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GI Partners Announces Acquisition of Valet Living

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GI Partners, a leading private investment firm, announced that it has acquired Valet Living, the largest nationally recognized, full-service amenities provider to the multifamily housing industry. GI Partners acquired Valet Living from a fund managed by the Private Equity Group of Ares Management Corporation and Harvest Partners, LP. Valet Living pioneered the doorstep waste and recycling industry and has broadened its service offering to include turns, maintenance, pet solutions, fitness,

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Fintech Company Obligo Raises $15.5M in Series A to Roll Out New Standard for Deposit-Free Renting

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 Fintech company Obligo announced a $15.5 million Series A funding round from investors including 83North, 10D, Entrée Capital, Viola Credit, and other strategic real estate investors. The funding will enable Obligo to roll out its deposit-free technology to millions of homes across the U.S. Obligo enables tenants to rent an apartment without a security deposit. Instead of paying a deposit or buying deposit insurance, renters submit a payment method for

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American Homes 4 Rent Honors Veterans Day, Waives Application Fee for Military Families

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American Homes 4 Rent, a leading provider of high-quality single-family homes for rent, announced that in honor of Veterans Day the company is waiving application fees for military families through the end of 2020. “We thank our current and former service members on Veterans Day and every day for serving our country and protecting our freedoms,” said David Singelyn, American Homes 4 Rent’s Chief Executive Officer. “We are proud to have

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Applied Business Software Completes Private Equity Transaction with Lometa Capital Partners

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Applied Business Software, Inc. (“ABS”), the leading provider of loan servicing software to the private lending industry, announced the closing of a strategic growth investment from Lometa Capital Partners (“Lometa”).  Lometa’s investment, made alongside a significant investment from existing management and ownership, will allow ABS to accelerate the development of its web-based platform, expand its development team and extend its recent momentum in markets adjacent to ABS’ historical mortgage core.  “We

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Macon, Georgia

Despite COVID-19, the “Heart of Georgia” Market is Holding Strong. by Carole VanSickle Ellis Macon, Georgia, sits squarely in the geographic center of the state, a location that earned the city its nickname, “The Heart of Georgia.” And while the Georgia’s “heart” may have been historically overshadowed by its capital, Atlanta (“Hotlanta”), real estate in Macon has taken an unprecedented turn skyward in 2020 thanks in large part to a

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Want to Succeed with Real Estate Investments in Today’s Climate?

Control your access to capital. by Don Wenner Uncertainty haunts the real estate market today. According to Redfin data, the median home sale price jumped 13% from September 2019 to September 2020. However, investors remain concerned that the economic damage caused by the COVID-19 pandemic will eventually spill over into the housing industry. One does not have to look too far for warning signs. A simple Google search will lead

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