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

Proptech funding shows no signs of slowing down

The U.S. real estate technology sector nabbed $1.9 billion in growth equity capital in 2019, according to a new study from GCA Advisors. Continue reading

Tenant screener RealPage pays $3M for imprecise criminal records tool

After the Federal Trade Commission accused tenant screening company RealPage of falsely linking some prospective renters to criminal records, the company has agreed to shell out $3 million in a penalty settlement. Continue reading