Blackstone and Apartment Income REIT Corporation (“AIR Communities”) announced that they have entered into a definitive agreement under which Blackstone Real Estate Partners X will acquire all outstanding common shares of AIR Communities for $39.12 per share in an all-cash transaction valued at approximately $10 billion, including the assumption of debt. The purchase price representsContinue reading “Blackstone Acquiring Multifamily Owner AIR Communities for $10 Billion”
Tag Archives: Multifamily
Realtor.com and Zillow Ink New Multifamily Rental Listings Syndication Agreement
Realtor.com® and Zillow today announced a new agreement for Zillow to be the exclusive provider of multifamily rental listings on Realtor.com®, generating additional exposure for listings to millions of renters. As part of the new agreement, multifamily rental listings with 25 or more units advertised on Zillow will also be displayed on Realtor.com®. Renters who visitContinue reading “Realtor.com and Zillow Ink New Multifamily Rental Listings Syndication Agreement”
Stake – Cash Back Rewards For Rent Payments and Banking
Financial technology startup Stake announced they just raised a $12 Million dollar Series A round of funding to continue developing their suite of renter-centric financial products. The startup launched in 2018 and is targeting the lucrative space of renter loyalty rewards. Who is Stake? Stake is a startup that was founded in 2018 and offersContinue reading “Stake – Cash Back Rewards For Rent Payments and Banking”
Hello RentalRealEstate.com
Welcome to RentalRealEstate.com – Where we make it easy for the world to learn about investing and managing rental real estate. Rental real estate is everywhere, from the neighborhood local shopping center to one of the world’s most expensive homes that is now an investment property. Although you can learn about just about anything onContinue reading “Hello RentalRealEstate.com”