RealPage acquired by equity firm
The all-cash deal will value RealPage at more than $10B. The real estate analytics and software company will continue operating with the same leadership team after the deal
by Jim Dalrymple II Dec 22
Home for the holidays? Nope, say vacation rental companies
Demand for family- and pet-friendly properties during the holidays is on the rise. Nationwide, reservations with children are up 15% year over year while New Year's Eve vacation rentals jumped nearly 20% compared to last year, according to Vacasa
Apartment List nabs $50M funding round at $600M valuation
The funding round valued the rental listing marketplace at $600M, double the valuation it received for its Series C round
by Patrick Kearns Dec 21
Move Inc. acquires rental platform Avail
The platform provides tools for do-it-yourself landlords, and will now become a part of realtor.com
by Jim Dalrymple II Dec 15
Rinse launches app-based door-to-door laundry service for rentals
The service will provide contactless pickup and delivery of laundry to residents, and can be included in a tenant's lease agreement or as a building amenity for an exclusive price
by Lillian Dickerson Dec 15
Among renters, demand for short-term leases soar amid pandemic
In November, 16.4% of renters sought out apartments with short-term leases outside of their current metro area, a 40% increase since January, according to Apartment List
Here's why housing needs to be more pet-inclusive now
Given the positive effects pets have on stress levels, now's the time for all multifamily communities to adapt their policies and allow for a better living experience — for both pet owners and their furry friends
by Michael Zaransky Dec 8
Replay Listings, RentCity partner to ensure transparency in NYC rentals
Replay Listings, an all-video tour app for New York City apartments, will now have the fast-growing ratings from RentCity to accompany its listing search results
by Craig C. Rowe Dec 7
Airbnb may actually be undervalued ahead of IPO: Study
A new analysis by consumer analytics company ValueChampion found that the pandemic has actually helped Airbnb achieve greater dominance over the travel booking industry
by Jim Dalrymple II Dec 2
New study shows evictions have led to 430,000 COVID-19 cases
Expiring eviction bans at the state level over the course of the pandemic have led to hundreds of thousands of additional COVID-19 cases, according to new research
With CoStar in the game, a new real estate chessboard emerges
People who have done deals with CoStar, or had a catbird seat in CEO Andy Florance's business dealings, say he's cunning, ruthless and plays to win. Sounds like Zillow, right?
by Brad Inman Nov 30
Vacasa arrives in Wyoming, partners with local company
Partnering with the local rental company Mountain Property Management, the vacation rental platform is adding 45 properties in Wyoming's Teton County to its portfolio
Airbnb exec resigned over data sharing with China
The former FBI deputy director had brought up concerns over the company sharing renters' addresses and phone number with the Chinese government
'Everybody is in dire straits': Property managers plead for government help
At the Realtors Conference and Expo, panelists made a case for the federal government to provide rental relief for both residential and commercial tenants amid the pandemic
by Andrea V. Brambila Nov 17
Vacasa CEO: Vacation rentals have no shoulder season now
Matt Roberts said that once lockdowns lifted, Americans flocked to short-term rentals, though their preferences are changing
by Jim Dalrymple II Nov 17
Airbnb files for IPO, reveals soaring losses in early 2020
The short-term rental platform lost nearly $1 billion during the first half of 2020. But a rebound in travel actually allowed it to turn a profit in the third quarter
by Jim Dalrymple II Nov 16