RealPage, Inc. today announced its agreement to acquire substantially all of the assets of On-Site Manager, Inc. for approximately $250 million in cash. On-Site is a leasing platform for property managers and renters that assimilates leads from any source and converts them into signed leases for both the multifamily and single-family housing industries. On-Site platform offers solutions similar to RealPage’s screening and document management business,...
Value-add investment in Palatine marks Eastham’s final acquisition for its Fund VI, and the fifth alongside operating partner Artisan Capital Eastham Capital, a private equity real estate firm dedicated to providing superior, risk-adjusted returns to investors through the transformation of undervalued multifamily real estate, has announced the acquisition of Arrowhead Apartments, a 200-unit garden-style community in Palatine, a suburb of...
Odevo, a leading global force in residential property management, today announces the acquisition of Seacrest and PBM, two well-established property management companies in Florida. The acquisitions deepen Odevo’s presence in its largest US market and mark another important step in the company’s international growth journey. Founded in 1975, Seacrest is one of Florida’s largest residential and commercial property management companies,...
A St. John Properties, Inc. led partnership has acquired 111 townhomes situated at 1827 Hidden Dale Road in Woodlawn within Baltimore County. The community, named The Villas at Patapsco Glen, is the Baltimore-based company’s first venture in the for-rent townhome asset class. The acquisition was a joint venture between St. John Properties and Bethesda-based Somerset Companies, LLC, a group engaged...
Continental Realty Corporation (CRC), a Baltimore-based real estate investment and management company active in 15 states with more than $4.2 billion in Assets Under Management (AUM), has added to its South Carolina multifamily portfolio with the acquisition of Elevate at Brighton Park, a property with 329 apartment homes located at 115 Great Lawn Drive in Summerville. American Landmark was represented...
