Revolution RE to use $3M in VC to empower landlord business data

The data aggregation and workflow automation company Revolution RE received a relatively modest monetary injection of $3 million. Continue reading

Agent’s selfie at packed open house captures NYC rental market chaos

A video posted this month portrays the insanity of renting an apartment in New York right now, with tenants paying so-called “cuck money” and reports of more Airbnbs in the city than rentals. Continue reading

Pending home sales take a hit in September: NAR

Slowed contract signings in September are a likely sign that home price growth will soon come back down to earth, NAR Chief Economist Lawrence Yun said. Continue reading

Rent growth catching up to home price increases in major cities

In 2021, East Coast rents made steady gains while West Coast rents remained stilted — until recently, a new report released Tuesday from Zumper reveals. Continue reading

Place tenants and find future buyers with RentBase, a CRM for rental agents

RentBase’s internal research shows aspiring tenants who complete their onboarding survey end up choosing properties that cost 15 percent more per month. Continue reading

Institutional investors are coming for the short-term rental market

Experts say the transition for institutions is “inevitable” and that hopefully it will ultimately bring a few perks, like lower pricing and more inventory, to short-term rental guests. Continue reading

Zumper launches in-app messaging experience

The new feature will allow renters to communicate directly with Zumper’s leasing partners and submit application materials or rental documents within the app. Continue reading

Rental proptech Lessen secures $35M in Series A

Lessen is a web-based platform for connecting rental property owners and their management services teams with professionals to assist in an array of business-critical operations. Continue reading

Blackstone shells out $6B to re-enter rental market

Blackstone Group Inc. has reached a deal to acquire single-family rental home company Home Partners of America Inc. after a competitive bidding process. Continue reading

Guaranteed rent model property management firm Doorstead secures $12.5M

Doorstead’s model is predicated on providing its landlord customers with a patent-pending rent analysis solution that identifies the ideal rate after processing more than an 11 million market data points. Continue reading