Rental-focused software firm Stessa is launching Stessa Cash Management, a new banking product to aid with automating rent collection, according to a company blog post Wednesday (June 1). Stessa Cash Management will add ways for investors to automate the manual parts of rent collection, like...
Financial services company Jetty with the goal to improve affordability in renting a home, received new funding from PayPal Ventures and Experian Ventures, a press release said Wednesday (May 25). The company has numerous offerings to help with security deposits, flexible rent payments and renter...
The number of rentals on Airbnb and similar companies in New York City has now surpassed the number of available apartments, Bloomberg reported Wednesday (May 18). This has further constrained renters looking to live in the city. The total number of active short-term rentals, from...
As real estate prices get more expensive, some Americans have been renting out portions of their homes to help with mortgage payments, according to a Bloomberg report. Average U.S. mortgage rates are now above 5% and home prices are at record highs, leading many would-be...
Investors are showing revived interest in purchasing hotels, a property category battered especially brutally during the pandemic, the Wall Street Journal reported. Citing data from CoStar Group, the Journal reported that more than $12.5 billion worth of hotels changed hands during the first three months...
Some homeowner associations are wielding their power beyond lawn maintenance and paint color to prevent investors from buying up homes for the sole purpose of renting them out, The Wall Street Journal reported Monday (April 18). Rentals not only lead to a decline in the...
Canopy, the real estate eco-system whose mission is to make life easier for renters, landlords and agents, has signed a deal with Fronted, the London-based companies announced Thursday (April 14). The partnership, launched to make life easier for renters, will allow tenants to transfer their...
Homeppl, a London startup that works to create inclusion in property rentals, has rolled out a business-to-business (B2B) version of its tenant guarantor product, according to a Property Wire report Wednesday (April 6). The product, called Homeppl Guarantid, was created in response to a rise...
A perfect storm of factors finds more U.S. consumers facing soaring rental prices on fewer homes in 2022, bringing more FinTechs and big names in finance to confront the crisis for renters with new housing search capabilities, innovative payment solutions and more. Giving context to...
