Items Tagged with 'RealPage'

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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 acquisition spree continues, agrees to purchase Rentlytics

    This is RealPage's seventh acquisition since January 2017
    Real estate tech company RealPage has been on an acquistion tear of late, shelling out more than $1 billion to acquire several other companies in the real estate tech space. And now, RealPage is at it again. RealPage announced Friday that it agreed to buy software-as-a-service company Rentlytics for $57 million, its seventh acquisition since January 2017.
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  • Here are 4 "buy" cities for multifamily investment

    These four cities are heating up and offer great upside for investors buying into the market
    Scouring the nation for your next cash cow multifamily acquisition? Look no further than these four underrated cities RealPage says have great upside. Things are a little too competitive for to be profitable for many investors in the primary markets. RealPage’s picks are not the sexiest markets, but their fundamentals are solid and their growth potential make them worthy candidates for investment.
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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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  • Even tariffs might not slow multifamily construction

    Multifamily construction doesn't seem ready to wind down despite rising costs...yet
    There are few things that make multifamily developers nervous quite like overbuilding, and right now, despite significant increases in cost, multifamily construction is still chugging along a little faster than most multifamily pros seem to think it should be. What gives?
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  • Class-A rent is still growing in a handful of U.S. markets

    Despite overall softening in nationwide Class-A rent, these markets are still soaring
    Despite nationally slowing rent growth in Class-A multifamily product, some markets are defying the odds and posting significant Class-A rent growth. Here's a breakdown of which markets are on the upswing in the Class-A segment.
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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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