ReNew REIT is a senior housing investor with a $1.7 billion market value and a portfolio of 90+ communities across 18 states. With more than 8,000 units operated by seven different partners, consolidating rent roll data was a major challenge.
“At the asset level, our analytics were strong,” explains Erin Claus McDonald, Director of Data & Analytics. “But when we wanted a portfolio-wide view — to compare rent increases or leasing spreads across operators — it meant manually stitching data together from multiple systems. We knew we needed a faster, more reliable way.”
That’s where PRODA came in. By standardizing 100% of rent rolls and validating them automatically, ReNew REIT eliminated time-consuming manual consolidation. The platform also automated the tracking of annual rent increases and provided custom reports to benchmark performance across operators.
“Before PRODA, we spent a lot of time manually pulling insights together. Now, we’re able to move more quickly into analysis and decision-making,” says McDonald.
Today, ReNew REIT uses PRODA to identify missed rent increases, flag underperforming assets, and surface early signals of risk. This has changed how the firm engages with operators, giving the asset management team stronger data to drive conversations and highlight opportunities.
“Working with PRODA has been a great experience,” McDonald adds. “Implementation was quick, the platform is intuitive, and the support team feels like a true partner.”
Why it matters
For ReNew REIT, PRODA is more than a time saver. It provides a scalable process that turns complex rent roll data into insights that guide portfolio strategy and operator discussions.
Read the full ReNew REIT case study here.
