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Like most software development, initial rental software systems were developed in the 1970s and 1980s as custom or bespoke solutions provided for individual rental companies and occurred in parallel in locations across the globe. In the last two decades a number of leading players have emerged providing solutions for everything from one or two ...
Property maintenance relates to the upkeep of a home, apartment, rental property or building and may be a commercial venture through a property maintenance company, an employee of the company which owns a home, apartment or a self-storage pastime for example day-to-day housekeeping or cleaning.
The co-founders, John Kobs and Chris Erickson, launched Apartment List in September 2011 at TechCrunch Disrupt. [3] [4] They created the company after having negative experiences as both renters and landlords. [5] In November 2013, the company's first round of funding raised $23 million, with the lead investor being Matrix Partners. [6]
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This model is also used in the residential space, but mostly for small units in high-demand locations. Here, the company signs a rental agreement with the owner and pays them a fixed rent. As per the agreement, the company is given the right to sublet the property for a higher rent. The company's income is the difference between the two rents.
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In February 1994, the company acquired The Cates Company from George E. Cates and became a public company via an initial public offering. [3] In March 2009, founder George E. Cates retired. [3] In October 2013, the company acquired Colonial Properties. [4] In December 2016, the company acquired Post Properties [5] and was added to the S&P 500 ...
In 1962 Glenwood delivered its first property in Manhattan, The Pavilion. Comprising over 800 apartments, the Pavilion was so large it was given its own zip code. The project also earned Leonard Litwin a key to New York City, awarded to him by then-Mayor John Lindsay. The building was renowned for its size and pioneering amenities such as a ...