How SRG Residential Improved Leasing Performance and the Resident Experience with EliseAI

2.45x

Lead Capture Increase

9%

Lead-to-Tour Volume Increase

60bps

Delinquency Rate Improvement

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Introduction to SRG Residential

SRG Residential is a premiere provider of third-party property management services for the multifamily industry. Serving over 50 clients and managing over 40,000 units, SRG operates in Texas, Arizona, Nevada, Colorado, Washington, and California. SRG Residential prides itself on the local market expertise of their operation’s personnel enabling them to develop targeted operations and management strategies that increase revenue, reduce expenses, and enhance asset value. The company is large enough to have a full suite of services including accounting, human resources, technology, marketing, and capital improvements. That forward thinking attitude is what first led them to look into deploying AI at their communities.

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SRG Residential Experiences Common Multifamily Pains

SRG Residential faced a variety of external pressures that necessitated innovative technological solutions. A tight macroeconomic climate, heightened resident expectations driven by the “on-demand” economy, and onsite inefficiencies caused by manual workflows caused Jeff Bailey, President - SRG Residential Management and the rest of SRG Residential leadership team to look for a solution that could solve these pain points.

Fortunately, they found a way to manage heightened resident expectations by providing round-the-clock service without adding headcount or putting more work on the plates of their teams—enter EliseAI.

Improved Operations at SRG Residential, Powered by EliseAI

After benchmarking multiple vendors, SRG’s VP of Strategic Initiatives Susan Whitney and SVP of IT Jason Gherardini chose EliseAI for its unified, human-sounding platform, rapid integration pace, and transparent reporting.

Today, LeasingAI, ResidentAI, and VoiceAI now support prospects and residents 24/7, automating 80% of prospect messages and producing a 245% jump in lead capture rates. Smart, AI-powered follow-ups drive a 47% lead-to-tour rate via email, pushing overall lead-to-lease above 5%.

With EliseAI de-escalating 1 in 5 “emergency” calls, SRG Residential has been able to cut overtime tech costs and free their technicians up to handle true emergencies. Finally, personalized, persistent reminders shaved 60 bps off delinquency rates and cut the time to 95% collected by two days.

A 1,300-unit, four-property pilot in Greater LA (layered atop 10,000 units already on LeasingAI) provided hard proof within 90 days: thousands of after-hours texts, emails, and calls handled automatically; messaging hours saved translated to more resident face-time; and weekly joint check-ins let SRG tweak AI responses in real time. 

Early on-site skepticism flipped once managers saw dashboards showing hundreds of hours returned to the team and Google reviews climbing. Forty-five SRG Residential communities now run LeasingAI, and uptake of ResidentAI and VoiceAI is spreading portfolio-wide, backed by a change-management playbook that frames the AI as a “new team member” rather than as a replacement.

Takeaways from the SRG Residential Success Story

By embedding EliseAI across leasing, maintenance, and collections, SRG Residential converted staffing constraints into a competitive edge, capturing every lead, curbing emergency costs, and accelerating cash flow without adding headcount. With AI-Guided Tours, Call Scoring, and Lease Audits next on the roadmap, SRG Residential is positioned to keep raising the bar on operational excellence and resident satisfaction.

Honorable Mentions
Susan Whitney
VP of Strategic Initiatives
SRG Residential

As Vice President of Strategic Initiatives, Susan Whitney is responsible for overseeing the implementation of technologies and property management initiatives. Prior to joining Sares Regis Group, Susan worked in business development and operations at Gables Residential in Florida and Southern California. Previously, she oversaw 8,000 multifamily units in Florida with Trammell Crow Residential and grew the portfolio when it was sold to Riverstone Residential. Susan attended the University of Massachusetts Lowell with a major in Psychology, and was previously President of the Southeast Florida Apartment Association.

Jason Gherardini
Senior Vice President IT
SRG Residential

Jason Gherardini is Sr. Vice President of IT at Sares Regis Group. Jason began his career in commercial and multi-family real estate, construction and the software industry in 1996. He provides all aspects of IT leadership for Sares Regis Group, from business strategy, infrastructure operations, and support to overseeing innovation and emerging technology.

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