies for progressing from historical reporting to predictive analysis
- Moving forward from “data-driven” to ”informed by analysis”
- Evaluating property performance relative to market performance
Andrew Bowen serves RealPage customers and partners as a Vice President and Industry Principal dedicated to the Institutional and Build-to-Rent spaces. For over a decade, his focus has been on the tools that help investors and operators of multifamily real estate drive yield through better leveraging data and analytics.
Considered one of the experts on revenue management in multifamily, he is a regularly featured speaker on both the webcast and conference circuit, bringing a passion backed by over 20 years of operational experience to the conversation.
Andrew holds a Bachelor of Science in Aquatic Biology from the University of California at Santa Barbara. When not pontificating on the future of the industry, you can usually find him either in the gym or on the lake with his two grown “boys” and his wife of 25 years.
Tracy Saffos
Industry Principal, Asset Optimization, RealPage, Inc.As an Industry Principal in the Asset Optimization group at RealPage, Tracy supports all Asset Optimization as well as Consumer Solutions. She joined RealPage in January 2014 after a 30-year career in multifamily real estate.
Tracy was Vice President of Operations for a 50,000 unit Multifamily REIT based in Denver where she was responsible for a portfolio of 10,000 units in California an Arizona. Responsible for 34 communities and revenues of over $142 million annually, she was awarded with the “Distinguished Service Award” and “Career Achievement Award” by this REIT.
Tracy also served as Vice President of Multifamily Operations for a 40,000 unit Diversified REIT. She managed a portfolio of over 9,500 units in Florida, Georgia, Virginia and Alabama for which she was awarded the “Vice President of the Year” for exceptional financial and operational achievements.
