Top 12 Multifamily Tech Stories: E-brokers, Acquistions, and More

LoopNet’s acquisition of Reaction Web heads off a list of the 12 most intriguing multifamily technology news bites of the past month.

16 MIN READ

Credit: LoopNet, Inc.

9. Rentbits Acquires ApartmentFrog Search Engine

Denver-based apartment rental search engine Rentbits.com announced March 11 its acquisition of rival apartment search site ApartmentFrog.com. “This acquisition is part of our long-term strategy to continue expanding our distribution offering for our advertisers,” says Tim Moynihan, Rentbits’ chief operations officer. “As part of the Rentbits network, ApartmentFrog.com offers our multifamily customers relevant distribution and qualified lead generation for their apartment communities.” With more than 500,000 active daily rental listings and 10.2 million unique visitors per month, Rentbits.com was recently named one of Hitwise’s fastest-growing real estate sites. The firm is currently working on an initiative to incorporate historical rental rate data from more than 7 million transactions into the Rentbits.com databases.

About the Author

Chris Wood

Chris Wood is a freelance writer and former editor of Multifamily Executive and sister publication ProSales.

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