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In the News Apr 23, 2025

Tenant Inc. Platform Drives 2 Years of Growth & Efficiency for Platinum Storage Group

Learn more about Platinum Storage Group's impressive two-year journey and the tangible growth achieved since moving to Tenant Inc.'s Hummingbird Property Management Software.

Leading self-storage operator Platinum Storage Group leverages Tenant Inc.'s innovative platform, powered by Hummingbird PMS, across its 40+ facility portfolio, driving significant growth and efficiency over the past two years.

NEWPORT BEACH, Calif., April 22, 2025 -- Validating its unique model as a Vertical SaaS platform built by and for self-storage operators, Tenant Inc. today highlighted the significant, measurable success Platinum Storage Group has achieved after two years utilizing its integrated technology suite. The results across Platinum's 40+ facility portfolio demonstrate the platform's effectiveness in solving core operational challenges and maximizing revenue in today's competitive self-storage industry.

Leveraging Tenant Inc.'s platform for the past two years has enabled Platinum Storage Group to successfully modernize operations across its portfolio, driving notable improvements which include:

  • +6.2% Increase in Portfolio Occupancy: Driven by Tenant Inc.'s streamlined rentals & marketing tools since March 2023.
  • +12.6% Increase in Tenant Protection Enrollment: Achieved via seamless integration on the Tenant Inc. platform, boosting ancillary revenue.
  • +12.7% Increase in Tenant AutoPay Adoption: Increased through the platform's user-friendly portal & automated reminders, improving cash flow.
Screenshot of Tenant Self-Storage Management Platform


"Partnering with Tenant Inc. these past two years has directly improved our key performance metrics," said Dane Elefante, Chief Operating Officer at Platinum Storage Group. "Seeing significant lifts in portfolio occupancy and the adoption rates for both tenant protection and autopay confirms the platform's effectiveness in streamlining crucial revenue drivers for an operation like ours. Additionally, the platform's lead integration with Google Analytics gives us visibility into the channel, source, and medium for each lead, and their dynamic reporting and data warehouse allow us to identify and analyze the marketing KPIs we believe drive new business to our stores. Ultimately, their marketing, tech platform, and frequent feature updates keep us on the competitive edge and make us better operators so we can better serve our customers, our third-party management clients, as well as our investors."

Tenant, Inc. provides the all-in-one technology platform purpose-built for independent self-storage operators of all sizes. The platform features their flagship Hummingbird Property Management Software (PMS) at its core, integrating capabilities for operator websites (Mariposa), automation, digital marketing, operational management, and data analytics within a unified system. This allows operators to enhance their online presence, streamline workflows, improve tenant interactions, and make informed, data-driven business decisions to drive revenue.

Read the full press release on Yahoo Finance.

 

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