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In December 2004, eBay purchased Rent.com for $415 million. [3] On May 8, 2012, RentPath, then known as Primedia, acquired Rent.com from eBay for approximately $415 million. [4] [5] [6] In June 2015, as part of an overall re-branding of Rent.com, the site launched its first national advertising campaign featuring comedian and actor J. B. Smoove ...
In January 2006, Redfin named Glenn Kelman as CEO. [5] The company's website began to show available homes on an interactive map in 2007. [6] In 2012, Redfin began an automatic agent rating system. After it drew criticism for using inaccurate data, the system was discontinued. [7] In June 2017, the company began Redfin Now, a home flipping ...
On April 5, 2021, RentPath was acquired by Redfin for $608 million. [60] RentPath rental home listings were to be integrated into Redfin.com by 2022. RentPath's headquarters remain in Atlanta and Fonseca remains in his role as CEO while the new owners seek a new permanent head.
A triple net lease (triple-Net or NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three "nets") on the property in addition to any normal fees that are expected under the agreement (rent, utilities, etc.).
If the lessor gives the lessee a cash allowance for improvements, this is treated as a reduction of rent and amortized over the lease term. Lease Bonus: Prepayment for future expenses. Classified as an asset; amortized using the straight-line method over the life of the lease. Rent Kicker, or Percentage Rent: Common in retail store leases.
The inspiration for his business came from his mother, who suffered hardships working as a real estate agent. [ 9 ] [ 15 ] Reffkin was inspired to use technology to improve the ability of agents to build their brand, analyze data, and conduct market research to make their business more efficient and profitable. [ 16 ]
Percentage rent, or a percentage lease, is a type of lease seen in commercial real estate. It is a rental charge based on the gross income of the tenant rather than a fixed monthly or annual value. In most examples, the percent rent only applies after a certain amount of base rent has been paid.
California's 49th congressional district is a congressional district in the U.S. state of California.The district is represented by Mike Levin.. The district currently covers the northern coastal areas of San Diego County, including Oceanside, Vista, Carlsbad, Encinitas, Solana Beach and parts of Del Mar as well as a portion of southern Orange County, including San Clemente, Dana Point, San ...
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