Items Tagged with 'RealPage Inc.'

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  • RealPage to pay $3 million to settle FTC allegations of faulty tenant screenings

    FTC claims RealPage screenings could have returned incorrect criminal records
    RealPage will pay $3 million in a settlement with the Federal Trade Commission, which accused the real estate tech and data company of providing landlords and property managers with faulty tenant screening results over a five-year period. According to the FTC, RealPage’s screening reports could have shown incorrect criminal records for a prospective tenant because of the company’s limited filtering system on its screenings.
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  • RealPage completes $100 million acquisition of LeaseLabs

    Provider of digital marketing services and software is RealPage’s latest acquisition
    RealPage’s $100 million acquisition of LeaseLabs is now complete. The acquisition of LeaseLabs is just the latest for RealPage, a provider of software and data analytics to the real estate industry. This is RealPage’s sixth since January 2017 and pushes the company’s total outlay for its recent expansion past $1 billion.
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  • RealPage continues growth, plans $100M acquisition of LeaseLabs

    Latest deal pushes total outlay for acquisitions since 2017 to more than $1B
    RealPage, a provider of software and data analytics to the real estate industry, has been on quite the run of acquisitions in the last 18 months or so, acquiring five different companies as it seeks to grow its empire. And the company’s not done yet. RealPage announced late Thursday that it is planning to acquire LeaseLabs in a $100+ million deal.
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  • RealPage continues expanding, agrees to buy On-Site for $250 million

    Acquiring leasing and marketing platform for rental properties
    This year really is turning out to be a year of expansion for RealPage, as for the fourth time in 2017, RealPage, a provider of software and data analytics to the real estate industry, announced that it is acquiring another company. RealPage announced Wednesday that it is acquiring “substantially all of the assets” of On-Site Manager for approximately $250 million in cash. That brings RealPage’s total expansion expenditures for 2017 to just shy of $700 million.
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  • RealPage expanding again, acquires American Utility Management

    Buys provider of utility and energy management solutions for $70 million
    RealPage’s year of expansion continues. First, the company acquired Axiometrics, a provider of apartment market data, for $75 million. Then, RealPage announced that it planned to acquire Lease Rent Options from The Rainmaker Group for $300 million. And the company isn’t done yet.
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  • RealPage continues expansion with $300 million acquisition of Lease Rent Options

    Will increase company’s real-time pricing data
    Earlier this year, RealPage, a provider of software and data analytics to the real estate industry, announced plans to expand its apartment data offerings with the $75 million acquisition of Axiometrics. Well, it turns out that RealPage isn’t done expanding yet. The company announced Monday that it reached an agreement to acquire Lease Rent Options and related assets from The Rainmaker Group for $300 million in cash.
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  • RealPage seeks to build apartment data giant with acquisition of Axiometrics

    Also signs long-term deal with Real Capital Analytics
    RealPage, a provider of software and data analytics to the real estate industry, is growing its operation and seeking to create an apartment data giant with a pair of deals - acquiring “substantially all of the assets” of Axiometrics, a provider of apartment market data, for approximately $75 million; and entering into a “long-term” deal with Real Capital Analytics, a provider of multifamily sales transaction data and analytics.
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