REAL ESTATE TECHNOLOGY,REAL ESTATE INVESTMENT
SmartRent | January 03, 2023
SVN | SFR Capital Management (SVN | SFR), a privately held commercial real estate investment company that specializes in single-family build-for-rent (BFR) housing, recently announced a partnership with SmartRent, a provider of real estate technology solutions. SVN | SFR's rental communities are made to improve residents' quality of life, safety, and retention while lowering costs and making operations more efficient.
SVN | SFR Capital Management says that smart home technology has become an essential part of today's dedicated rental communities, and most renters are willing to pay more for houses with smart technology already built in. SmartRent's daily operational process solutions will help SVN | SFR and single-family rental renters by automating tenant technology and protecting assets.
As the BFR housing market alternative remains a popular commercial real estate (CRE) investment, SVN | SFR plans to buy and combine about 35,000 new construction BFR homes over the next 5–7 years, depending on the economy and tenant demand. The company will do this by raising an initial $12 billion in equity and debt capital, which it will use to build a large-scale institutional rental home portfolio and sell when it is stable.
SmartRent said today's operators and tenants want the modernization, optimization, and convenience that technology brings. The firm is thrilled to join SVN | SFR to usher in the age of smart solutions for their properties. With the help of SmartRent's hardware, software, and monitoring solutions, SVN | SFR's teams will be able to improve operational and financial efficiency as well as resident satisfaction across communities.
SmartRent's array of products and services encourages integrated modern living. Supported devices include locks that don't need keys, doorbells that ring, switches, dimmers, plugs, lightbulbs, thermostats, voice assistants, leak, motion, and door sensors. In addition, prospective residents/tenants can take self-guided tours and add ring devices for enhanced protection.
About SmartRent
SmartRent, Inc., founded in 2017, is a recognized enterprise property technology company built by and for real estate operators. All the company's products, including smart house-building hardware and SaaS solutions that run in the cloud, make it easy to see and control real estate assets. SightPlan, its subsidiary, specializes in workflow management solutions that automate the property lifecycle. The powerful, end-to-end enterprise platform from SmartRent and SightPlan boosts efficiencies and delivers cost savings and extra income streams, along with elevating user experiences.
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REAL ESTATE TECHNOLOGY,INVESTMENTS
MRI Software | December 29, 2022
Marlette Holdings, Inc., one of the leading financial technology companies that operate the Best Egg platform, recently announced a partnership with MRI Software, a global leader in real estate solutions.
The Best Egg Flexible Rent platform allows tenants to customize their monthly rental payments by dividing the total amount into several smaller, more manageable installments that can be paid at any time during the month.
Due to the integration of this technology within MRI's RentPayment service, residents can now choose Flexible Rent as a payment option without leaving the MRI portal. In addition, millions of renters are managed nationwide by the open and linked software created by MRI, which is used by thousands of multifamily property managers.
Best Egg is committed to giving its clients the resources they need to manage their daily finances while fostering financial confidence. Therefore, the company is happy to collaborate with MRI to give payment flexibility to the renters who use its software. The company's new Flexible Rent platform is a natural extension of that aim. Flexible Rent gives tenants more control over how and when they pay bills and guarantees timely and full rent payments to property managers.
As part of the Partner Connect program, MRI Software is pleased to welcome the Best Egg Flexible Rent platform since it believes the combined technology will provide tenants greater freedom to manage their rent responsibilities while lessening the administrative burden on property managers. Flexible Rent will be offered to multifamily property managers and tenants via MRI RentPayment beginning in the first quarter of 2023 and will be rolled out to additional properties over time.
About MRI Software
MRI Software transforms how communities live, work, and play. Its flexible, open, and connected platform empowers commercial and residential property owners, operators, and occupiers to innovate in changing markets. MRI has been a PropTech pioneer for over 50 years, serving over 2 million consumers. MRI's leading technologies and partner ecosystem help real estate companies grow and compete.
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REAL ESTATE INVESTMENT, MORTGAGE AND LENDING
Crexi and CCIM Institute | February 10, 2023
The industry's leading commercial real estate (CRE) marketplace, data, and technology platform, Crexi, recently announced a partnership with the CCIM Institute. This partnership will help the CCIM Institute to create a design-only benefit known as the CCIM Property Listing Service. For instant access to thousands of CCIM Designee listings around the country, CCIM Designees can now link their Crexi and CCIM accounts.
This partnership will allow CCIM Designees to subscribe to Crexi's PRO offerings at a discounted annual price. This includes higher rankings in property searches and AI-generated property blasts that reach more qualified buyers with complete contact information. Additionally, the members with a PRO subscription to the platform get complete access to intelligence, sales comps, and research. To this day, Crexi's database has 13 million+ sales in the United States and 153 million property records with ownership contact information.
Crexi is honored to partner with the CCIM Institute continued as the global standard for commercial real estate professionals for more than 55 years, including appraisers, lenders, brokers, developers, asset managers, investors, and other allied professionals. In addition, Crexi continued to be a chosen provider for the National Association of REALTORS (R) (NAR), with experience and gained expertise to provide quality and updated data to professionals who require quick and efficient access.
About Crexi
A robust marketplace and technology platform, Commercial Real Estate Exchange, Inc. (Crexi), is changing how commercial real estate professionals do business by making deals happen faster and giving more people access to properties and industry data. In 2015, the company started a journey to change the commercial real estate (CRE) industry, intending to create a central hub where stakeholders could market, analyze, and trade commercial property from a single source. As a result, it empowers two million+ brokers, buyers, and tenants monthly to explore property values of more than $2 trillion nationwide.
About CCIM Institute
A Certified Commercial Investment Member (CCIM) is a commercial and investment real estate expert. Its courses and global community deploy ways of commercial real estate investment and tools that boost the pathway between opportunity, a go/no-go decision and success for an asset, according to the instructions by industry leaders. Through its 55 chapters, the organization continues to revolutionize best practices and raise the commercial real estate professional through its core designation program to earn the CCIM Pin. Additionally, CCIM membership includes the industry's leading technology and operational platform.
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