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

Landlords are waiting months for pandemic rental assistance

State and local governments are overwhelmed by the task of launching programs to review thousands of applications from renters and landlords. 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

Luxury short-term rental unicorn Sonder in merger talks with SPAC

Luxury short-term rental startup Sonder is in talks to merge with blank-check company Gores Metropoulos II Inc. The deal would value the combined company at more than $2.5 billion. Continue reading

Los Angeles developer Rick Caruso to accept bitcoin as rent

Billionaire Rick Caruso plans to roll out a variety of cryptocurrency programs for consumers, including a customer reward option as well as the ability to pay rent with bitcoin. Continue reading

California siblings ensnared in $6M residential sales scam

Adolfo Schoneke, 43, and Bianca Gonzalez, 38, are accused of running a multimillion-dollar listing scam that even included tricking homeowners into allowing home showings. 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

Vacasa wraps up acquisition of major rental rival Turnkey

First announced in early March, the acquisition of TurnKey Vacation Rentals will add approximately 6,000 units to Vacasa’s ever-growing portfolio. Continue reading

Rents rise in suburban and rural areas, remain flat in urban centers

Recent data from Zumper shows that suburban and rural rents grew 5 to 7 percent more than urban rents over the last year. However, some secondary cities that thrived during the pandemic are now starting to see rent declines Continue reading