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Evernest acquires Poplar Homes and $15M in tech-focused funding

Housing Wire

Property management company Evernest announced on Wednesday its largest acquisition to date. The company will acquire tech-enabled property management platform Poplar Homes alongside $15 million in growth-centered funding. The company’s management portfolio will reportedly rise to 230,000 units across 50 markets.

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How to vet private money lenders for real estate investing

Housing Wire

In today’s competitive real estate market, an increasing number of real estate investors are turning to private money lenders to help them close deals faster, enhance property valuations, and increase their returns. The problem with private money lenders is that good ones are hard to come by.

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D.C. real estate firms fined $10M for discrimination

Housing Wire

-based real estate firms — DARO Management Services, DARO Realty and Infinity Real Estate — and company executive Carissa Barry, have been handed a hefty $10 million civil penalty as part of a settlement for illegally discriminating against low-income renters using Section 8 vouchers for housing. Call me please!”.

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A recap of gen AI use cases at FHFA’s 2024 TechSprint

Housing Wire

Multifamily renting An Uber-like experience to match today’s 30 million renters with property managers, Domino would provide tenants with a personalized readiness rating. The renter is presented with results they are prequalified for that fit their criteria and the app connects them with landlords/property managers.

Loans 359
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Opinion: SFR companies not to blame for lack of inventory

Housing Wire

Contrary to their portrayal as indiscriminate buyers of properties far and wide, providers of single-family rental homes are working diligently to respond to the demand for quality, affordably priced rental housing in safe, well-located neighborhoods. Rather, large companies own less than 1.5% of the nation’s total housing inventory.

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Rental Property Management Tips: Renewal Incentives Tenants Actually Want

McKissock

Quality tenants—those who pay on time, take care of the property, and follow the rules of their lease—are a rental property manager ‘s dream. The cost of advertising, showing the property, screening potential tenants and more eats into landlords’ profits, especially as the property sits vacant. “I

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Meet the Real Estate Tech Founder: Seemant Nakra from Next Brick Property Management

GeekEstate

In our latest real estate tech entrepreneur interview, we’re speaking with Seemant Nakra from Next Brick Property Management. In 2014, I began to renovate distressed homes in Dallas, Austin, and San Antonio, TX, with an approach to add significant value with a functional design. I completed 14 renovations over two years.