Items Tagged with 'RealPage'

ARTICLES

  • 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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  • Security deposit alternatives gaining ground in rental industry

    Changing regulatory climate, burdensome bad debt and increased efficiency are all reasons property managers eschewing traditional security deposits
    Property managers are turning to security deposit alternatives as a way to mitigate bad debt, get ahead of regulatory trends and increase efficiency. A security deposit alternative is essentially the replacement of a standard security deposit with a one-time premium that covers losses in the event that a resident leaves a unit in shambles or walks out on his or her lease prematurely.
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  • Give the people what they want: RealPage to offer free apartment data on its website

    Company will offer continuously updated rent and occupancy data for free
    For no charge, RealPage is offering its rent and occupancy data on millions of U.S. apartments for free, citing the importance of data to due diligence and competition in the multifamily market. Visitors can access the data through the "Explore" feature on RealPage's website.
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  • RealPage launching platform to help turn empty apartments into short-term rentals

    KigoHospitality will help landlords looking to use 5 to 30 units as short-term rentals
    RealPage subsidiary Kigo, a vacation rental booking and management platform, is a launching a new program targeted at managing short-term rentals in multifamily properties. The launch of this product comes at a time when short-term rentals are a hot-button topic for the industry, and while some multifamily entities are against short-term rentals, RealPage is leaning into the issue.
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  • RealPage: Class-C is now the cream of the multifamily crop

    It's the underdog story of the decade; Class-C apartments are outperforming Class-B and Class-A in occupancy growth
    It’s the underdog story of the decade. Class-C is now on top of the multifamily food chain, boasting tighter occupancy rates than Class-B and Class-A, according to a report from RealPage. Class-C can thank good job growth, the overall demand for multifamily and the particularly acute demand for affordable apartments for its upward momentum in the multifamily market.
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  • RealPage: Rent growth continues slow slide, but multifamily remains healthy

    Large delivery numbers are slowing rent growth, but strong demand is keeping occupancy up
    Rents are increasing at the slowest rate in eight years, according to a report from RealPage. Though the run of annual growth has reached a record 32 quarters, the continued delivery of new units has taken its toll on rent growth, slowing it to 2.3%. But there are several silver linings in this cloud.
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  • Faith in multifamily still strong despite month-over-month drop in permits

    Confidence in long-term fundamentals remains strong
    According to U.S. Census and HUD data, multifamily permits dropped 8.7% from April to May, and though that may sound like a significant drop, experts say the multifamily train is still rolling and that the nation is on track to complete 350,000 plus units by year’s end. And that's a good thing.
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