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RealPage Expands Its Carrollton, Texas Headquarters

Expansion allows RealPage to continue providing industry-leading systems to the multifamily industry

(April 6, 2009) — RealPage, Inc., a leading provider of on-demand software and services to the multifamily industry, is expanding its headquarters. The company, located at 4000 International Parkway in Carrollton, Texas, is adding 28,205 sq. ft. by expanding its operations to the third and remaining floor.

RealPage is the recognized leader and pioneer in multifamily property management software, with a history of developing comprehensive, industry-leading property management systems for performance-conscious owners and managers.

RealPage is adding new employees across all areas of the company to provide cost-effective systems to the multifamily industry that enable property owners and managers to increase revenue through higher occupancy and pricing, capture more revenue through ancillary services and reduce operating expenses through more streamlined and centralized business processes.

“We’ve been fortunate to have our employee base double over the past couple of years. By expanding our operations to the third floor of the building, we will be able to better provide products and services to our customers in a time when they are trying to cut costs and improve NOI,” says RealPage CEO, Steve Winn.

Today, RealPage employs a total of more than 950 people located in its Carrollton, Texas, headquarters and offices around the country.

“RealPage has been a Billingsley Company tenant since 1999 and we have enjoyed watching their success over the years,” says Lucy Billingsley, partner, Billingsley Company. “We look forward to continuing our relationship with them and meeting any future needs for expansion.”

To schedule an interview with a RealPage executive, please contact Michael Cunningham at michael.cunningham@realpage.com or (972) 820-3409.

About RealPage
Located in Carrollton, Texas, a suburb of Dallas, RealPage provides products and services to more than 20,000 apartment communities across the United States. Its six on-demand product lines include OneSite© property management systems that automate the leasing, renting, management, and accounting of conventional, affordable, tax credit, student housing, and military properties; CrossFire© sales and marketing systems that boost occupancy and build retention; YieldStar© asset optimization systems that maximize asset valuation and investment return; Velocity utility management systems that accelerate payments for resident charges; LeasingDesk© risk mitigation systems that reduce a community’s exposure to risk and liability; and OpsTechnology spend management systems that help owners manage and reduce operating expenses. For more information, call 1-87-REALPAGE or visit www.realpage.com.

About Billingsley
Billingsley Company represents a diverse portfolio of real estate companies involving raw land acquisition, project development and property management. Headquartered in Dallas, Billingsley Company oversees ventures in office, industrial, residential, master-planned communities and build-to-suit properties. For further information, visit, www.billingsleyco.com.

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