Realty DataTrust Honored as One of Inc.’s Fastest Growing Private Companies
Company’s Growth Tied to Popularity of its Internet Software Offering For
the Apartment Industry
SCOTTSDALE, Ariz., Aug. 28 /PRNewswire/ — Inc. ranked the apartment
industry’s premier provider of online leasing solutions, Realty DataTrust,
No. 687 in its annual ranking of the 5,000 fastest-growing private
companies in the country. The list is the most comprehensive look at the
most important segment of the economy — America’s independent-minded
entrepreneurs. In two notable subcategories of the Inc. 5000 list for 2008,
Realty DataTrust ranked No. 15 in the Top 100 Businesses in
Phoenix-Mesa-Scottsdale, AZ and No. 46 in the Top 100 Software Companies on
the list.
Fueled by growth of nearly 500% over the last three years, this is the
first appearance for Realty DataTrust on this prestigious list. Buoyed by
its industry-leading check availability and reservation technology service
for the apartment industry, VaultWare(TM), Realty DataTrust boasts the
largest online distribution network for apartment inventory in the
industry. Realty DataTrust customers use the vast VaultWare network to help
their online renters gain access to important decision-making information
such as current apartment pricing, specials and availability as it relates
to their moving terms. The service also facilitates online
pre-qualification, speeding the application and leasing process for online
prospects.
“Receiving this recognition from Inc. is an affirmation of our
corporate goals to improve the business of leasing apartments for property
owners and managers while helping consumers enjoy the best online
experience,” said Mike Cornell, Chief Operating Officer for Realty
DataTrust. “More importantly this award is a tribute to the Real Estate
Investment Trusts, apartment property owners and managers who make up our
base of customers and who believe in what we were doing to create
efficiencies for their leasing offices and for their valued renters.”
The 5000 companies that made the list reported aggregate revenue of
$185 billion and median three-year growth of 147 percent. Most important,
the 2008 Inc. 5000 companies were engines of job growth, having created
more than 826,033 jobs since those companies were founded. Complete results
of the Inc. 5000, including company profiles and a list of the
fastest-growing companies that can be sorted by industry and region can be
found at http://www.inc5000.com.
Methodology
The 2008 Inc. 5000 list measures revenue growth from 2004 through 2007.
To qualify, companies must be U.S.-based and privately held, independent –
not subsidiaries or divisions of other companies — as of December 31,
2007, and have had at least $200,000 in revenue in 2004, and $2 million in
2007.
About Inc.com
Inc.com, the daily resource for entrepreneurs, delivers how-to guides,
advice, tools, breaking news, and rich multi-media to help business owners
and CEOs start, run, and grow their businesses. Inc.com offers dynamic
marketing solutions to help advertisers effectively reach Inc.com’s
audience of business leaders. Visit http://www.inc.com.
About Realty DataTrust Corporation
Realty DataTrust Corporation, located in Scottsdale, Arizona, offers
online leasing solutions for the multifamily housing industry that help
consumers reserve apartments online and decreases properties’ vacancy
rates. Over 100 management companies throughout the United States, from
small property management companies to some of the country’s largest real
estate investment trusts, use the award-winning VaultWare check
availability and reservation system. VaultWare lets consumers easily find
and reserve an available apartment while giving apartment management
companies reservations from highly-qualified prospects. PadZing.com, an
apartment market trends division by Realty DataTrust, gives apartment
owners, marketing executives and apartment brokers vacancy and rental rate
data to help create forecasts, compile customized data trends per
geographic region and analyze trend data to make daily business decisions.
To learn more about Realty DataTrust, visit the company’s website at
http://www.realtydatatrust.com.
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[Via Real Estate Newswire]