Welcome Kate Forsyth

Banyan, Inc., a leading utility submetering and billing company, announced today that Kate Forsyth joined the company as their new Regional Sales Manager covering the Mid-Atlantic states. In her new position, Kate will be responsible for the development and performance of regional sales activities and growth for the company.

Kate brings over 30 years of experience in the multifamily industry, both on the owner-manager and supplier side, and is passionate about serving the multifamily industry.  Before joining Banyan, she was employed by Water Watch Corporation, Minol USA, and by REIT AvalonBay Communities, Inc. Kate was responsible for increasing water, sewer, electric, and gas collections via onsite associate training; augmenting utility reimbursements by instituting a collection and training process, creating and implementing a new utility recovery program, Hot Water Energy, as well as developing a reinstatement and centralization of the collections programs for AvalonBay’s portfolio which consisted of more than 150 properties. While with AvalonBay, Kate also successfully lobbied for the passing of the submetering law in Massachusetts in 2005.

From in-depth revenue analysis to finding the best utility recovery solution for owners, Kate brings practical, NOI-enhancing solutions to her customers.

“We are extremely excited to welcome Kate to the Banyan team. We feel that her experience and leadership skills will be instrumental in achieving our mission of providing exceptional customer service and helping our clients exceed their utility billing and expense recovery goals” praised Ryan Hemphill, Director of Sales. Kate will be responsible for expanding Banyan’s direct sales in the Mid-Atlantic. Her results-oriented approach and ability to think strategically will play a pivotal role in the company’s expansion.” We’ve been adding to our team and are pleased to welcome Kate as our latest addition. Her competitive spirit, combined with her focus on exceptional customer service, sales process, and strong track record of success make her a perfect fit for Banyan” Brian Stone, President.

Kate commented, “I am very excited to be joining Banyan and becoming a part of such a dynamic and respected team, they presented me with the unique opportunity to contribute to the growth of one of the most innovative platforms in the submetering and utility billing industry.”