REAL ESTATE TECHNOLOGY, AGENT
PRnewswire | March 20, 2023
RentSpree, the industry's premier end-to-end rental management software provider, announced its latest partnership with SkySlope, a full-service transaction management solution recently named one of the top 20 proptech companies of 2022.
Integrating RentSpree's online standard rental application and screening platform with SkySlope's transaction management capabilities will help agents save time and streamline the rental process even further.
"We are always looking for strategic collaboration opportunities with other industry leaders to help provide best-in-class technology solutions for real estate professionals," said Michael Lucarelli, CEO and Co-Founder of RentSpree. "SkySlope is a key player in their space, and combining forces enables us to support rental agents in the most effective way possible."
SkySlope, which provides time-saving solutions for real estate transactions from contract to close, was founded in 2011 and now serves more than 650,000 real estate professionals throughout the U.S. and Canada.
"At SkySlope, we are always mindful of how we can serve the changing needs of real estate professionals," said SkySlope CEO Tyler Smith. "Therefore, combining forces with RentSpree is another sensible step in achieving that mission."
RentSpree offers an all-in-one suite of tools, including background and credit checks, rent estimates, renters' insurance and rent payments. Its Agent Tools feature supports holistic rental management for agents, from advertising and nurturing leads to seamlessly diversifying their client portfolio, as well as supporting their rental clients' transition to homeownership in due time.
"We are very deliberate in the partnerships we seek across different segments of the real estate sector," said Caroline Mulvey, Senior Client Success Manager at RentSpree. "Collaborations with top-notch proptech firms such as SkySlope are key as technology will continue to play an increasingly important part in making the daily lives of agents and brokers easier and more efficient."
About RentSpree
Los Angeles-based RentSpree is a provider of award-winning rental software that helps seamlessly connect real estate agents, owners, and renters to simplify and automate the entire rental process, from listing to lease. The all-in-one platform is known across all 50 states for its easy and secure interface and suite of rental tools, including tenant screening, rent payments, marketing and renter management. To date, RentSpree has partnered with more than 250 of the most influential MLSs, real estate associations and brokerages to serve over one million users in the U.S. RentSpree is ranked 625th on Inc. 5000's fastest-growing private companies in 2022. Visit http://www.rentspree.com for more information.
About SkySlope
Established in 2011, SkySlope is the customer experience platform managing real estate transactions from contract to close. Serving over 650,000 real estate professionals across the U.S. and Canada, SkySlope manages nearly 3 million transactions annually. SkySlope is on a mission to build solutions that reshape the real estate industry by creating the most powerful autonomous transaction platform. For more information, visit www.SkySlope.com
Read More
REAL ESTATE TECHNOLOGY,MORTGAGE AND LENDING
3650 REIT | January 04, 2023
3650 REIT, a national commercial real estate lender with a $13.1 billion loan portfolio for relationship borrowers, has announced the launch of its new Transitional Lending platform. The main goal of the new platform is to make transitional loans for borrowers who want to do recapitalization or certain other transactions.
With the platform launch, 3650 will now be able to provide borrowers with a complete range of financing options across the property life cycle in a market where banks and other alternative lenders are pulling back.
The Transitional Lending platform is a new addition to 3650's existing Bridge and Event Driven (BED) and Stable Cash Flow platforms. It offers flexible loan structures for cash-flowing or newly built projects with a clear path to stabilization. About $500 million in transitional loans are expected to be made through the new platform in 2023.
3650 REIT said that in today's uncertain capital markets, the company must give borrowers various loan options to cover the wide range of deals being made. This new platform is an important and exciting step forward to help the growth process.
In this real estate cycle, transitional lending fills borrowers' financing gaps. Those who take these loans will also get customized short-term financing options and business plans for each property. 3650, which has the infrastructure and staff to fund these projects, will book its first loan on the new platform in 2023.
In terms of loans originating via its BED and Stable Cash Flow platforms, 3650 had $1.66 billion by the end of 2022.
About 3650 REIT
3650 REIT is a commercial lender that makes portfolio loans and takes care of them for relationship borrowers all over the country. Because of its unique way of investing, national scale, vertically integrated platform, and status as a rated special servicer, it can offer customized financing options, high-touch service, and reliable results that are centered on the customer. Meanwhile, 3650 REIT manages its portfolio efficiently by retaining investment risk.
Read More
REAL ESTATE INVESTMENT, BUYING/SELLING
Vanir | February 06, 2023
One of the national leaders in real estate development and program, project, and construction management, Vanir, has recently been awarded a contract by Arizona Housing Inc. (AHI). The AHI is a nonprofit organization based in Phoenix that provides affordable, permanent, supportive housing for the homeless.
Vanir will offer project and construction management services for AHI's Collins Court project Phase II, including cost controls, construction oversight, inspection services, document controls, quality control, claims avoidance and commissioning, under the awarded contract. By March this year, the design-bid-build delivery method will be used to construct the 10,591-square-foot, 34-unit affordable housing complex.
AHI's Housing First Model provides housing with wraparound case management services to individuals and families. The company was founded in 1995 and currently owns and operates five multi-family properties, which comprise 616 units in total. The property features are designed to empower residents with amenities to promote self-sufficiency and create a healthy living environment. The housing communities have fully furnished studio apartments with garden patios, business centers, mini-marts, libraries, community rooms, and on-site laundry services.
Codi Newsom P.E., LEED AP, and Vanir Mountain Region Area's Manager said, "Vanir's Arizona team is proud to partner with AHI and Architectural Resource Team, Inc. (ART), the architect of record, to build safe, equitable and affordable apartment homes for Phoenix's most vulnerable population." She added, "Our goal is to ensure that the contractor and all sub-contractors perform optimally to fulfill AHI and ART's design intent and deliver this critical project on time and within budget."
(Source: Cision PR Newswire)
About Vanir
Based in Sacramento, California, Vanir is a national leader in program, project, and construction management (PMCM) and real estate development. Top-ranked PMCM company by Engineering News-Record (ENR) for more than thirty years, the company's award-winning team provides complete services to both public and private sectors clients in the education (K-12 and higher), healthcare, transportation, justice and essential services, local and state government, technology, and water/wastewater markets. Established in 1964, the company has delivered value to customers nationwide with $25.8 billion in construction. The company's incredibly high rate of repeat business, which is 85%, shows that its team provides high-quality, innovative solutions that help programs and projects run smoothly.
Read More