SOURCE: NWP Services Corporation

NWP Services Corporation

February 19, 2009 12:05 ET

NWP Services Corporation Opens Office in Austin, Texas

AUSTIN, TX--(Marketwire - February 19, 2009) - NWP Services Corporation (NWP), the leading provider of financial transaction processing solutions for the multifamily housing industry, today announced that it has opened offices in Austin, Texas. The new facility will be used to house executive offices, a customer service and training center and to provide facilities for customers to host their own training and management meetings.

"The demand for NWP's expert billing, electronic rent payment and utility management services continues to grow nationwide as has the number of our property management customers based in Texas," stated Michael Radice, president and CEO of NWP. "We are delighted to move closer to our customers in the Texas marketplace, doing so enables NWP to continue in its commitment to offer the industry's highest quality service, training and support services to apartment owners and managers," added Radice.

Currently NWP has thirteen offices positioned throughout the United States with corporate headquarters in Irvine, California; this expansion of the company's nationwide presence represents a significant commitment to NWP's customers in this region.

A ribbon-cutting ceremony will take place at the company's new office located at 800 Brazos, Suite 500 Austin, Texas on Thursday, February 26, 2009 at 4:30pm Central. Clients, multifamily industry professionals and local media are invited to attend.

About NWP Services Corporation:

Headquartered in Irvine, California, NWP Services Corporation (NWP) serves the multifamily housing industry as its leading financial transaction processing provider. NWP is known for its industry expertise delivering proven results and exceptional quality in resident billing, resident payment processing and utility management.

Resident billing by NWP helps property owners offset their utility expenses. The company's utility cost recovery team allocates utility charges to residents and prints and sends the bill; NWP's billing options now include convergent-or "rent-inclusive"-billing through its Resident OneBill service. Complementing its billing services, the company's electronic resident payment processing service; called Resident ePay; enables residents to pay their rent, utilities and other monthly charges online or at the rental office with funds transferred to the property's bank account electronically. Resident ePay gives residents convenience and choice and enables owners to access cash faster. In addition, with its UtilityPay Manager program, NWP processes and pays invoices sent to customers' properties by utility companies. UtilityPay Manager helps customers reduce time spent on administrative bill payment work and provides them with valuable utility data and additional cost management opportunities, including recovering expenses from residents when they fail to transfer utilities into their own name.

NWP's offerings are available as individual services or as a fully integrated solution and are designed to accelerate the financial performance of our customers, allowing them to recover and reduce operating costs, create operational efficiencies, improve NOI and FFO and boost resident satisfaction. Additional information is available at www.nwpsc.com.

Contact Information

  • Contact for NWP Services Corporation:
    David Collins
    949-253-2589
    Email Contact