Marvin Banks Joins BluTrend, BluTrend®, LLC

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Marvin Banks Joins BluTrend, BluTrend®, LLC

BluTrend®, the technology leader in Multifamily Energy Management, today announced that Mr. Marvin Banks has joined its team of executives and will serve as the Chairman of the Board of Directors. Mr. Banks will provide leadership and overall strategic direction for the Company.

“We are very excited to have Marvin join our executive team,” said Michael Anderson, Managing Partner, “Marvin’s proven leadership and vast experience in the multifamily industry will help propel BluTrend to the next level.”

Mr. Banks has more than 30 years of experience in the real estate industry including the evolution of Trammell Crow Residential partnerships into a highly successful public REIT as Gables Residential Trust. Mr. Banks was also instrumental in the architecture of the multifamily recovery play for Cortland Partners where he maintains an advisory role. He is a Board member of the Private Bank of Buckhead/Decatur and serves on the Board of the Atlanta Children’s Museum and the Georgia Council for International Visitors in addition to being on the faculty at Emory University’s Goizueta Business School.

BluTrend’s proprietary patented technology provides a competitive advantage in a space ripe for value creation. I am humbled by the opportunity to join a BluTrend team full of depth as we execute on arbitrage opportunities allowing property managers and owners to enhance profitability in an environment where increasing competition in primary revenue sources will necessitate differentiation to attract capital. BluTrend is the answer to the how to optimize contributions to net income from ancillary services.” Stated Mr. Banks.

For more information about BluTrend, LLC visit our website at www.blutrend.com or call Michael Anderson at 972-739-9901.


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