Omaha Municipal Land Bank (OMLB) is a catalyst for transforming distressed properties into community assets. Marty Barnhart, its Executive Director, is converting OMLB’s strategic vision into real results and STR’s epropertyplus TM is at the heart of their success.
Omaha Municipal Land Bank (OMLB) is a newly formed land bank with a staff of three and operations budget that focuses on distressed, abandoned, and tax forfeited properties. To manage their property inventory, OMLB needed a single repository to capture, manage, and analyze property data, along with mapping, reporting, and the ability to showcase available properties to the public. Additionally, the OMLB desired a database that would allow them to collaborate with non-profit partners for inventory and maintenance.
For Marty, this potential pipeline of 5,000 or more properties represents opportunity. “These properties impact at the property level, but they also represent an economic and social loss to the community. If we can transform some of these houses, we know it can catalyze owners of other properties to take more care of their properties and drive positive investment.”
“epropertyplus TM is ideal for what we do. It is property-centric, which is hugely important. It is built to do the things we do – acquire, hold, and sell property. From my first days, I loaded data into epropertyplus TM on properties that would likely end up in my hands. I wanted to start evaluating my options right away.”
There is so much that goes into managing an inventory, even a small one. Investing in the software early in our process was the smart thing to do.
– MARTY BARNHART (right) Executive Director Omaha Municipal Land Bank
- Drive immediate impact
- Consolidate and integrate strategic data
- Increase transparency
- Boost stakeholder confidence
- Supports collaboration
- Cost effective/high total ROI
OMLB is focused on transformation and epropertyplusTM has transformed how the Omaha Land Bank operates. According to Marty, OMLB has been able to get rid of their spreadsheets and almost all paper records. “We keep everything in epropertyplusTM.”
epropertyplusTM is also driving stakeholder confidence. “With our stakeholders, like our board or members of our city council, we can share information on our activities and keep them informed. If they want to know about a property, I can immediately pull up the property data, with every picture, note or document. If someone wants a custom map showing properties in a specific area, I can generate one and email it over.”
“Collaboration is a big part of what we do. With epropertyplusTM, we can collaborate with our nonprofit and community development partners to help them find opportunities to develop property they may not know exists. “We’ve integrated features into our epropertyplusTM, like the Zillow integration, to help us validate prices. We can look into the county tax system automatically to research properties. Additionally, when someone wants to apply, we can accept the application and process it online. It’s all right there in one system.”
Six months in, Marty states that epropertyplusTM is the backbone of everything they do. “We depend on it each day and it is amazing what a difference it’s making as we implement new programs and processes.”
OMLB has acquired several dozen properties in its first few months and they expect to complete at least 100 transactions in 2017. Marty and the OMLB plan to make a big impact across Omaha and one thing they can be sure of – epropertyplusTM will be at the center of their daily operations every step of the way!
“The question I would ask anyone who is considering this software is, can you afford NOT to use it?”
– MARTY BARNHART
Omaha Municipal Land Bank
epropertyplus TM is STR’s award-winning cloud-based SaaS software solution that is designed to help public sector organizations to manage property and community revitalization. epropertyplusTM is GIS-centric and supports transparency, operational efficiency, and public visibility for property and integrates well with other municipal software systems. To learn more, visit our epropertyplusTM website or contact us at (703) 460-9011.