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

Rents see national growth after 8-month stretch of declines

The US median rent increased 1.1 percent year over year in March after 8 consecutive months of declines, according to a new report from realtor.com released on Tuesday. Continue reading

RentSpree expands MLS Partnership Program

The company is launching partnerships with several new multiple listing services across the country and will extend its integrated MLS services to about 140,000 additional agents. Continue reading

Commercial property giant Jones Lang LaSalle takes on rental market

JLL has forged an agreement with rental property management company Roofstock, which stands to give the startup significant stature in the rental home investment market. Continue reading

‘I don’t want to evict anyone’: 3 investors on how COVID-19 has impacted them

Small-time real estate investors in Atlanta, Denver and Knoxville share how they’re balancing their financial security while caring for tenants. Continue reading

56% of renters still plan to move despite ongoing pandemic

RentCafe’s latest sentiment survey shows the majority of renters aren’t canceling their moving plans despite fears about a worsening COVID-19 pandemic. Continue reading

Rently self-guided tours coming to 75 more rental communities

An award-winning national property manager responds to reduction in face-to-face showings by rolling out Rently’s patented touring technology. Continue reading

Zumper fast-tracks online tour tools, presses on with hiring plans

The nation’s largest rental search and transaction platform has pushed up the launch of new online tour tools to counter the “coronavirus market.” HUD’s call to delay evictions could have long-standing impact on property market. Continue reading

Rental platform Zumper raises $60M in Series D round

A Series D fundraising round was led by e.ventures, it’s first investment in the rental platform, which acquired PadMapper in 2016. More than 80 million use Zumper, according to the company. Continue reading