RealPage Propels Multifamily Industry Forward with the Lumina AI Workforce at Apartmentalize 2025
LAS VEGAS & RICHARDSON, Texas--(BUSINESS WIRE)--RealPage ®, a global leader in software and data analytics for the real estate industry, today unveiled the Lumina™ AI Workforce, the multifamily sector's first agentic AI platform. Advancing beyond traditional automation and chatbots, the Lumina AI Workforce replaces fragmented tools with a coordinated network of intelligent AI agents that work across leasing, operations, facilities, finance, and resident engagement. These agents collaborate autonomously while partnering with their human teams, handling routine tasks and surfacing real-time insights so staff can focus on higher-value work. The result is a fully reimagined operating model, where speed, intelligence, and service converge to transform the future of multifamily living.
The Lumina AI Workforce is powered by the Lumina AI Data Platform, which provides the intelligence, context and orchestration layer that brings every agent and workflow together. Unlike point solutions, Lumina AI Agents are fully embedded into existing RealPage systems, creating a single, coordinated network that can operate deeper and broader across the property lifecycle. This allows agents to surface resident insights, anticipate needs, and determine the right time and channel to engage. The entire system is governed by a robust AI governance framework designed to ensure transparency, accountability and responsible AI use at every level of deployment.
This platform offers a new blueprint for how the multifamily industry will harness the power of a hybrid workforce where AI agents handle repetitive, time-consuming tasks, enabling humans to focus on strategic decisions and high-value resident relationships. By working together, they amplify human potential, simplify daily operations and drive meaningful gains in efficiency, responsiveness, and NOI.
Central to this vision is a groundbreaking collaboration with industry leader, OpenAI, aimed at accelerating development of advanced agentic AI capabilities tailored specifically for multifamily.
At Apartmentalize 2025, powered by National Apartment Association (NAA), RealPage will preview the Lumina AI Workforce, showcasing how decades of applied AI experience are converging with cutting-edge advancements to shape the future of property performance.
RealPage and OpenAI: Shaping the Future of Multifamily AI
As part of RealPage's mission to drive the next era of innovation in multifamily, RealPage has entered into a strategic collaboration with OpenAI to power an advanced Agentic AI framework purpose-built for real estate operations.
This collaboration combines early access to OpenAI's advancements in large language models (LLMs), reasoning, and multi-agent coordination with RealPage's deep domain expertise and decades of multifamily-focused AI innovation to power Lumina AI and transforms AI from a series of isolated tools into an interactive workforce that enhances human teams, elevates resident experiences, and delivers measurable NOI growth across the property lifecycle.
'This collaboration with OpenAI marks a defining moment for the future of multifamily,' said Dana Jones, RealPage CEO and President. 'We've laid the groundwork for AI in multifamily, and now we're entering a new era, one where intelligent agents work in harmony to transform how properties operate, how teams perform and how residents experience superior living.'
"We're pleased to support efforts to bring agents to the real estate sector in collaboration with RealPage," said James Dyett, head of enterprise and strategic sales at OpenAI.
RealPage is on Full Display at NAA
RealPage will showcase its fully connected property management ecosystem, where AI, automation, and data come together to drive smarter operations and stronger performance across the property lifecycle. Attendees will be able to see how RealPage transforms operations from disconnected tasks into intelligent, integrated systems that drive portfolio-wide value for owners and operators.
Integrated Front Office: See how Knock ® CRM, G5 ® Marketing, and AI Leasing Agents combine to create a seamless, AI-powered prospect-to-resident journey, boosting conversions, reducing workload, and elevating the renter experience.
LOFT Resident Experience: Discover how LOFT™ creates a single, mobile-first hub for residents to manage leasing, payments, maintenance, and renewals, while loyalty rewards, flexible payments, and marketplace services drive satisfaction and retention.
OneSite Unified Operations: Explore how OneSite ® automates leasing, maintenance, and financial workflows across properties, to simplify workflows and empower property teams.
Connected Living, Utilities & Spend: Discover how Smart Building, Utility Management, and Source-to-Pay solutions extend platform intelligence into the physical environment - enhancing efficiency, driving cost control, and powering NOI growth.
Portfolio Analytics & Insights: Learn how RealPage Business Intelligence delivers 360-degree insights, role-based dashboards, and performance benchmarks that inform decisions at every level, from on-site to executive.
As part of RealPage's premier partner sponsorship, the company will also be introducing award-winning podcaster and author, Jay Shetty, best known for his On Purpose platforms at Wednesday's session. RealPage is also hosting the premier and closing party during NAA at Resorts World in The District.
For more information on Lumina AI, visit https://www.realpagelumina.com
About RealPage, Inc.:
RealPage is the leading global provider of AI-enabled software platforms to the real estate industry. By using RealPage solutions for operational excellence in the front office and throughout property operations, many leading property owners, operators and investors gain transparency into asset performance with data insights, enhancing experiences with customized tools and improving efficiencies to generate incremental yield. In 2021, 2022, 2023 and 2024, RealPage was recognized as ENERGY STAR ® Partner of the Year for Sustained Excellence from the Environmental Protection Agency (EPA) and the U.S. Department of Energy. In 2024, RealPage was recognized as one of America's Best Employers by Forbes and America's Best Employers for Women by Forbes and one of America's Greatest Workplaces for Women by Newsweek. Founded in 1998 and headquartered in Richardson, Texas, RealPage joined the Thoma Bravo portfolio of market-leading enterprise software firms in 2021 to realize faster growth and innovation in serving more than 24 million rental units from offices in North America, Europe and Asia. RealPage has been certified as a Great Place to Work ™ in India, the Philippines, the UK and the U.S. For more information, visit RealPage.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Upturn
an hour ago
- Business Upturn
Itron Launches Cyble 5 Module in APAC Region to Transform Water Utility Operations
LIBERTY LAKE, Wash., June 09, 2025 (GLOBE NEWSWIRE) — Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, is bringing its Cyble™ 5 communications module to the Asia-Pacific region. The module, which is currently deployed throughout EMEA, allows mechanical water meters to become communication devices. This facilitates the transition from manual meter reading to automated meter reading and advanced metering infrastructure by improving the functionality of existing mechanical meters. With the Cyble 5 communication module, utilities across the region can upgrade their metering infrastructure, reduce costs, and support sustainability initiatives without extensive infrastructure replacement. The Cyble 5 communication module will be produced by PT Mecoindo in Cikarang, Indonesia, beginning Q4 2025. The Cyble 5 module addresses the diverse challenges facing utilities across the Asia-Pacific region, from streamlining the transition to smart metering to enabling conservation programs. In warmer and drier climates, such as Australia and New Zealand, the module's leak detection feature is particularly useful in combating water scarcity. Each Cyble 5 module has a continuous flow alarm and collects data hourly, helping utilities detect and manage leaks more effectively. This is a crucial benefit for water conservation and expanding water loss reduction programs. With extreme weather events on the rise, having a communications module built for extreme environments is crucial. The Cyble 5 module is built to resist water, contaminants, corrosion, humidity, and hot temperatures. Utilities across the entire region will benefit from the Cyble 5 module's versatility and durability. The Cyble 5 module is easy to connect with no wiring or wall mount required, allowing utilities to transition at their own pace without having to replace existing infrastructure before its useful life expires. 'Itron has shipped more than 2 million Cyble 5 modules in the EMEA region, and we are looking forward to expanding our offering to APAC. Utilities like Severn Trent Water in England have reduced water losses by millions of liters by identifying and repairing water leaks across their service territory with the Cyble 5. We look forward to bringing these and other benefits to utilities across the APAC region,' said Justin Patrick, senior vice president of Device solutions at Itron. To learn more about product features, visit the product spec sheet. About Itron Itron is a proven global leader in energy, water, smart city, IIoT and intelligent infrastructure services. For utilities, cities and society, we build innovative systems, create new efficiencies, connect communities, encourage conservation and increase resourcefulness. By safeguarding our invaluable natural resources today and tomorrow, we improve the quality of life for people around the world. Join us: Itron®, the Itron Logo and Cyble™ are trademarks of Itron, Inc in the United States and/or other countries and regions. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated. For additional information, contact: Itron, Inc. Alison MallahanSenior Manager, Corporate Communications509-891-3802 [email protected]
Yahoo
an hour ago
- Yahoo
OpenAI Breaks $10 Billion ARR Mark
OpenAI hit $10 billion in annual recurring revenue, fueled by ChatGPT subscriptions and API sales, as the company eyes a $125 billion revenue target by 2029. Warning! GuruFocus has detected 10 Warning Signs with SFTBY. The generative AI pioneer, backed by Microsoft (NASDAQ:MSFT), crossed the $10 billion ARR mark this yearup from roughly $6 billion a year agodriven by more than 3 million paid ChatGPT subscribers (up from 2 million in February) and robust usage of its developer API. Last week's $40 billion funding round led by SoftBank (SFTBY) valued OpenAI at $300 billion, underscoring investor confidence in its growth trajectory. CEO Sam Altman noted that ChatGPT's user base doubled to over 800 million people in just a few weeks, highlighting the speed of adoption. OpenAI's spokesman told CNBC that API revenuespanning enterprise integrations in finance, healthcare and retailnow accounts for roughly one-third of total ARR, underscoring the platform's broad commercial appeal. With enterprise clients building custom AI agents and startups embedding GPTs into new applications, OpenAI expects annual revenue to swell to $125 billion by 2029, projecting an average growth rate north of 70% per year. Why It Matters: Breaching $10 billion in ARR cements OpenAI's role as a powerhouse in the AI economy and validates its subscription-plus-API business model for generating predictable, recurring cash flow. Investors should care because sustained ARR growth and lofty 2029 targets set the stage for valuation upside, even as competition heats up from Google and Anthropic. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 hours ago
- Yahoo
St. Charles Public Schools gets ready to adopt AI training for teachers
Jun. 9—ST. CHARLES, Minn. — As artificial intelligence continues to advance at a breakneck speed, St. Charles Public Schools is trying to keep up with the new technological changes in its classrooms by giving teachers more resources. On Monday, the district is set to approve the purchase of a new training program from the company, Gruvy Education, to help teachers keep up with the AI revolution. According to Superintendent Robert Routh, it's not just a matter of making sure students maintain academic honesty in their work, but also about preparing them for a world where they will encounter artificial intelligence in their lives. "It's our responsibility as a school system to give them the skills that they're going to need," Routh said about teaching students how to adapt to AI usage. "If we don't, we're doing our kids a major disservice of not exposing them to it and adapting with the times." The district is paying a base amount of $4,000 for the training, with an additional charge of $30 for each person taking it. Schools have been trying to adapt to the advent of artificial intelligence tools for several years now, since the tech organization OpenAI launched the program ChatGPT. The program allows users to ask even complex questions with the gratification of near-immediate answers. It also allows users to generate large amounts of written work, meaning students could use it to find shortcuts to class assignments. Routh described the onset of AI tools as the "new Google." "It's the new tool that we have to find new ways to manage and to figure out how it's going to work within our students' lives," Routh said. "Our kids are going to be a part of the journey with AI for their work life and their personal life. So now, as a school system, we have to decide what kind of influence we're going to have on its use." According to Routh, the training program St. Charles is adopting will help teachers educate students about the appropriate use of AI tools, such as ChatGPT. One of the ways the district is going to be doing that is by asking teachers to devote at least one unit of class to the application of AI. Even though the training is ultimately in service of the students, it's expected to have benefits for the teaching staff as well. An outline of the program says that "teachers who complete the training save an average of 3.23 hours per week on preparation and administrative tasks." "(It's) teaching a teacher how to also use it," Routh said about the training program. "In order for them to be comfortable with it, they have to adopt it in their own lives at some level."
