AppFolio

AppFolio Sees Strong Demand for New Plan Designed for Large Property Management Operations

Retrieved on: 
Thursday, March 7, 2024
Senior, Property, AI, WPD, API, PJ, Database, Atlas, Plus, Housing, AppFolio, Sales

This plan, designed for large operators with complex and diversified property portfolios, has sparked enthusiasm among both new and existing customers, accelerating AppFolio’s expansion and ability to scale with its fast-growing customer base.

Key Points: 
  • This plan, designed for large operators with complex and diversified property portfolios, has sparked enthusiasm among both new and existing customers, accelerating AppFolio’s expansion and ability to scale with its fast-growing customer base.
  • The growing list of prominent companies that have selected AppFolio Property Manager Max includes Atlas Real Estate Group , Nomad , Riedman , and WPD .
  • According to AppFolio data , 76% of property managers say that operational efficiency is the most important challenge their business faces today.
  • “AppFolio Property Manager Max extends the value of our platform to scale with our customers’ complex operations,” said Will Moxley, Senior Vice President of Product at AppFolio.

AppFolio’s Second Annual Property Manager Benchmark Report Reflects Changing Dynamics of 2024 Real Estate Market

Retrieved on: 
Thursday, February 15, 2024
AppFolio, Friction, AI, Communication

SANTA BARBARA, Calif., Feb. 15, 2024 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ: APPF), the technology leader powering the future of the real estate industry, today released its second annual AppFolio Property Manager Benchmark Report , offering insights into the industry’s strategies and priorities for 2024.

Key Points: 
  • SANTA BARBARA, Calif., Feb. 15, 2024 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ: APPF), the technology leader powering the future of the real estate industry, today released its second annual AppFolio Property Manager Benchmark Report , offering insights into the industry’s strategies and priorities for 2024.
  • More than one-third (35%) of respondents report maintaining high occupancy rates as a top threat for 2024 – a 12% increase compared to 2023.
  • The 2024 AppFolio Property Manager Benchmark Report reflects today’s shifting real estate landscape.
  • For a more in-depth look, download the 2024 AppFolio Property Manager Benchmark Report .

AMC Partners with AppFolio for Improved Property Management

Retrieved on: 
Thursday, February 1, 2024
Partnership, Internet, AMC, AI, AppFolio, Synthetic media, VIP, Hand, Customer success, Generative, Communication, Health, Software, Holiday, National Apartment Association, Very important person, Growth, Asset management

IRVINE, Calif., Feb. 1, 2024 /PRNewswire-PRWeb/ -- Advanced Management Company (AMC) has taken a bold step into the future of property management. It has partnered with AppFolio to embrace innovative, customizable solutions for operating its portfolio of 62 communities and nearly 12,000 individual units throughout Southern California.

Key Points: 
  • IRVINE, Calif., Feb. 1, 2024 /PRNewswire-PRWeb/ -- Advanced Management Company (AMC) has taken a bold step into the future of property management.
  • AppFolio, a technology leader powering the future of the real estate industry, provides strategic property management options along with increased reliability and efficiency.
  • According to McCarthy, the move was a long time coming, as AMC had been using its previous property management software since 2003.
  • AMC selected AppFolio due to its comprehensive property management solution, which includes AppFolio Realm , and its suite of AI solutions that covers Realm-X , a conversational interface powered by Generative AI for the real estate industry.

AppFolio, Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Thursday, January 25, 2024
Regulation Fair Disclosure, Culture, GAAP, Investment, Regulation, Webcast, AppFolio

SANTA BARBARA, Calif., Jan. 25, 2024 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ: APPF) ("AppFolio" or the "Company"), a technology leader powering the future of the real estate industry, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2023.

Key Points: 
  • SANTA BARBARA, Calif., Jan. 25, 2024 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ: APPF) ("AppFolio" or the "Company"), a technology leader powering the future of the real estate industry, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2023.
  • "I am pleased to announce a successful fourth quarter that caps off a year in which AppFolio increased the pace of innovation while prioritizing profitable growth," said Shane Trigg, President and CEO, AppFolio.
  • Non-GAAP free cash flow was $73.6 million, or 11.9% of revenue, compared to $4.1 million, or 0.9% of revenue in fiscal year 2022.
  • As previously announced, the Company will host a conference call today, January 25, 2024, at 2:00 p.m. Pacific Time (PT), 5:00 p.m. Eastern Time (ET), to discuss the company’s fourth quarter and year ended 2023 financial results.

AppFolio, Inc. Announces Date of Fourth Quarter and Year End 2023 Financial Results Conference Call

Retrieved on: 
Thursday, January 11, 2024
Regulation Fair Disclosure, Webcast, AppFolio, APPF, Eastern Time Zone, Regulation, Disclosure

SANTA BARBARA, Calif., Jan. 11, 2024 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ: APPF) today announced that it will report its fourth quarter and year ended 2023 financial results after the close of the U.S. financial markets on Thursday, January 25, 2024.

Key Points: 
  • SANTA BARBARA, Calif., Jan. 11, 2024 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ: APPF) today announced that it will report its fourth quarter and year ended 2023 financial results after the close of the U.S. financial markets on Thursday, January 25, 2024.
  • In conjunction with this announcement, AppFolio will host a conference call on Thursday, January 25, 2024, at 5:00 p.m. (Eastern Time), to discuss the company’s financial results and business outlook.
  • A replay of the webcast will also be available for a limited time on AppFolio’s Investor Relations website at https://ir.appfolioinc.com/news-events/events .
  • Accordingly, investors should monitor AppFolio’s Investor Relations website in addition to following AppFolio’s SEC filings, public conference calls, press releases, and webcasts.

AMC Selects AppFolio as Technology Partner to Drive Future Expansion

Retrieved on: 
Thursday, December 7, 2023
AppFolio, Partnership, Synthetic media, AI, Generative, AMC, Senior

SANTA BARBARA, Calif., Dec. 07, 2023 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ:APPF), the technology leader powering the future of the real estate industry, today announced that it recently welcomed property management firm Advanced Management Company (AMC) to its growing roster of customers using AppFolio Property Manager Plus.

Key Points: 
  • SANTA BARBARA, Calif., Dec. 07, 2023 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ:APPF), the technology leader powering the future of the real estate industry, today announced that it recently welcomed property management firm Advanced Management Company (AMC) to its growing roster of customers using AppFolio Property Manager Plus.
  • AMC selected AppFolio due to its comprehensive property management solution, which includes AppFolio Realm, and its suite of AI solutions that covers Realm-X , a conversational interface powered by Generative AI for the real estate industry.
  • This year, AppFolio introduced notable technological advancements that meet the evolving needs of large property management firms, including new leasing productivity tools and new AppFolio Stack™ partners in addition to AppFolio Realm-X.
  • “We are thrilled to welcome AMC to the AppFolio family,” said McLure Foote, Senior Vice President of Sales at AppFolio.

Obligo Announces the Most Trusted Property Managers of 2023

Retrieved on: 
Tuesday, December 19, 2023
Friction, AIR, Trust, Property management, AppFolio, Feedback, Commercial property

NEW YORK, Dec. 19, 2023 /PRNewswire/ -- Obligo, the fintech company that builds trust between renters and landlords and allows renters to skip paying a security deposit, announced the recipients of its fourth annual Renter's Trust Awards.

Key Points: 
  • The awards recognize property management companies that have achieved a high degree of trust with their renters based on these criteria.
  • The 2023 Renter's Trust Award winners:
    Advantage Property Management Services | Single Family | California | Property Management Software: Propertyware
    AIR Communities | Multifamily | Nationwide | Property Management Software: Entrata
    Beam Living | Multifamily | New York | Property Management Software: Yardi & MRI
    Common | Coliving | Nationwide | Property Management Software: Entrata
    Empire Management | Multifamily | New York | Property Management Software: Yardi
    Equity Team LLC | Single Family | Ohio | Property Management Software: Propertyware
    Home Property Management | Single Family & Multifamily | Florida | Property Management Software: Buildium
    J&L Holding Corp | Multifamily | New York | Property Management Software: Yardi
    Landmark Communities | Multifamily | Pennsylvania | Property Management Software: Yardi
    Northern Virginia Property Management Pros | Single Family | Virginia | Property Management Software: Propertyware
    Patoma | Multifamily | New York | Property Management Software: AppFolio
    Rudin Management Company | Multifamily | New York | Property Management Software: Yardi
    Touchpoint Property Management | Single Family & Multifamily | North Carolina | Property Management Software: AppFolio
    Time Equities | Multifamily | Nationwide | Property Management Software: MRI
    Wolfnest Property Management | Multifamily & Single Family | Utah | Property Management Software: Propertyware
    "At AIR, we pride ourselves on ensuring that residents are not just a part of a business ecosystem, but a part of our community," said Ryan Lange, Operations Manager at AIR Communities.
  • "It gives us great pleasure to recognize these exemplary property management companies," said Roey Dor, CEO of Obligo.
  • For statistical quality, only operators with over 18 months of activity on the Obligo platform were considered for the award.

Property Management Market worth $36.4 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, December 5, 2023
Construction, ROU, SAP, Platform, Improper integral, Weather, Accumulation, Artificial intelligence, Waste management, Management system, AppFolio, Ageing, Partnership, Facility management, Data, ERP, Growth, AI, LIMS, Airline, Property management, Real estate

The property management industry is experiencing a growing demand for managed services, as property owners and managers seek to improve efficiency, reduce costs, and gain access to expertise.

Key Points: 
  • The property management industry is experiencing a growing demand for managed services, as property owners and managers seek to improve efficiency, reduce costs, and gain access to expertise.
  • By solutions, the facility management solution segment is expected to register the largest market size during the forecast period.
  • Facility management solutions offered in the property management market are comprehensive and multifaceted, designed to optimize various properties' operational efficiency and functionality.
  • Through leasing fees and recurring management fees, property management offers a reliable source of revenue and financial stability.

Property Management Market worth $36.4 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, December 5, 2023
Construction, ROU, SAP, Platform, Improper integral, Weather, Accumulation, Artificial intelligence, Waste management, Management system, AppFolio, Ageing, Partnership, Facility management, Data, ERP, Growth, AI, LIMS, Airline, Property management, Real estate

The property management industry is experiencing a growing demand for managed services, as property owners and managers seek to improve efficiency, reduce costs, and gain access to expertise.

Key Points: 
  • The property management industry is experiencing a growing demand for managed services, as property owners and managers seek to improve efficiency, reduce costs, and gain access to expertise.
  • By solutions, the facility management solution segment is expected to register the largest market size during the forecast period.
  • Facility management solutions offered in the property management market are comprehensive and multifaceted, designed to optimize various properties' operational efficiency and functionality.
  • Through leasing fees and recurring management fees, property management offers a reliable source of revenue and financial stability.

AvidXchange Announces Partnership with AppFolio to Enhance AP Automation Benefits for its 19,000 Real Estate Customers

Retrieved on: 
Wednesday, November 8, 2023
AvidxChange Music Factory, AP, Growth, Automation, Partnership, ERP, API, Workflow, Bookkeeping, AppFolio

CHARLOTTE, N.C., Nov. 08, 2023 (GLOBE NEWSWIRE) -- AvidXchange, a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced its partnership with AppFolio, the technology leader powering the future of the real estate industry.

Key Points: 
  • CHARLOTTE, N.C., Nov. 08, 2023 (GLOBE NEWSWIRE) -- AvidXchange, a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced its partnership with AppFolio, the technology leader powering the future of the real estate industry.
  • This partnership will provide customers in the real estate industry with a simple, streamlined workflow for automated invoice processing, approvals, and payments.
  • Additionally, invoice details, including invoice images, will be easily searchable in AppFolio, reducing the need to manage critical transaction records across two systems.
  • "AppFolio is a top provider of solutions for the real estate industry, and we are confident that pairing AvidXchange’s best-in-class invoice automation and payment solution with their leading technology will benefit customers seeking to enhance their AP process,” added Dan Drees, President of AvidXchange.