Real Estate

Real Estate
Dimon Says Commercial Real Estate Owners Are Handling Stress
February 26, 2024

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...

Real Estate
FoxyAI: Real Estate Frustration Leads to Valuation Innovation
February 26, 2024

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...

Real Estate
Zillow Targets Growing Share of Market With ‘Housing Super App’
February 13, 2024

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...

Real Estate
Zillow Debuts Individual Room Listings as Housing Costs Climb
February 08, 2024

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...

Real Estate
Obligo and BNY Mellon Collaborate on Alternative to Security Deposits
January 17, 2024

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...

Real Estate
Paymentus Adds Payment Options to Yardi’s Property Management Software
January 16, 2024

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,...

Real Estate
RentRedi Enhances Tenant Screening Feature With Plaid Integration
January 11, 2024

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...

Real Estate
Rental Apps Help Tenants Build Credit as Instant Rent Refunds Gain Popularity
December 14, 2023

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...

Real Estate
Mall Owner PREIT Makes Second Bankruptcy Filing in 3 Years
December 12, 2023

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...