Caviness & Cates Communities Selects AppFolio Property Management Software To Manage Their Successful And Growing Portfolio of Apartment Communities

Santa Barbara, CA -- July 29, 2010

AppFolio announces Caviness & Cates Communities has selected AppFolio's web-based property management software to manage their growing portfolio of apartment communities. Caviness and Cates is known for their commitment to quality and providing the highest levels of service for the residents that reside in their portfolio of over 1,000 apartment homes.

After an extensive evaluation process that lasted more than a year and included a review of all of the top software providers, they chose AppFolio's web-based property management software because it was so intuitive and easy to use and provided a complete set of features and functionality that would help the company increase growth in the coming years.

Bill Nye, PhD, is the CEO of the Caviness & Cates Property Management division as well as a leading educator for property managers delivering training, seminars and keynote sessions across the country. Bill is also a speaker for The Apartment All Stars, a national seminar tour featuring top professional apartment speakers and apartment marketing consultants. "With my speaking and training commitments I'm always on the road. It is amazing that I can manage our portfolio from anywhere in the country," says Bill.

Another very important reason for selecting AppFolio is the significant cost savings now that online resident rent payments are included in the monthly fees and completely integrated with the accounting records. "We were paying $80K every year to allow our residents to pay rent online. With AppFolio's solution we don't have to pay additional fees – we can now invest this money in our business growth and still offer this valuable benefit to our residents. I am so impressed by the technology behind the scenes that makes such a comprehensive software so simple to use."

"At AppFolio, we focus on making our customers more successful in their businesses," says Brian Donahoo, AppFolio CEO. "We are very proud to work with Bill and his team and to be part of the continued success of Caviness & Cates."

About AppFolio
Headquartered in Santa Barbara, AppFolio was started by a team of technology leaders with proven experience creating software that businesses love to use. AppFolio creates complete, easy-to-use, web-based solutions for multiple vertical markets and the first AppFolio product was created for small and mid-sized residential property managers. With investors including Cisco Systems, BV Capital and the Investment Group of Santa Barbara, AppFolio has secured $30 million in funding to date.