JP Morgan Chase CEO Jamie Dimon said Monday (Feb. 26) that most owners of commercial real estate will be able to “muddle through” the current economic environment. Those owners will be able to refinance and put more equity in, if there is not a recession, Dimon told CNBC...
In the real estate business, how a property looks has a big impact on how potential buyers make a decision. With so much at stake, real estate professionals have turned to AI in the buying, selling, planning and visualization of real estate. “I wouldn’t disagree...
Zillow is expanding its “housing super app” to more markets after seeing how well it has been received. The company is also continuing to add functionality to the app for both the real estate sales and rentals markets, Zillow said in a presentation released Tuesday (Feb. 13) in...
Zillow has begun targeting customers who want to rent — or rent out — a room. The real estate website announced Thursday (Feb. 8) that its platform now gives users the option to search for or list individual rooms for rent. “This new listing type is particularly...
FinTech company Obligo is collaborating with global investments company BNY Mellon to enhance the rental experience for property managers and renters. The collaboration is part of BNY Mellon’s Ascent Program, which aims to identify and collaborate with exceptional technology companies offering innovative solutions for the financial industry, the companies...
Property managers can now access Paymentus’ electronic billing and payment solution through the Yardi Voyager platform. This ability follows Yardi’s designation of Paymentus as a fully qualified Yardi Standard Interface Vendor, Paymentus said in a Tuesday (Jan. 16) press release. Yardi provides software solutions for all types of real estate companies,...
Property management software provider RentRedi has expanded its integration with financial data network Plaid. Having already integrated with Plaid for years to simplify rent collection, RentRedi has expanded the integration to enhance its tenant screening feature, the company said in a Thursday (Jan. 11) press...
The convenience of digital payments has extended to the rental market, with tenants increasingly opting for instant rent refunds through digital channels. According to a recent PYMNTS Intelligence study, digital options for paying rent have become commonplace, and now tenants are seeking the same convenience for...
Pennsylvania Real Estate Investment Trust (PREIT), a prominent mall owner in the eastern United States, filed for bankruptcy for the second time in three years, highlighting the challenges faced by mall owners in the current retail landscape. The company is seeking to shed $880 million...