Items Tagged with 'rental housing'

ARTICLES

  • Rental insurance tech firm TheGuarantors raises $15 million to expand

    Plans expansion beyond residential rentals into commercial real estate
    TheGuarantors, an insurance technology firm that focuses on the residential rental real estate industry, announced Monday that it recently raised $15 million to help the company expand into commercial real estate. The company launched in New York in 2016 and focused first on a single offering, a lease guarantee where the company acts as a guarantor on leases. From there, the company expanded to offer a security deposit alternative as well as renters’ insurance.
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  • Here’s what renters are really looking for in their next apartment

    Search trends reveal the things renters really care about
    Surely one of the top questions for any landlord or property developer is what do renters really want in their next apartment? What matters to them? What do they care about? For the most part, answering that question is probably a guessing game. Well, maybe not anymore. Newly released data from RENTCafé and Yardi Matrix provides insight into what renters truly want, based on the one place they can’t really lie about – their search history.
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  • Real estate listings site Zumper raises $46 million to build instant rental feature

    Plans “Book Now” platform with funding from Axel Springer, Blackstone
    As mellohome CEO Chris Heller recently noted, there’s a race afoot to be the dominant player offering a true one-stop-shop for homebuying. There appears to be a similar sprint happening on the rental side of the business as well. Case in point, rental listings site Zumper is preparing to roll out its own end-to-end platform that will allow renters to instantly rent an apartment or a home through its site.
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  • Senate Democrats unveil sweeping rent reform proposal

    Dems introduce act that could bring tax relief to renters
    Increasing rent prices leave many American families struggling to afford housing, but Senate Democrats have introduced new legislation to help alleviate that stress. The Rent Relief Act will award a refundable tax credit to renters that pay more than 30% of their gross income on rent, including utilities.
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  • Is the rent finally too damn high? Rent households fall again, homeownership holds steady

    Median asking rent continues climbing
    Is a combination of high rents and shifting demographics driving a move from renting to buying? The latest data from the Census Bureau shows that may be exactly what’s happening. On Thursday, the Census released its quarterly report on residential vacancies and homeownership. And the report had some good news and bad news, depending on which industry you’re in.
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  • Freddie Mac to offer faster, cheaper financing on affordable rentals

    Now available in all markets
    Freddie Mac announced it is now offering faster and cheaper financing for affordable rentals in all U.S. markets. Freddie Mac announced its program, Targeted Affordable Housing Express, a new offering designed to provide faster, simpler and cheaper financing for the preservation of smaller, affordable rental properties.
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  • Meet Divvy: Startup aims to revolutionize rent-to-own

    Buyer selects property, Divvy buys home, rents it to resident while they build equity
    While rent-to-own is not a new concept in the housing market, a new real estate company is set to launch that aims to rebrand renting to own into a buyer-friendly proposition. Divvy Homes, which soft-launched two months ago, claims that its program offers consumers the flexibility of renting with the financial benefits of homeownership, all with the prospective homeowner in mind.
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  • Roofstock Series C funding boosted to $42 million by new investors

    Online marketplace for single-family rentals also passed $1 billion in transactions
    Back in October, Roofstock, an online marketplace for single-family rental home investing, announced that it raised $35 million from seven different investors in its Series C round of funding. But, more investors apparently wanted the chance to fund the platform.
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