Prestigious Annual Awards Program Recognizes Breakthrough Innovation in the Global Real Estate Technology Industry
DES MOINES, IA, August 19, 2024 – BH Management Services (“BH”), a Pretium company and one of the nation’s premier property management platforms in multifamily, student, and single-family housing, today announced that it has been recognized as “Property Management Analytics Platform of the Year” in the 4th annual PropTech Breakthrough Awards program conducted by PropTech Breakthrough, a leading independent market intelligence organization that evaluates and recognizes standout real estate technology companies, products and services around the globe.
BH focuses on utilizing data and AI in on-site operations for property management. The second iteration of BH Fusion®, BHFusion+, is part of the company’s BI analytics platform and is a specialized software solution that integrates various functions such as leasing, accounting, and maintenance into a single platform. By doing this, the solution streamlines operations and enhances efficiency for property managers. The in-house, proprietary data visualization platform offers at-a-glance asset intelligence, benchmarks, and targets, to provide the tools needed to identify successful strategies and improve NOI.
BHFusion+ provides natural language processing (NLP) and dynamic dashboards so that users can search via numerous filters to receive the data and reports they need. This data includes Location (State, Market or County), Takeover Date, Ownership Group, Renovations, and Role. The reporting and analytics tools deliver insights into property performance and operational trends, helping managers make data-driven decisions to optimize property operations and improve tenant satisfaction.
The new navigation and search component leverages AI, and the solution helps users transition from reacting to data to forecasting what is likely to happen, and then acting on that information. In addition, the AI-driven “Ask Easley” function takes the user to whatever data set they are looking for based on keywords. Easley knows all the information in a user’s dashboards, and as she works alongside BH teams and partners, she continues to learn new words and data points that make her smarter. The company also offers a Citizen Analyst Learning Path in its Learning Management System.
“BH Fusion+ has helped BH leap into the world of AI when it comes to filtering our data and creating business and performance reports. BH Fusion has allowed our teams to surface new opportunities, build better strategies, and understand the impact of our decisions immediately,” said Joanna Zabriskie, President & CEO of BH. “Thank you to PropTech Breakthrough for this acknowledgment. We have learned that the data that is most useful changes often, and how to react quickly to what will move the needle. BH will continue to stay ahead of the game when it comes to using data and AI and branch out with what data we use and what processes we employ. We’ve never been afraid to ‘break things,’ to learn, get better, and to fail forward.”
The mission of the annual PropTech Breakthrough Awards program is to conduct the industry’s most comprehensive analysis and evaluation of the top technology companies, solutions and products in the global real estate technology industry today. This year’s program attracted thousands of nominations from over 12 different countries throughout the world.
“With BH Fusion+, any BH client or team member can slice and dice the info to meet their reporting needs. Within the multifamily industry, the development of sophisticated data analytics and BI tools is still in its infancy in many organizations. A full data strategy must encompass how to ingest, store, and cleanse the data, what is built around the data, and how it can be used to improve operations,” said Bryan Vaughn, Managing Director of PropTech Breakthrough Awards. “BH Fusion+ wins ‘Property Management Analytics Platform of the Year’ for providing democratized data, wider access to real-time insights, improved collaboration and faster, more accurate decisions through the cutting-edge use of AI.”
About BH Management Services
BH is a people-first multifamily owner and operator that grew from a small startup into one of the nation’s largest commercial real estate companies. Founded in 1993, BH is celebrated for its simple commitment to doing business the right way and investing in its team. Today, BH manages approximately 114,000 units, employs 2,800 people, and owns its processes in-house. Powered by innovation and a can-do attitude, BH improves daily, striving to construct a smarter way to live, invest, manage, and grow. For more information, visit livebh.com.
About PropTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the PropTech Breakthrough Awards program is devoted to honoring excellence in technologies, services, companies and products that empower remote work and distributed teams around the globe. The PropTech Breakthrough Awards program provides a forum for public recognition around the achievements of technology companies and solutions in categories including messaging & communication, project management, virtual events, team collaboration, virtual offices, collaborative design and more. For more information visit PropTechBreakthrough.com.
Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.