CoStar Group announced today that it has reached a definitive agreement to acquire all outstanding shares of Matterport in a cash and stock transaction valued at $5.50 per share reflecting an estimated $1.6 billion of enterprise value. Under the terms and subject to the conditions of the agreement, Matterport stockholders will receive $2.75 in cashContinue reading “CoStar Group Acquiring Matterport Spatial Property Data Company in $1.6 Billion Deal”
Category Archives: Tools
Property Meld and Lula Launch ‘Vendor Nexus’ Program
Property Meld, the leading property management maintenance software in the property management industry, is proud to announce a partnership with Lula to launch Vendor Nexus. The program is designed to assist property managers in finding quality vendors while improving real-time technological connectivity. The new program, one of the first of its kind in the industry, isContinue reading “Property Meld and Lula Launch ‘Vendor Nexus’ Program”
Rent and Mortgage Rewards Company Bilt Valued at $3.1 Billion
Bilt Rewards (“Bilt”), the leading loyalty platform specializing in rent and neighborhood rewards, today announced a $200 million equity investment, led by General Catalyst, with significant contributions by Eldridge, alongside existing investors Left Lane Capital, Camber Creek and Prosus Ventures. This catapults the company’s valuation to $3.1 billion. Bilt welcomes Ken Chenault as Chairman of itsContinue reading “Rent and Mortgage Rewards Company Bilt Valued at $3.1 Billion”
Zillow Launches New Credit-Building Payment Reporting
Zillow is introducing a new feature that allows renters who pay their rent on Zillow to have their on-time payments reported to a major national credit bureau at no cost to them. This is a first for any online rental marketplace, offering a unique opportunity for renters to build credit through regular rent payments atContinue reading “Zillow Launches New Credit-Building Payment Reporting”
AirDNA Acquires Uplisting, Setting New Standards in Short-Term Rental Intelligence and Management
AirDNA, a leading short-term rental (STR) data provider, announced today the acquisition of vacation rental software and channel management system Uplisting. This acquisition marks a pivotal leap in AirDNA’s mission to provide a comprehensive, one-stop solution for those investing in and operating short-term rental properties. Demi Horvat, CEO of AirDNA, shares the vision behind the acquisition:Continue reading “AirDNA Acquires Uplisting, Setting New Standards in Short-Term Rental Intelligence and Management”
TurboTenant and Lula Launch Rental Property Maintenance Partnership
Leading property management platform TurboTenant announced its partnership with Lula, an award-winning rental property maintenance service, in select markets. “The top challenge landlords report is managing rental maintenance requests,” said TurboTenant Vice President of Marketing Harrison Stevens. “Partnering with Lula allows us to work with high-quality professionals nationwide to provide a simple solution for our 600k+ landlords. ByContinue reading “TurboTenant and Lula Launch Rental Property Maintenance Partnership”
10 Essential Tools for Landlords to Lease a Long Distance Rental Property
As more and more landlords are seeking investment properties in cheaper markets or simply trying to save some time with their current rentals, leasing long distance rental properties has been growing in popularity. As a remote-landlord, having the right types of real estate investor tools is critical for leasing vacant units without having to physicallyContinue reading “10 Essential Tools for Landlords to Lease a Long Distance Rental Property”
Property Management Software Market To Be Worth $2 Billion By 2027 – Fueled By New Tech and Tenant Adoption
What started as an optional tool for property management companies, is quickly becoming a necessity for all-sized stakeholders in the property management business and is on track to become a $2 Billion industry by 2027, according to a property management software industry research report by Transparency Market Research. Property management software is an application thatContinue reading “Property Management Software Market To Be Worth $2 Billion By 2027 – Fueled By New Tech and Tenant Adoption”