Photo Courtesy of The Schuster Group, Mosler Lofts, downtown Seattle
Seattle, WA, 2018 — Holly Gardner, the President of The Schuster Group, and her team were aware that their current data management system was not conducive to portfolio growth or scaling operations. They recognized a need for a more centralized system of record and reliable source of truth when it came to lease data.
When The Schuster Group was first approached by Prophia in 2018, Gardner and team realized that AI platforms suit of data management and visualization features provided the coverage they needed to improve speed-to-leasing, operational efficiency, and their ability to successfully run strategic initiatives that result in portfolio growth.
Results Summary: An Improved System for Property Management
Increased leasing efficiency with everything in one place and less time spent digesting different spreadsheets.
Faster reporting that eliminates manual data entry and scrubbing in to compile necessary information.
Minimal training required for team members to quickly come up to speed on new portfolio details, in some instance cutting orientation time nearly in half.
Schuster Group Recognizes a Need for a Single Source of Truth
Before The Schuster Group began using Prophia in 2018, the company juggled multiple technologies and systems in order to manage their information, create new leases and provide oversight on properties. With spreadsheets for every report, lease, and tenant, asset management became cumbersome and overwhelming.
Generic shared file systems and accounting software did not generate the right type of information they needed. As a result, they had to review all lease details, data points, and report specifics multiple times to ensure relevancy and accuracy. Ultimately, the company knew it needed a more reliable system for efficient and scalable portfolio management.
