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PropTech Pioneer Tour24 Expands Leadership Team, Announces Key Customers for Self-Guided Tour Platform for Multifamily Properties
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
management
Rhea-AI Summary
Tour24 has appointed Satish Janumpalli as Chief Technology Officer and Joanna Hackney as Chief Operating Officer to enhance its leadership team. Janumpalli brings 15 years of experience in technology innovation, while Hackney has 25 years in the property industry. The company is expanding its user base and has secured notable clients such as Toll Brothers, Invesco, and Rangewater Real Estate, reflecting its growth in the competitive rental market. Tour24 provides an on-demand platform for self-guided apartment tours.
Positive
Appointment of experienced leaders may strengthen operational capabilities.
Acquisition of notable clients indicates growing market acceptance and demand.
Negative
None.
New customers include Toll Brothers, Invesco, and Rangewater Real Estate
BOSTON--(BUSINESS WIRE)--
Tour24, an on-demand platform that offers renters an easy way to tour apartments on their own, even when leasing offices are closed, and gives property management teams the ability to seamlessly manage tours, has named Satish Janumpalli as Chief Technology Officer and Joanna Hackney as Chief Operating Officer. Janumpalli is a veteran technologist in the multifamily industry with 15 years of technology innovation and product design, who spent more than eight years at RealPage. Hackney, who has 25 years of experience in the property industry at companies including RealPage, Alliance, and Campus Advantage, was promoted from her previous role as Executive Vice President of Client Success.
In addition to expanding its leadership team, the company is rapidly growing its user base to meet the demands of a highly competitive rental market. The three notable users of the Tour24 platform include Toll Brothers, Invesco, and Rangewater Real Estate. Toll Brothers, an award-winning FORTUNE 500 company founded in 1967, is the nation's leading builder of luxury homes. Invesco Ltd. (NYSE: IVZ) is a global independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. Rangewater has over a decade of expertise in acquiring, developing, managing, and investing in multifamily communities across the Southeastern and Southwestern United States.
“Today’s consumers expect on-demand, self-service options from businesses, and touring their potential next home is no exception,” said Georgianna W. Oliver, Founder and CEO of Tour24. “Our self-guided tour platform securely shows communities to prospective renters when leasing agents can’t — all without sacrificing quality. We are excited to expand our leadership team with industry veterans with impressive track records of success, and the addition of key new customers is a validation of our approach and our ability to execute.”
Carl Walton, Senior Director of Innovation and Design at Rangewater Real Estate, says, “One of the main points of friction in apartment leasing is the ability to schedule and manage tours for prospective residents and get them to sign leases as quickly as possible. We looked at a number of technology solutions to help facilitate this, and Tour24 was the clear favorite. Not only does the technology do what we need it to do, but it has been successfully deployed in real-world situations and has a strong track record of performing as advertised.”
About Tour24
Tour24 is the award-winning platform that partners with multifamily operators to offer self-guided tours. By focusing on easy access, custom interactive and audio/visual tour experience and seamless integration with existing tech stacks, Tour24 is the most comprehensive solution on the market. Providing high-quality, consistent coverage when offices are closed or leasing teams are unavailable, Tour24 optimizes a community’s leasing resources. Led by a high-caliber team of industry experts, Tour24 delivers more traffic, more tours and ultimately more leases. The company is based in Boston and is privately held. Learn more at tour24now.com.
