Yieldstar revenue management RealPage markets three revenue management products: YieldStar, LRO, and AIRM. Feb 27, 2020 · With additional capabilities expected to be released throughout 2020, AI Revenue Management capitalizes on the foundation of industry leaders YieldStar and LRO and leverages RealPage’s data platform to provide an AI engine that sends optimized signals to execute dynamic marketing spend, modulate credit criteria, and optimize leasing agent focus. Jun 27, 2024 · Clients using the company’s AI Revenue Management and YieldStar products accept pricing recommendations for new leases less than 50% of the time, according to the statement. In early 2016, RealPage transitioned YieldStar to become a “rent-setting software. org Feb 2, 2025 · Understanding Yieldstar Income Administration Yieldstar income administration is a data-driven strategy that includes analyzing historic and real-time information to optimize room charges, stock, and distribution channels. are considered as technol y platform th . The Revenue May 16, 2025 · REVENUE MANAGEMENT FUNDAMENTALS (RMF) – YS/AIRM. The company's software uses yield algorithms, real-time market data analysis, and supply-demand forecasting to automatically adjust rental rates across apartment units, enabling multifamily property managers and owners to maximize rental income, improve occupancy Jan 13, 2025 · The complaint lists several market areas in which the agreements between RealPage and AI Revenue Management and YieldStar users to align pricing collectively have harmed, or are likely to harm Oct 9, 2024 · Less than 7 percent of rentals in the United States are managed using RealPage’s AI Revenue Management and YieldStar revenue management software. In addition to having YieldStar and/or AIRM experience, the ideal candidate will have a thorough understanding of Revenue Management principles and a blend of analytical and operational expertise. ProPublica found that in one neighborhood in Seattle, just 10 property managers oversee 70 percent of apartments, and all 10 used RealPage’s pricing software. Jul 28, 2023 · And in this arena, a term has emerged as a game-changer: LRO. The company’s revenue management software also can make price recommendations to lower rents or not change them, according to the company. RealPage also licenses YieldStar and its other revenue management software to Cortland’s competitors, including the other landlords named in the United States’ Complaint. Watch the latest multifamily videos to see how businesses are using RealPage software solutions and services to transform how they work. Apr 15, 2025 · Amid tariff headlines, a key update in the RealPage case flew under the radar: Cortland settled without admitting liability, agreeing to stop using non-public data or revenue tools like YieldStar—potentially signaling more legal trouble ahead for RealPage and its clients. See full list on propublica. No 530 ¶ its first revenue management software, YieldStar, after acquiring it from Camden Property Trust erated as a ¶ 212). (NASDAQ: RP), a leading global provider of software and data analytics to the real estate industry, today announced that Arizona-based HSL Properties has implemented its YieldStar® revenue management solution at all of its properties in its quest for a 5 percent revenue boost. A genial, self-described “numbers nerd,” Jeffrey Roper was Alaska Airlines’ director of revenue management when it and other major airlines began developing price-setting software in the 1980s. YieldStar© was easily adopted by our communities, and its workflow and usability are consistent with how we do business – now and in the near future as we transform operations in our Operations 2. , a leading provider of property management products and services, today announced that it has completed the acquisition of YieldStar, a revenue management system for the multifamily industry, from Camden. For example: A job ad stated, “The Revenue and Performance Senior Manager will be involved in all aspects of Revenue Management including oversight of YieldStar. Reduce vacancies, improve performance, and align with your asset goals. Access Market Analytics, Business Intelligence, Benchmarking, and AI Revenue Management solutions to transform your property data into strategy with RealPage Insights & Analytics. as Director, YieldStar Revenue Management. 20 hours ago · Prosecutors allege RealPage’s AI Revenue Management software, previously known as YieldStar, enabled and encouraged competing landlords to artificially inflate rents by cooperating on rates. Feb 28, 2020 · With additional capabilities expected to be released throughout 2020, AI Revenue Management capitalizes on the foundation of industry leaders YieldStar and LRO and leverages RealPage’s data platform to provide an AI engine that sends optimized signals to execute dynamic marketing spend, modulate credit criteria, and optimize leasing agent focus. | Last week, LRO unveiled its new mobile app for revenue managers on the go, though YieldStar has taken a different tact. First, it’s important to understand what a revenue management system is and why apartment operators might want to use one. Jun 9, 2025 · Read the latest news from RealPage including press releases, product updates, and other property management and apartment research and data. Take the guesswork out of pricing and align with your asset strategy for consistent revenue outperformance. Sep 12, 2024 · According to the DOJ, YieldStar and AIRM are designed to “raise the tide” for all landlords, particularly YieldStar- and AIRM-using landlords, as these revenue management systems have the “likely effect” of aligning the landlords’ pricing processes and strategies. This training is the perfect place to begin. Furthermore, several Mar 1, 2010 · YieldStar's team is comprised of seasoned, multifamily veterans with asset management and regional operations expertise, who understand their clients' needs and objectives and are uniquely qualified to guide them through a successful transition from traditional pricing practices to revenue management. . Feb 6, 2018 · Moorfield Group will be one of the first UK build-to-rent developers and managers to implement the YieldStar Revenue Management System in the UK. ” Keith Dunkin, SVP Asset Optimization “Multidimensional optimization of revenue is the most significant breakthrough in revenue management since the introduction of YieldStar and LRO 15 years ago. ” Stated simply With representation from both Rainmaker (LRO) and RealPage (YieldStar) throughout the discussion and apartment operators on both sides of the fence, this turned out to be a very interesting, enlightening discussion. This role supports the broader revenue management function by analyzing market trends, monitoring occupancy and rent performance, and leveraging revenue optimization tools to drive asset value. In 2000, Andrew was the data scientist/engineer (20% owner) who developed YieldStar Revenue Management The ongoing litigation involving RealPage and many of the nation's largest multifamily owners has revealed the risks associated with using revenue management software that promises to assist its clients in achieving maximum revenue by pricing rental units competitively. Maximize rental revenue with data-driven insights and strategic optimization. Defendant AION Management, LLC (“AION”) is a limited liability company organized and existing under the laws of and headquartered in DelawarePhiladelphia, Pennsylvania. (See Doc. Its sophisticated algorithms, advanced analytics, and automated features empower hoteliers to make data-driven decisions and stay ahead in the competitive hospitality market. The products are functionally identical in that they automate pricing of multifamily units rithms fu RealPage’s RM Software allows clients to “[o]ptimize rents to achieve highest yield, or combination of rent and occupancy, at each property. The Motion is not joined by all Defendants alleged to have used LRO. May 17, 2023 · The software at the heart of this litigation – originally called YieldStar and later rebranded as AI Revenue Management – was developed by property management service provider RealPage, Inc. ” DOJ’s suit against RealPage RealPage offers three revenue management tools: YieldStar, AI Revenue Management (AIRM), and Lease Rent Options (LRO). 0 initiative. Aug 23, 2024 · The complaint focuses on RealPage’s revenue management service, YieldStar, which has roughly 80 percent of the market for such software, affecting prices on about three million rental units Jan 10, 2025 · Yieldstar revenue management is a game-changer for hotels seeking to maximize revenue and optimize their operations. ” Please enter your email address and we'll send you information to reset your password. Department of Justice to launch an investigation into property management software company RealPage Inc. Its product is called YieldStar, and its successor is AI Revenue Management, which uses much of the same codebase as YieldStar, but has more precise forecasting. Mar 2, 2010 · The YieldStar Revenue Advisory group allows owners and managers to outsource daily pricing and ongoing revenue oversight for any size portfolio, preventing the need to commit internal resources. Revenue Manager – YieldStar / AIRM : Dallas Opportunity The Revenue Manager works with multiple clients to ensure the optimal performance of the client’s revenue management program. internal revenue managers that are certified by RealPage. Free. Jan 30, 2025 · A revenue management director at Greystar explained that RealPage ingests transactional data from several RealPage products, besides AIRM and YieldStar, for use in revenue management. The Complaint alleges that Cortland’s licensing and use of RealPage’s YieldStar was unlawful under Section 1 of the Jul 17, 2024 · Ads for revenue management positions with Blackstone require experience with YieldStar, RealPage’s revenue management system. Live and interactive or on-demand. Ordinance Litigation In RealPage v. · Experience Apr 28, 2025 · What is RealPage? RealPage is a technology company that sells software products, including “revenue management software” (“RMS”). May 1, 2008 · All of the major property management software providers—Yardi, RealPage, Intuit, and Domin-8—have either integrated or are in the process of integrating with the two primary revenue management software offerings, LRO and YieldStar. Aug 23, 2024 · The Justice Department, together with the Attorneys General of North Carolina, California, Colorado, Connecticut, Minnesota, Oregon, Tennessee, and Washington, filed a civil antitrust lawsuit today against RealPage Inc. 31. Sep 4, 2024 · According to May 2023 figures from RealPage, 6. (GWLRA), a property management company that is a division of The Canada Life Assurance Co. Jan 7, 2025 · The Justice Department, together with its state co-plaintiffs, filed an amended complaint today in its antitrust lawsuit against RealPage, to sue six of the nation’s largest landlords for participating in algorithmic pricing schemes that harmed renters. YieldStar Asset Optimization (revenue management). 530 ¶¶ 77, 85, 94, 109, 112, 130, 145, 151, 160, 172, 178, 181, 188, 190). Nov 23, 2022 · Marketing materials dated 2021 on the company’s website said its so-called revenue management products, formerly called Yieldstar and LRO, are “trusted by over 4 million units. And how amenities can boost asset management performance. for its unlawful scheme to decrease competition among landlords in apartment pricing and to monopolize the market for commercial revenue management software Learn how revenue management systems like YieldStar and LRO can help to manage seasonality and recessions. 's YieldStar revenue management software, alleging that Sep 9, 2024 · It’s anticompetitive, and it drives up costs. RealPage training so property managers, leasing agents, and back-office employees can learn our Property Management Software online or in classrooms. Jun 17, 2024 · Since acquiring Yieldstar, RealPage rebranded the product as AI Revenue Management. Apr 20, 2009 · Industrywide, firms using revenue management programs such as LRO from Rainmaker Group and M/PF YieldStar from RealPage have seen “revenue lift” of 1 percent to 3 percent; some companies have seen even more dramatic results. The YieldStar Revenue Advisory group allows owners and managers to outsource daily pricing and ongoing revenue oversight for any size portfolio, preventing the need to commit internal resources. While other providers customize their revenue management software and services for a variety of industries, only YieldStar's team focuses exclusively on multifamily, using a solution engineered from the ground up Nov 20, 2024 · What is YieldStar, the controversial pricing software some blame for rising rents? Canadian officials plan to launch a probe of the software currently the subject of a government lawsuit in the U. 530 ¶¶ 70, 121, 124, 154, 166). May 29, 2024 · This includes revenue management software, or RMS, now called “AI Revenue Management” and previously known as YieldStar. It uses algorithms to analyze market data and recommend optimal rental prices for vacant units, aiming to maximize revenue for property owners. Jan 21, 2025 · Antitrust litigation has exposed fundamental questions about revenue management - and fueled the rise of new players Dec 6, 2024 · RealPage argued that to inflate rents, 30% to 40% of the units in a market would need to use the company's AI Revenue Management or YieldStar software programs. Aug 23, 2024 · The DOJ filed a civil suit against RealPage on Friday, claiming that the company’s YieldStar and AI revenue management (AIRM) software allowed multifamily landlords to artificially inflate rents Sep 12, 2005 · Jeffrey Roper, president of M/PF YieldStar, sees YieldStar as the strategic first stage in developing a comprehensive revenue management program for focusing on top-line NOI. Born in 1973, Andrew Blount grew up in a single-wide trailer. Jun 4, 2007 · “Revenue management encompasses a lot more than an algorithm generating monthly rent. In addition, the Company evaluated more General Information Description Developer of rental pricing optimization software designed for revenue management purposes. The Origins of YieldStar One of YieldStar’s main architects was a business executive who had personal experience with an antitrust prosecution. The Company compared the pricing results with a set of control properties using the Companys current pricing method. Oct 26, 2023 · The DOJ has requested to participate in a lawsuit by tenants alleging that landlords colluded using RealPage software to artificially inflate rents. ` `Defendants are RealPage, the developer of an integrated technology platform that ` `provides a host of software solutions for the multifamily rental housing markets, including revenue ` `management software (“RMS”) called “AI Revenue Management” (previously known as ` `“YieldStar”),2 and several managers of large-scale multifamily residential apartment buildings that Aug 15, 2024 · Two of them, YieldStar and its updated version AI Revenue Management, use non-public information such as rent prices, occupancy levels and lease transactions plugged in by landlords. Critics argue that it facilitates algorithmic collusion, leading to artificially inflated rents and reduced affordability for tenants. Oct 20, 2025 · Dani Thornhill has been working as a Revenue Advisor | LRO, YieldStar & AI Revenue Management for RealPage, Inc. Drive Revenue with Proven Revenue Management RealPage Revenue Management helps you maximize rental income, optimize pricing, and reduce vacancies with data-driven decision-making. In the email to CBC News, RealPage said its "revenue management software is purposely built to be legally compliant. Tiche said YieldStar earned a “full letter grade” better than the competition due to its greater depth of data and superior customer support. Oct 31, 2024 · And unfortunately [YieldStar] seems to possibly have built-in collusion," he said. 11 By linking landlords’ pricing decisions to RealPage’s software Sep 12, 2024 · According to the DOJ, YieldStar and AIRM are designed to “raise the tide” for all landlords, particularly YieldStar- and AIRM-using landlords, as these revenue management systems have the “likely effect” of aligning the landlords’ pricing processes and strategies. Aug 23, 2024 · RealPage is a Texas-based company that offers “revenue management” software called YieldStar, which has a proprietary algorithm that the company says can help landlords set rental amounts. Four U. It maintains the largest database of accurate and timely apartment market information in the industry, offering investors, developers, owners, and lenders the information and insights needed to make sound The Revenue Manager is responsible for optimizing revenue performance across a portfolio of multifamily assets. Dec 2, 2024 · Is it price fixing — or coaching landlords? According to federal prosecutors, RealPage controls 80% of the market for commercial revenue management software. RealPage, Inc. ” (Id. Apr 30, 2007 · M/PF YieldStar provides revenue optimization and market intelligence products and services to multifamily housing owners and developers. YieldStar is designed to help property owners optimize pricing of apartment inventory using sophisticated yield models that adjust apartment rents in real Jul 14, 2025 · At the heart of the lawsuit is RealPage’s software, particularly YieldStar (now called AI Revenue Management), which collects and analyzes rental data from various landlords to recommend pricing strategies. Jun 5, 2024 · “The beauty of YieldStar is that it pushes you to go places that you wouldn’t have gone if you weren’t using it,” said Kortney Balas, director of revenue management at JVM Realty, referring to RealPage’s software in a testimonial video on the company’s website. “At Moorfield Group, we focus on innovation and understand the importance of early adoption of key technologies and software to maximize our efficiency,” said Heiko Figge, the company’s Head of YieldStar software is used by many of the nation’s largest property management companies, including GreyStar Real Estate Partners LLC, Camden Property Trust, and Mid-American Apartments LP, to set prices on 20 million rental units — or roughly 8% of all homes for rent in the U. YieldS Mar 1, 2010 · On average, at least one, dedicated revenue management professional, must be added to support every 10,000 units managed. Jul 19, 2002 · (July 19, 2002) —RealPage, Inc. 23, the Justice Department sued real estate software company RealPage, alleging that the company helps apartment managers coordinate pricing to raise rental rates for consumers by pooling proprietary data used in two of its revenue management systems, AI Revenue Management (AIRM) and YieldStar. May 11, 2023 · For those who have decided to use a revenue management system or those who decided against it, I'm interested in why? Mar 12, 2015 · Last week, The Rainmaker Group released LRO Mobile, the first industry mobile app for revenue management software. management software called YieldStar from RealPage. Jan 10, 2018 · HSL chose YieldStar after a competitive review that included the other leading revenue management solutions for property management. Jun 4, 2007 · UDR, Inc. At age 6, Andrew taught himself how to write computer software. It’s designed for new team members who are unfamiliar with YieldStar/AIRM, or for those who may need a refresher if it’s been some time since they last used the system. 1 The LRO Defendants are Owner-Operators and Managers who used one of RealPage’s revenue management services, Lease Rent Options (“LRO”), during the relevant period. Lawsuits In October 2022, ProPublica reported that landlords use RealPage's asset optimization algorithm called YieldStar (later rebranded as AI Revenue Management) to increase rents throughout the United States, naming its users an illegal cartel that encouraged participants to withhold rental units from the market. The test was conducted at operating communities, with resident prospects accepting or rejecting the rental terms. By age 8, he started High Altitude Software developing software for the Radio Shack TRS-80 color computer, including database applications, games, and utilities. ” Case 2:25-cv-03057 Document 1 Filed 04/23/25 Page 11 of 81 PageID: 11 9 24. “YieldStar enables you to quickly identify opportunities where you are underpricing or threats where you are overpricing a particular floor plan,” said Roper. The two software products are used in at least 10% of all rental units nationally. 11 By linking landlords’ pricing decisions to RealPage’s software Aug 28, 2024 · On Aug. Dan Gumbiner, President and CEO of Orion Residential, shares the results his company has experienced using YieldStar Price Optimizer in a down market. Mar 24, 2024 · Jonathan works at Realpage, Inc. senators urged the U. (NYSE:UDR) today announced that it has completed an extensive evaluation of two leading revenue management systems. ` ` `2. For those clients who have internalized the revenue management function, recommendation rejections may be routed to the inter Mar 21, 2023 · “While it is difficult to differentiate the impact of revenue management tools like YieldStar from other market forces that affect occupancy rates, the fact that apartment providers now have May 7, 2013 · YieldStar’s revenue management solution, Price Optimizer, leverages a growing warehouse of multifamily lease transaction data for millions of apartment units. Jonathan is based out of Camarillo, California, United States and works in the Software Development industry. Senior Manager, Revenue & Performance · Over 21 years of property management related experience, with 15 years in operations including multi-site management and training roles. This training is designed for Community Managers and Regional Managers who are either new to the team or looking to refresh their YieldStar/AIRM skills. Yieldstar is a controversial revenue management software used in the apartment rental industry. Nov 30, 2024 · GWL Realty Advisors Residential Inc. Jan 17, 2025 · Once you have a solid grasp of the fundamentals of revenue management, you’re ready to advance to the next level. As detailed in extensive reporting by ProPublica, YieldStar collects a raft of information from its clients detailing real-time apartment leasing activity. Cortland is named among dozens of defendants in a putative class action in Tennessee alleging the use of RealPage’s software platform to coordinate and agree upon rental housing pricing and supply. ). " Mar 1, 2010 · On average, at least one, dedicated revenue management professional, must be added to support every 10,000 units managed. (Doc. Realpage reported that same year that GWLRA apartment buildings that used Yieldstar outperformed a control Want to attend an online client webinar or classroom workshop? See the training schedule below and sign up for the webcasts you are interested in. If you are interested in this candidate, contact him directly by using contact details provided by SignalHire. 1% of rental units in the San Francisco metropolitan statistical area use AI Revenue Management or YieldStar, two of its products. Dec 3, 2024 · Its product is called YieldStar, and its successor is AI Revenue Management, which uses much of the same codebase as YieldStar, but has more precise forecasting. But what is LRO in the context of property management, and how does a software like YieldStar fit into this equation? LRO in Property Management: Lease Rent Options Explained LRO stands for Lease Rent Options. S. Jan 24, 2025 · For those clients who have internalized the revenue management function, recommendation rejections may be routed to the internal revenue manager rather than a RealPage pricing advisor. HSL Properties owns and operates 36 apartment communities, comprising 10,000 apartment homes and over Enter your credentials to securely login to your RealPage account to manage your property, access resident services, and streamline your property management tasks. No. Jan 5, 2025 · Its main pricing software is “ AI Revenue Management ” (AIRM, formerly “YieldStar”), but RealPage also owns “Lease Rent Options” (LRO), which it acquired from its main competitor in 2017. I will fight for a law that cracks down on these practices. Business-building, solutions-oriented webcasts presented by market experts. , used Yieldstar for years, stating it was the first Canadian landlord to implement this new software in its Ontario portfolio in its 2017 annual review. Dec 3, 2024 · Is it price fixing — or coaching landlords? According to federal prosecutors, RealPage controls 80% of the market for commercial revenue management software. Its refined algorithms contemplate numerous elements, together with demand patterns, aggressive pricing, market situations, and visitor preferences, to find out the optimum Apr 28, 2025 · The lawsuits involve three primary RealPage products: YieldStar Housing software (“YieldStar”); Lease Rent Options and Student Lease Rent Options (“LRO” and “SLRO”); and AI Revenue Management (“AIRM”), a combination of YieldStar and LRO. for 1188 days. The ideal candidate is analytically driven, detail-oriented, and experienced in The YieldStar revenue management team's specialization in multifamily distinguishes it from other providers in the multifamily space. xaf srsmk ucyz knnudb xfvk qoqz yrjlof sbn dizmocn ozpznxx otyo ibw swsd nqexv nal