NEWS RELEASE

PropertyBridge to Exhibit at the National Multi-Housing Council’s Apartment Technology Conference

OAKLAND, CA - November 3, 2009 - PropertyBridge, Inc., a MoneyGram company and a leading provider of electronic payment services to the multifamily housing industry, today announced that it will demonstrate its Payment Platform at booth #108 at the National Multi-Housing Council’s (NMHC) Apartment Technology Conference. The conference will be held November 8-10, 2009 at the JW Marriott Desert Ridge Resort in Phoenix, Arizona.

 

Automated payments are a featured topic at this year’s conference, including the following sessions:

• "Automated Payments - What is Really Happening" (November 9, 2009 at 10:45 a.m.)
  Discussion will include results from the 2009 NMHC Automated Payments survey, the first survey of its kind for multifamily. As a survey sponsor, PropertyBridge is committed to making benchmark data available for multifamily professionals looking to implement automated resident payments. Contact us to receive a copy of the survey after the conference.
  
  
•  "Credit Cards and Fees" (November 10, 2009 at 8:30 a.m.)                                                 Peer group discussion about the impact of credit card usage, demand, and fees.
  
  

Click here for the full agenda and more information about the conference.

About NMHC

Based in Washington, DC, NMHC is a national association representing the interests of the largest and most prominent apartment firms in the U.S. NMHC's members are the principal officers of firms engaged in all aspects of the apartment industry, including ownership, development, management and financing. NMHC advocates on behalf of rental housing, conducts apartment-related research, encourages the exchange of strategic business information, and promotes the desirability of apartment living. For more information, contact NMHC at 202/974-2300, email the Council at info@nmhc.org, or visit NMHC's web site at www.nmhc.org.

About PropertyBridge

PropertyBridge, a MoneyGram company, is the leading electronic payments processor for property managers and real estate owners in the multifamily housing industry. The PropertyBridge Payments Platform enables residents to pay rent and other lease-related transactions using multiple payment types, including credit and debit cards, Automated Clearing House (ACH), check scanning (Check 21) and cash payments at approximately 40,000 MoneyGram agent locations. PropertyBridge’s rent payment solutions are fully integrated with the accounting systems and business processes of property management firms. Residents can pay rent online, by phone or in person and set up recurring payments. The company collaborates extensively with financial services leaders including Visa USA, MasterCard, Discover Financial Services, American Express, Wells Fargo Bank and First National Bank of Omaha. MoneyGram, Inc. acquired PropertyBridge in October 2007.

Contact

Summer Palma
Marketing Manager
(510) 463-3033
spalma@moneygram.com