AMC Selects AppFolio as Technology Partner to Drive Future Expansion

December 7, 2023

Latest Customer Acquisition Brings Nearly 11,000 Units to AppFolio Property Manager Plus

Santa Barbara, Calif., December 7, 2023 — 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. This partnership underscores AppFolio’s commitment to building innovative, customizable solutions for large property management firms.


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. These innovations, coupled with advanced insights, reporting tools, and user-friendly dashboards, offer high-growth, large-scale property management firms the reliability and efficiency necessary for smooth, strategic portfolio management.


“Integrating thousands of rental units on a new platform is a monumental task, but AppFolio’s onboarding team gave us around-the-clock support — an indicator of the first-class customer service and technical prowess that the company provides,” said AMC President Danielle McCarthy. “We see great potential in the company’s current offerings, as well as in their constant commitment to innovation and view this partnership as a real investment in our future. With AppFolio as our partner, we are confident that we have the tools and infrastructure to manage and scale our property portfolio effectively.”


According to a recent AppFolio survey, the number one challenge for property managers in 2023 was driving an efficient and profitable operation, and having access to the right tools and technology is a key part of this. An overwhelming 88% of property managers agreed that technology makes their jobs easier, yet nearly one-third reported they are dissatisfied with the current technology available to them — underscoring why robust, innovative property management solutions that increase operational efficiency are critical for unlocking opportunities for both top and bottom-line growth.

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. “We look forward to strategically partnering with the AMC team and helping them drive ongoing business growth, operational excellence at scale, and delighting their employees and residents."


For more information on product and integration availability, please visit https://www.appfolio.com.


About AMC


AMC is a subsidiary of Advanced Real Estate Services, INC., a Real Estate investment company founded in 1982 by Richard Julian and Frank Holloway. AMC currently maintains and operates over 11,000 multifamily units in Southern California. Find out more about careers, apartments for rent or investments at amcliving.com.


About AppFolio, Inc.


AppFolio is the technology leader powering the future of the real estate industry. Our innovative platform and trusted partnership enable our customers to connect communities, increase operational efficiency, and grow their business. For more information about AppFolio, visit appfolio.com.



For more information, please contact:
Mission North for AppFolio

appfolio@missionnorth.com


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AMC apartment communities across Southern California offer discounted rental rates, furnished apartments and expedited move-in to support affected families. Irvine- Advanced Management Company (AMC), a leading property management company with nearly 12,000 apartment homes throughout Southern California, has announced an immediate housing relief campaign to support families displaced by the devastating wildfires currently affecting Los Angeles. With thousands of residents forced to leave their homes, AMC is stepping in to provide affordable and immediate housing options in this time of crisis. "We understand the critical need for safe, stable housing for those who have lost their homes or been displaced. AMC is committed to supporting these families and helping them rebuild during this challenging time," said AMC President Danielle McCarthy. AMC is offering the following to individuals and families displaced by the wildfires: 5% Discount on Rent: Displaced residents will receive a 5% reduction in market rent for the entirety of their lease term. Immediate Move-Ins: AMC is prepared to expedite the move-in process to provide swift relief. Fully Furnished Apartments: AMC will provide fully furnished apartments to those forced to relocate. Flexible Lease Terms: Recognizing that recovery and rebuilding can be an unpredictable and challenging process, various lease term options, including month-to-month, are available. Additional Benefits: Displaced individuals are also eligible for any current community concessions in addition to the 5% discount. "Our hearts go out to everyone impacted by these devastating wildfires," said AMC President Danielle McCarthy. "We understand the critical need for safe, stable housing for those who have lost their homes or been displaced. AMC is committed to supporting these families and helping them rebuild during this challenging time." Those affected by the wildfires can visit amcliving.com to inquire about available units. AMC's team is ready to assist with applications and ensure a seamless and swift move-in process. Applicants must meet the standard community criteria for leasing and show verification of displacement due to the wildfires. About AMC About Advanced AMC is a subsidiary of Advanced Real Estate Services, Inc., a real estate investment company founded in 1982 by Richard Julian and Frank Holloway. AMC maintains and operates nearly 12,000 multifamily units in Southern California. Find out more at amcliving.com .