9. Rentbits Acquires ApartmentFrog Search Engine
Contents:
1. LoopNet, Reaction Web Deal Offers Functionality and Design for the Online Brokerage Space
2. AppFolio Offers Free Online Rent Payments
3. G5 Unveils Tracking of Social Networking
4. Trulia Partnership Enables Expansion of ForRent ILS
5. Resite, ePremium Form Renter’s Insurance Partnership
6. Yardi Builds Data Bench Via PropertyShark Acquisition
7. Sperry Van Ness Brokers Go Mobile
8. Property Solutions Offers Mobile Marketing, Too
9. Rentbits Acquires ApartmentFrog Search Engine
10. RealPage Moves Closer to 100% Paperless Billing
11. LeasingDesk Expands Gap Insurance Coverage
12. WilliamPaid Eases Roommate Rent Payment Tensions
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.