Items Tagged with 'short-term rental'

ARTICLES

  • Co-living startup Bungalow launches with $64 million in funding

    Pairs “early career professionals” with property owners in unique arrangement
    Bungalow, a real estate startup, recently launched to bring a new renting option to some of nation’s largest cities. Think of the company as a cross between co-living and a short-term rental platform like Airbnb, because instead of co-living in an apartment building, Bungalow renters co-live in a house. And instead of only staying for just a few days, Bungalow renters stay for an average of 12 months.
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  • WhyHotel adds Cathy Ross to board, expands in D.C.

    The young multifamily hospitality pop-up is in full growth mode, adding locations and leaders to its roster
    Symbiotic alternative lodging service WhyHotel added Exclusive Resorts CEO Cathy Ross to its board and is launching a new, 95-unit pilot site in the NoMa area of Washington, D.C. Recently, the young company received $3.94 million in seed funding which has allowed the company to set up new locations and build out its leadership team.
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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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  • Aimco on legal war path, taking on Airbnb in Florida

    Miami-Dade 11th Circuit Court dismissed Airbnb's motions to dismiss Aimco's case
    The Apartment Investment and Management Company scored a win against Airbnb as Florida courts threw out the short-term rental platform's request to dismiss the case. Aimco has been on the war path against Airbnb, taking the company to court on accusations of knowingly promoting illegal short-term rental activity in Aimco communities.
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  • Massive multifamily trade groups take on Airbnb

    NMHC and NAA go to bat for the right of owners and operators to restrict short-term rental activity
    The Nation Multifamily Housing Council and the National Apartment Association are going to bat for the multifamily industry in court. The two organizations filed a brief backing apartment developer Aimco's appeal to overturn a California court's decision immunizing Airbnb from responsibility for the actions of its users who rent out their multifamily units.
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  • Airbnb hosts can now use income in refinance mortgage apps

    Fannie Mae, Quicken Loans and other lenders join partnership
    Airbnb announced today it is partnering with some of the largest U.S. lenders to allow host income to be used in mortgage applications. The company partnered with Fannie Mae, Quicken Loans, Better Mortgage and Citizens Bank in its latest initiative to consider home-sharing as a tool for earning extra income when it comes to refinancing a home.
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  • Seattle passes sweeping short-term rental laws, limits Airbnb hosts to two units

    Hosts must also be licensed by city
    Homeowners and landlords in Seattle who want to rent out their property via short-term rental services like Airbnb are about to have a whole new set of laws they have to comply with. Most notable among the new laws passed this week by the Seattle City Council is a new regulation that limits short-term rental hosts to only two units.
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  • San Francisco’s largest landlord signs on with Airbnb

    Short-term rental site also inks deal with Pillow to aid with multi-family rentals
    Residents who rent an apartment from San Francisco’s biggest landlord may soon be able to rent out their apartment through Airbnb, thanks to an agreement between Airbnb, Veritas Investments, and Pillow, a San Francisco-based startup that helps apartment owners turn units into short-term rentals. Here are the details.
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