RealPage, Inc., a leading provider of software and data analytics to the real estate industry, today announced its agreement to acquire substantially all of the assets of LeaseLabs, an award-winning provider of digital marketing services and software to approximately 800,000 units in the multifamily housing industry. The acquisition of LeaseLabs is expected to extend the RealPage marketing platform by adding...
Greystone, one of the nation’s preeminent real estate lending, investment and advisory companies, announced that it has welcomed National Apartment Advisors of Texas to the Greystone network. The new joint venture, Greystone NAA, focuses on providing a full range of multifamily advisory services to clients in Austin, Dallas, Houston, and San Antonio, capitalizing on Greystone’s comprehensive financial platform and NAA’s...
Grace Hill, a provider of online training courseware, administration and mystery shopping for the multifamily property management industry, was recently acquired by funds managed by Stone Point Capital LLC. The sale was finalized on Feb. 28, 2018. The transaction follows a three‑year period in which Grace Hill indicated they increased revenue, profitability, and customers while under ownership by its founders and...
CoStar Group, Inc. has announced that it has received antitrust clearance from the Federal Trade Commission regarding its previously announced proposed acquisition of ForRent.com from Dominion Enterprises. "We are looking forward to closing the ForRent acquisition, welcoming the ForRent team and adding to our leadership position in the multifamily industry," said Andrew C. Florance, Founder and Chief Executive Officer of CoStar...
CoStar Group, Inc., the leading provider of commercial real estate information, analytics and online marketplaces, announced today that it plans to acquire ForRent, a division of Dominion Enterprises, pursuant to a definitive agreement for $350 million in cash and $35 million in CoStar Group stock. ForRent's primary service is digital advertising through a network of four multifamily websites — which...