RealPage software may have pushed US rents sky high, new report says

The report, out Friday from news non-profit ProPublica, focuses on YieldStar, a piece of software the property management company says on its website is geared toward “optimizing rent pricing.” Continue reading

Weakest Q3 for US apartment leasing in 3 decades

RealPage reports the third quarter saw the biggest slowdown in leasing traffic in 30 years of tracking. Paired with a slowdown in rent, it’s the latest sign of turbulence in the housing market. Continue reading

EXp hires new execs including former Remine CEO, cofounder

The virtual brokerage is bringing on Shoeb Ansari to serve as chief information officer, as well as former Remine CEO Leo Pareja to oversee affiliated services. Continue reading

The best US cities for rental arbitrage in 2021

Rental arbitrage is when an individual rents a property long-term and then rents it out to someone else short-term. A new report found that less densely packed coastal destination markets are prime locations for arbitrage in 2021. Continue reading

Annual apartment rent growth, occupancy hit new highs in July

The new highs surpassed records set between 2000 and 2001. As of July, the average monthly apartment rent in the U.S. hit $1,549. Continue reading

Property managers can empower multifamily residents with this tech

Smart buildings and connected communities provide their residents with the security and convenience that transforms spaces from an apartment to a home. Continue reading

How can apartment communities save up to $1800 a year? The answer is garbage.

Proven to reduce trash contamination fees by up to 80%, save up to $1800 a year per dumpster, and reduce waste-related costs by more than $100 per unit, the platform is uniquely capable of cutting expenses—without becoming a new one. Continue reading

RealPage launches new virtual apartment tour solution

The integrated virtual touring solution will provide interactive content for potential clients to explore, as well as a live leasing agent available on-demand. Continue reading

RealPage acquires property management company Buildium for $580M

Tenant screening company RealPage has just purchased Buildium, a property management company, in a $580 million deal in cash. Continue reading