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RentPath Inc. is a media company that owns Rent.com, ApartmentGuide.com, Lovely, and Rentals.com, which combined see 16 million visitors each month. [1] It was previously called K-III and PriMedia. [2] The company was acquired by Redfin in April 2021. [3]
During the first six months of a study of 95 residents in a Housing First program in downtown Seattle, even after considering the cost of administering the housing, the study reported an average cost-savings of 53 percent—nearly US$2,500 per month per person in health and social services, compared to the per month costs of a wait-list control ...
As of 2023, Greystar had over $76 billion in gross assets under management, [1] and operated in 17 countries. [3] Per NMHC report, Greystar was the largest apartment manager in the United States, with over 798,272 units as of 2024. [4] [1] It is also the country's largest apartment owner, with 108,566 units. [5]
Post Properties, Inc. was a publicly traded real estate investment trust headquartered in Atlanta, Georgia that invested in apartments. As of December 31, 2015, the company owned interests in 24,162 apartment units in 61 communities. [1] In 2016, the company was acquired by Mid-America Apartment Communities.
The units were rented for a similar price per square foot as apartments or office space, but cost 35 to 50 percent less to build and maintain. [6] [7] A property management subsidiary called Public Storage Management Inc. was formed in 1973. [7] [9] By 1974, 20 locations had been built. [7] [8]
For example, the monthly cost of a $250,000 home at 6% interest fixed over 30 years, with 1% property taxes, 0.75% maintenance costs, and a 30% federal income tax rate is approximately $1361 per month. The rental cost for an equivalent home may be less in many U.S. cities as of 2006.
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