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REDtalks is an annual event at Cardinal where selected team members are flown in to share the pearls of wisdom they have collected during their time with us. It is an event filled with inspiring talks that aim to empower, motivate and educate our teams and beyond! It is so important to constantly learn and grow, both as individuals and as a collective, and we are excited to hear from this year's talented group of speakers!
Cardinal is a founding member of the Colorado Inclusive Economy, an organization that consists of top employers in Colorado who are all committed to improving inclusion for high-paying jobs in Colorado. This year, Cardinal is a sponsor for the Annual Summit which will help spread the word to drive equity and inclusion throughout the community to other business leaders. We are excited to be a sponsoring company, and look forward to continuing and supporting the work of CIE!
The dawn of Artificial Intelligence (AI) is ushering in a new era of innovation and transformation across various industries. With its ability to process vast amounts of data and make informed decisions, AI is causing a seismic shift in real estate. Cutting-edge technology is spearheading a revolution, paving the way for a more efficient, data-driven, and customer-centric industry. From streamlining operations and optimizing resources to improving resident experiences and predictive maintenance, AI is reshaping the way communities are managed. Cardinal Group’s CX3 platform has centralized leasing and rent collections, which includes leveraging AI. Hunter, our AI leasing agent, manages leads, communicates with prospective residents, schedules tours, and interacts with residents. As of the second quarter of 2023, Cardinal was able to automate follow-ups with 74% of leads at contracted communities, booking 1,330 tours and sending nearly 31,580 messages or texts, saving our on-site teams 1,700+ hours. Hunter was launched at a 1,200-bed community to address long-standing issues with delinquency and within the first month, contributed to a 9% drop in outstanding AR relative to historical averages. On a portfolio level, AI has collected over $5 million in rent.
We know our Cardinal Team Members are talented in the workplace, and this year we challenged them to show their passion and talent OUTSIDE of the office. From dancing, singing/rapping, producing/directing, artistry, and magic tricks just to name a few....they can do it all. This year, we received several submissions for the first annual Cardinal's Got Talent showcase, and we are pleased to announce our winner! (Drum Roll) Amarie M. - Leasing Team Member - The Bloc/Park East Amarie discovered her passion for singing when she would sing alongside her sister who played the guitar. Through her talent of singing, Amarie hopes to inspire other to stay consistent and pour into their passions by never giving up and understanding that failure means potential success. Congratulations, Amarie!
Cardinal Group Companies, a leader in the student, affordable, and multifamily housing industry, has announced its partnership with Entryway (formerly Shelters to Shutters), a non-profit that provides apartment companies with a pipeline of pre-screened, trained, and ready-to-work individuals for their entry-level positions. Entryway offers a unique program that focuses on sourcing talent where hiring managers may not be looking: individuals and families at risk of or facing situational homelessness. Entryway participants receive industry-specific career training and mentorship to strengthen their existing skill sets and prepare them to enter new career opportunities in the apartment industry. As a partner of Entryway, Cardinal will receive candidate referrals for their open entry-level positions such as maintenance technicians and leasing agents in turn providing discounted housing opportunities for those Entryway participants hired. “We are thrilled to announce this partnership,” said Alex O’Brien, CEO, Cardinal Group Companies. “Entryway has shown commendable dedication to serving these individuals and families during uncertain times. We are always in search of organizations that are Mission-focused and we love the Mission of Entryway. We are aligned on the mission to provide life-changing opportunities to the situationally homeless.”
At Cardinal Group Companies, we believe that embracing diversity and fostering an inclusive environment is fundamental to our success as a company and as a community. We are committed to creating a workplace that values and respects individuals from all backgrounds, cultures, and perspectives. By celebrating Juneteenth, we aim to raise awareness and deepen our understanding of the struggles faced by African Americans throughout history and the current challenges African-Americans face today, while also acknowledging their invaluable contributions to our society. As part of our Juneteenth commemoration, we encourage our team members, partners, and residents to join us in learning more about the historical significance of Juneteenth and its ongoing impact on our society. Through these efforts, we aim to create a more inclusive and equitable future for all. Together, we can create a workplace and a society that celebrates diversity, equity, and freedom for all. “We believe that Juneteenth is a time for reflection, education, and action,” said Alex O’Brien, CEO of Cardinal Group Companies. “By embracing the spirit of Juneteenth, we are committed to promoting diversity, equality, and fairness within our organization and the broader community. We invite everyone to join us in celebrating this important milestone in our nation’s history.”
Cardinal Group Companies recently accepted a minority investment from real estate private equity firm Whitman Peterson. The investment will enable Cardinal Group to expand its ground-up development capabilities and begin acquiring businesses in the real estate sector. “We are thrilled to partner with Cardinal Group and support their growth plans,” said Wes Whitman, Co-Managing Partner at Whitman Peterson. “Cardinal is extremely well positioned to take advantage of very significant growth opportunities, and we hope our investment and involvement will help on this exciting journey.” Whitman Peterson has a long history of helping its partner companies scale significantly. The firm strives to be great long-term partners to a relatively small number of top platforms across its target sectors by providing high-impact capital, processes, and experience to help create long-term value at both the real estate and operating company levels. Whitman Peterson’s team includes experienced real estate professionals with deep industry knowledge and extensive experience.
Cardinal Group Management earned national recognition today as the 41st largest apartment manager in the country by the National Multifamily Housing Council’s (NMHC) Top 50, the annual ranking of the nation’s largest apartment owners, managers, developers, builders, and syndicators. Cardinal Group Management’s impressive portfolio of over 40,000 managed units secured its spot on the prestigious list for the third consecutive year. The NMHC Top 50 Manager list is highly competitive, and Cardinal’s consistent placement reflects the commitment to excellence and dedication to providing exceptional multifamily housing management services. “We are proud to be recognized by NMHC for the third year in a row,” said Alex O’Brien, CEO of Cardinal Group. “Our team works tirelessly to ensure our residents have the best possible living experience. This recognition is a testament to our commitment to providing exceptional service while focusing on innovation and community engagement.”
Cardinal Group celebrated Onsite Team Member Appreciation Week from March 6, 2023, through March 10th, 2023. Throughout the course of the week over 1,700 team members had the opportunity to compete with, engage, and celebrate each other. The week included Cameo videos being sent to each community from their biggest fans at HQ, our onsite teams joining a company-wide live stream and competing in three (3) Olympic Challenges, a Part-time Team Member Appreciation Day, a virtual awards ceremony, and concluded the week with a team lunch outing. Our teams also received t-shirts celebrating the monumental week. It was a truly incredible time to watch our teams come together to celebrate one another across our Student, Conventional, and Affordable Housing portfolios. We appreciate all of our on-site team members endlessly throughout the year and we are so grateful for the opportunity to show some extra love during Onsite Team Member Appreciation Week. #WeAreCardinal
Glassdoor is proud to announce that Cardinal Group Companies has earned the best place to work award for 2023. As a fiercely culture-based company, Cardinal Group Companies has risen past over 700k competitors to achieve this exclusive designation. With an average rating of 4.5, the employees of Cardinal Group have leveraged their authentic voice to help job seekers like you to better understand the working experience found at this organization. Glassdoor invites you to learn more about Cardinal Group Companies through our page as well as through Indeed. Here, you will find what makes Cardinal Group Companies a leader in the employment experience of over 2,000 team members across 43 states. Congratulations to each person, present, past, and future that calls themselves a Cardinal Group Companies team member.
