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LeasingDesk Press Releases


RealPage® Offers Early Registration Discount for 2012 RealWorld User Conference

Early registration discount of 0 offered through December 31, 2011

CARROLLTON, Texas (December 13, 2011)—RealPage, Inc. (NASDAQ: RP) is putting a little something into the stockings of its customers who register for its 2012 RealWorld user conference: 0 off the registration fee. To take advantage of the early registration discount, individuals must register online at www.realpage.com/realworld/register-online by midnight CST, December 31, and use the promotional code RW100.


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RealPage Cloud Operates Up To 10 Times Faster at 30 Percent less Cost

CARROLLTON, Texas (April 25, 2011)—RealPage, Inc. (NASDAQ: RP), reports performance up to 10 times faster and cost savings of up to 30 percent for companies that host their IT infrastructure in the RealPage Cloud. Cloud Computing is a disruptive technology that is changing the IT landscape in almost every major industry including rental housing. (Click here for a video link: http://www.realpage.com/cloud.)


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RealPage® Sets Stage in Vegas for 11th Annual RealWorld User Conference

Event promises to be biggest, most informative yet for the multifamily industry. Early registration incentive offered through April 15.

CARROLLTON, Texas (March 14, 2011)—More than 1,000 rental housing professionals are expected to descend in Las Vegas July 31-Aug. 2 at the ARIA® Resort & Casino for three days of networking, learning and a first-hand look at the latest innovations at RealWorld 2011, the 11th annual User Conference hosted by RealPage, Inc. (NASDAQ: RP). As a special incentive, RealPage is offering a discount to individuals who sign up by Friday, April 15.



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LeasingDesk® Launches Credit Optimizer

Screening enhancement works to systematically drive occupancy.

CARROLLTON, Texas (August 24, 2010)—LeasingDesk(www.leasingdesk.com), a leading provider of risk mitigation systems for the multifamily industry and a wholly-owned subsidiary of RealPage, Inc. (www.realpage.com), today launched Credit Optimizer, a new enhancement designed to improve leasing operations by systematically adjusting resident screening thresholds to maximize a community's occupancy and profitability. Credit Optimizer's screening flexibility helps property owners and managers improve occupancy levels by automatically adjusting a community's lower credit thresholds, allowing applicants to qualify for a lease while minimizing a community's overall financial exposure from higher credit risks, fair housing violations, or asset devaluation.
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LeasingDesk® Introduces Event Liability Insurance for Residents

Provides residents and owners with liability coverage for resident-hosted events

CARROLLTON, Texas (July 13, 2010)—LeasingDesk (www.leasingdesk.com), a leading provider of risk mitigation systems for the multifamily industry and a wholly-owned subsidiary of RealPage, Inc. (www.realpage.com), today announced the availability of special event liability insurance for residents who host one-day gatherings in property clubhouses or at other local off-site locations.

“This affordable liability protection is designed to provide protection to the resident and the property owner that a standard renter's policy does not provide,” said David Carner, president of LeasingDesk. “We believe liability protection will soon become a requirement for many properties any time the clubhouse is rented, because it offers protection to the owner and the resident and the cost is not prohibitive.”

This newest product offering is the company's most recent move to bring innovative insurance products to market that are affordable and match an apartment resident's lifestyle, while mitigating cost of risk to owners.
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LeasingDesk® Adds Two Endorsements to eRenterPlan

Sewer and Pet Damage Coverage Options Offer Renters Additional Protection

CARROLLTON, Texas (May 20, 2010)—LeasingDesk, a leading provider of risk mitigation systems for the multifamily industry and a wholly owned subsidiary of RealPage, Inc.(www.realpage.com), today announces new sewer/water backup and pet damage endorsements for its flagship product, eRenterPlan renter's insurance (www.erenterplan.com). The offerings provide policyholders greater protection from financial loss due to personal property damage from plumbing backups and excessive pet destruction to an apartment unit.


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LeasingDesk® Launches Unique Insurance Product to Protect Against Gaps in Resident Liability Coverage

CARROLLTON, Texas (March 17, 2010) — LeasingDesk, a leading provider of risk mitigation systems for the multifamily industry and a wholly owned subsidiary of RealPage, Inc., (www.realpage.com), today announces the availability of RenterProtection™, a supplemental insurance product that provides limited liability coverage to the owner in the event a renter's insurance policy lapses, is canceled, or the renter has no insurance. Leveraging a comprehensive integration with LeasingDesk's flagship offering, eRenterPlan™ renter's insurance, RenterProtection is automatically activated when a resident's renter's insurance policy has been discontinued, providing owners with seamless coverage from exposure to risk.

“Managing a required renter's insurance program can be incredibly time consuming and often inaccurate without online tracking capabilities,” explained David Carner, president of LeasingDesk. “The ability to track enforcement of renter's insurance policies through the property management system and have RenterProtection kick in when a policy lapses, makes it easy for an owner to manage risk transfer in an efficient and cost-effective manner.”


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LeasingDesk Launches New Web Site

CARROLLTON, Texas (October 1, 2009)—LeasingDesk, a leading provider of risk mitigation systems for the multifamily industry, and a wholly owned subsidiary of RealPage, Inc., today announces the launch of a newly designed web site, www.leasingdesk.com. The new web site features expanded content for its resident screening and renter's insurance products, two of the industry's most innovative risk management solutions.

“Applicant screening and renter's insurance are the cornerstones of multifamily risk management programs, and the new LeasingDesk web site clearly demonstrates how important both are to the short-term profitability and long-term valuation of a property,” said David Carner, president, LeasingDesk.


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New RealPage Cloud Computing Division (the "Cloud") Formed

RealPage Cloud offers first Infrastructure-as-a-Service to the multifamily industry.

CARROLLTON, Texas (September 22, 2009) RealPage, Inc (www.realpage.com), today announced an Infrastructure-as-a-Service (IaaS) offering for owners and operators of multifamily properties. The service will be offered under the trade name RealPage Cloud Computing (or simply the "Cloud", a new division of RealPage that will provide computing services to RealPage clients operating in two fully redundant data centers connected by dual 10 Gigabit dedicated fiber circuits.

"The RealPage Cloud is the single largest data center in the U.S. dedicated solely to the multifamily real estate industry," said Jason Lindwall, president of RealPage Cloud Computing. "In addition to hosting all RealPage applications on hundreds of servers with more than 300 terabytes of storage and the fastest possible redundant connections to the Internet, we are also offering hosting services for popular third party accounting platforms."


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LeasingDesk® Enhances eRenterPlan With New Insurance Products

Stolen Identity Coverage and Pet Insurance Now Available to Policyholders

CARROLLTON, Texas (May 28, 2009) — LeasingDesk© Insurance Services, a leading provider of risk mitigation systems for the multifamily industry, and a wholly owned subsidiary of RealPage, Inc., today announces the availability of stolen identity protection and pet insurance in addition to its flagship insurance product, eRenterPlan. The new enhancements offer new and existing eRenterPlan policyholders greater protection from financial loss associated with identity theft and medical expenses for a family pet.
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LeasingDesk Announces Vice President of Operations

Brian Keep Brings More Than 20 Years of Insurance Experience to Multifamily Industry

Carrollton, TX, May 12, 2009—LeasingDesk© Insurance Services, a wholly owned subsidiary of RealPage, Inc., and a leading provider of point of lease systems to the multifamily industry, today announces Brian Keep as vice president of operations. In his new role, Keep is responsible for day-to-day functions including product development, account management, sales and catastrophe responses in collaboration with each of the company's underwriters. He also oversees all facets of the LeasingDesk customer call center.

“Brian's extensive experience and success in the insurance industry will provide LeasingDesk's multifamily clients with even greater policy support and service,” said David Carner, president of LeasingDesk. “We are confident he will continue to position LeasingDesk as the leading provider of risk mitigation products to the multifamily industry.”


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LeasingDesk® Optimizes Resident Screening Solution

Improves Accuracy of Criminal Record Matching

CARROLLTON, TX - (February 4, 2009)— LeasingDesk, a leading provider of risk mitigation systems for the multifamily industry, and a wholly owned subsidiary of RealPage, Inc., today announces advanced criminal record search logic in its resident screening offering. This enhancement increases the accuracy of the returned data, reducing the possibility of false positive matches, and effectively improves an owner's ability to identify quality residents.

Today's weakened economic landscape reinforces the importance of comprehensive resident screening techniques and data to ensure multifamily owners can identify the most qualified prospective residents. False positive criminal matches, often caused by unregulated information and ambiguous identification data found in electronic records, can hinder an owner's ability to effectively evaluate a prospective resident. These flawed results may lead to the rejection of a prospect who, in reality, is a quality resident with a strong rental payment history.


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California Fires Deal Multifamily Industry Another Devastating Blow

Renter's Insurance Claims Processed After Fire Destroys Community, Displaces Hundreds of Residents

IRVINE, Calif. (November 26, 2008)—The Southern California wildfires destroyed several structures and rendered multiple buildings uninhabitable at The Cascades apartment community, a 292-unit garden style complex in Anaheim Hills, Calif. LeasingDesk© Insurance Services, a wholly owned subsidiary of RealPage, Inc., and a leading provider of full participation insurance programs for the multifamily industry, along with American Modern Insurance Group, the major underwriter of its liability and renter's insurance policies, today announced more than 69 renter's insurance claims have been filed. More than 95 percent of the claims have been closed and the companies anticipate providing more than 0,000 in loss reimbursements related to total or partial loss, smoke and fire damage as well as temporary living expenses once all claims are finalized.


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Renter's Insurance Claims Spike in the Aftermath of Hurricane

LeasingDesk and American Modern Insurance Group Assisting More than 300 Policyholders Through Claims Process

IRVINE, CA (October 21, 2008)—LeasingDesk® Insurance Services, a wholly owned subsidiary of RealPage, Inc., and a leading provider of point of lease systems for the multifamily industry, along with American Modern Insurance Group, the major underwriter of its liability and renter's insurance policies, today announced more than 300 renter's insurance claims have been filed in the weeks following Hurricane Ike. The majority of the affected policyholders were in the Houston area and to date more than 4,000 in payments have been distributed, averaging module,493 per claim. The companies anticipate providing more than 0,000 in total loss reimbursements once all claims are finalized.


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LeasingDesk ® eRenterPlan Fully Integrates With OneSite® Leasing and Rents

Owners Gain Increased Renter's Insurance Tracking and Compliance Capabilities

IRVINE, CA — October 3, 2008 — LeasingDesk™, a wholly owned subsidiary of RealPage, Inc., and a leading provider of point of lease systems for the multifamily industry, today announced the final integration of its flagship offering, eRenterPlan, into RealPage's OneSite© Leasing and Rents. The completed integration enables owners to improve lease compliance and track a resident's policy to ensure conditions of the full participation renter's insurance program are met.

At communities requiring renter's insurance as a condition of residency, OneSite now prompts the leasing professional to enter the new resident's insurance policy information into the system before the lease agreement can be completed. Collecting this information at the point of lease ensures each resident has active coverage, streamlines the enrollment process and generates increased office efficiencies, tracking capabilities and program compliance. Furthering reducing exposure to risk, the solution's instant updates alert an owner when a resident has cancelled their eRenterPlan policy or when coverage is about to expire.


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RealPage Earns Technology Awards from Multi-Housing News

CARROLLTON, Texas (August 19, 2008) — RealPage, Inc., a leading provider of on-demand software and services to the multifamily industry, today announced it received seven 2008 Technology Choice Awards from Multi-Housing News for products in its property management portfolio.

The Technology Choice awards are held annually by Multi-Housing News magazine, with the results based on votes from its readers: multifamily industry executives and professionals. Multi-Housing News currently has a readership of more than 85,000 per month.

“This vote of approval from our customers is a true honor; especially earning these significant awards for consecutive years,” stated Steve Winn, president and chief executive officer of RealPage. “We will continue to improve the technology and enhance the services in the RealPage portfolio to meet our customers' needs for property management efficiency, accuracy and profitability.”
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LeasingDesk Launches Corporate Housing Screening

The industry's first integrated corporate housing screening solution

IRVINE, CA — June 2, 2008 — LeasingDesk™, a division of RealPage, Inc., and a leading provider of point of lease systems for the multifamily industry, today announced the integration of corporate housing functionality into its resident screening product. LeasingDesk Resident Screening is now the only platform in the industry enabling owners with an integrated and streamlined ability to deliver corporate lease recommendations.


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LeasingDesk & American Modern Insurance Group Proactively Contact Policyholders Affected by Atlanta Tornado

Onsite Claims Office Established; Free Internet & Cell Phone Access Available to All Fulton Cotton Mills Community Residents

IRVINE, CA — March 21, 2008 — LeasingDeskTM Insurance Services, a wholly owned subsidiary of RealPage, Inc., and a leading provider of point of lease systems for the multifamily industry, along with American Modern Insurance Group, the major underwriter of its liability and renter's insurance policies, today announced efforts to expedite the claims process for its 47 policyholders living at the Fulton Cotton Mill Lofts, impacted by the recent tornado in Atlanta. The community was severely damaged, destroying personal property and displacing some residents.

“Considering the magnitude of damage to the community, it is very fortunate no one was seriously injured,” said Dirk Wakeham, president of LeasingDesk. “Our immediate priority is to take care of our policyholders and make resources available to all residents of the property during this exceptionally difficult time.”
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LeasingDesk Adds Leader to National Account Team

Larry Bellack Hired As Strategic Account Manager

IRVINE, Calif., January 28, 2008 — LeasingDesk Insurance Services, a wholly owned subsidiary of RealPage, Inc., and a leading provider of point of lease systems to the multifamily industry, today announces Larry Bellack as strategic account manager. In his new role, Bellack will be primarily responsible for growing market share for LeasingDesk's flagship product, eRenterPlan, within the multifamily industry.

Bellack will serve the Mid-Atlantic and Northeast regions by educating multifamily owner/operators on the importance of utilizing risk mitigation products to safeguard properties and increase NOI. Additionally, he will partner with trade and industry associations to expand LeasingDesk brand awareness on national, state and local levels.


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RealPage Enhances Resident Screening With New Foreclosure Settings

Property Managers and Owners Benefit From Advanced Risk Evaluation

CARROLLTON, Texas—January 14, 2008—RealPage, Inc., a leading provider of point of lease systems for the multifamily industry, today announced the availability of broader settings within its LeasingDesk™ Screening system effectively improving the screening of applicants with past foreclosures. The new controls give owner/operators the ability to better evaluate risks associated from applicants with a recent home loan default.

The new controls deliver enhanced flexibility for multifamily resident screening if a prospect has a prior mortgage default. The software enables owner/operators to filter this specific credit information, acknowledging a foreclosure, but giving the option to remove it from the prospect's overall credit score. Owner/operators gain a greater capacity to recognize quality residents by adjusting the settings to require additional conditions for residency with a foreclosure or automatically deny an application if the risk is too great.


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Multifamily Owners Gain New Tool to Protect Against Loss

RenterProtection Plan Delivers Supplemental Insurance Coverage at Low Cost

IRVINE, CA, October 22, 2007—LeasingDeskTM Insurance Services, a wholly owned subsidiary of RealPage, Inc., and a leading provider of point of lease systems to the multifamily industry, today announced the availability of its new insurance supplement, RenterProtectionTM. This cost-effective program allows owners to purchase a policy that protects against financial loss due to resident-caused damages related to water, fire, smoke or explosion in residential units.


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Expanded LeasingDesk Automates Entire Leasing Process

New Point of Lease Systems Expedite Every Step of Lease Execution

IRVINE, Calif., June 28, 2007—LeasingDesk, a wholly owned subsidiary of RealPage, Inc., today announced an expanded suite of solutions that simplifies and expedites the leasing process for multifamily communities. The comprehensive offering streamlines the execution of leases by automating processes at the point of lease.

For the first time, the entire point-of-lease workflow is a streamlined process that's fast, easy and efficient. The enhanced offering includes online leasing, resident screening, electronic lease document management, eSignature capabilities, a security deposit alternative and renter's insurance. With the LeasingDesk suite in place, owners enable prospective residents to complete the entire leasing process online, from application to a legally binding eSignature, 24 hours a day, seven days a week from anywhere with an Internet connection.


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LeasingDesk Is Now the Only Renter's Insurance Provider in All 50 States

Launches Renter's and Liability Insurance Program in Florida

IRVINE, CA — June 7, 2007 — LeasingDesk Insurance Services, the leading provider of risk management solutions for the multifamily industry, today announced the availability of its flagship program, eRenterPlanSM Preferred, in the Florida market. The program, which provides renter's and liability insurance, is now available to residents in all 50 states.


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RealPage Acquires LeasingDesk Insurance Services

Software Provider Expands Risk Management Offerings for Multifamily Owners

CARROLLTON, Texas / IRVINE, Calif. (April 16, 2007) - RealPage, Inc., a leading provider of on-demand software and services to the multifamily industry, today announced the acquisition of Multifamily Internet Ventures, LLC, the Irvine, California-based parent company of LeasingDesk Insurance ServicesTM.

LeasingDesk, the largest provider of resident insurance programs for the multifamily industry, is now a wholly owned subsidiary of RealPage. Dirk Wakeham, president and CEO, will continue to manage day-to-day operations, and current employees and sales professionals will remain with the company.


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