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

Housing Wire

But technology — particularly leveraging generative AI — can help solve these challenges in new ways. The sprint culminated with a demo day on Thursday where 12 teams presented their solutions to a panel of technology, regulation and housing experts. Each team presenting a use case had to address risk and compliance concerns.

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

Housing Wire

Why now is the time for property managers to invest in smart home tech. Smart home technology can help keep renters happier and increase efficiencies and return on investment for managers and operators, but it’s crucial to take the right approach in deployment. “No

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Smart Home Tech and Its Impact on Rental Property Management

Realty Biz

In the world of rental property management, the emergence of smart home technologies stands as a significant milestone. These innovations are doing more than just changing how tenants live, they're completely transforming the way landlords and property managers approach their roles.

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Market Map: 240 Real Estate Technology Companies Transforming Today’s Housing Market

GeekEstate

I’m excited to release Thomvest’s real estate technology market map, which includes more than 240 companies operating within the residential real estate segment. This market map real estate technology companies operating across every phase of the home purchase value chain. Expanding access to home financing options.

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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.

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SFR and fix-and-flip investors expect a better market in 2024

Housing Wire

Attom points out that investment returns on these projects in 2023 were at levels that “could easily be wiped out by the carrying costs during the renovation and repair process, which usually consume 20 to 33 percent of the resale price.” “In In 2023, the landscape for home flipping across the U.S.

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