Kigo and YapStone announce the launch of Kigo Marketplace
Jun03

Kigo and YapStone announce the launch of Kigo Marketplace

Kigo and YapStone announce the launch of Kigo Marketplace, the industry’s first global platform for verified short-term rental businesses, armed with a deeply customized payment solution. Kigo Marketplace is a global platform that enables property managers to optimize their management of short-term rental inventory and capture a larger percentage of booking fee revenue from guests. It replaces numerous, disparate point-products...

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Biggest pain points for property managers in today’s rental marketplace
Jun03

Biggest pain points for property managers in today’s rental marketplace

Today’s property management processes are often burdened with many common issues and inefficiencies, and nearly 95 percent of landlords and property managers are experiencing pain points in their standard practices, according to a recent survey by Equifax. The survey represents feedback from nearly 200 landlords and property managers of varying sizes. Respondents were asked about the pain points they experience in areas such as...

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Security Properties acquires Pavilions on Central in Phoenix, AZ
Jun03

Security Properties acquires Pavilions on Central in Phoenix, AZ

On May 15, 2018, Security Properties and funds managed by Oaktree Capital Management, L.P. purchased Pavilions on Central, a 254-unit multifamily property located in Phoenix, AZ for $59,000,000. SP now owns nine assets totaling over 3,700 units in the Phoenix marketplace. The property is located within the Midtown neighborhood of Phoenix. Similar to the valley’s other core urban markets like Downtown Phoenix, Downtown Tempe or...

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