RealPage acquires Livble, expands the rental payment options

In turn, real estate managers receive full payment on time, while Realpage accepts all non-payment risks and manages collections.

“This strategic acquisition underlines Realpage’s dedication to improve the Resident experience,” said Dana Jones, CEO and President of Realpage. “Offering more financial flexibility for tenants, while our customers can operate more efficiently, is exactly the type of innovation that we strive to deliver on realpage.

“The integration of Livble builds up on the remarkable momentum that we have reached with Loft in such a short period, and we are equally enthusiastic to bring this powerful solution for our Buildium customers.”

RealPage said that integration will streamline payment processing and eliminate the need for extra external suppliers. According to the company, real estate managers will also have access to real -time ledger reporting and improved financial transparency.

The Livble platform becomes part of the Realpage loft system, which currently serves more than 3 million rental units. The LOFT app consolidates services such as leasing, payments, trade-in logistics and rewards.

“Realpage and Livble have a shared vision to redefine the rental payment experience. By joining forces, we will speed up the approval of flexible payment options for both real estate managers and residents,” said Josh Ehrlich, co-founder and CEO of Livble.

“We are incredibly proud of what we have built, and this acquisition is a powerful validation of our vision and innovation. Together we will speed up our mission to make financial well -being a reality for millions of tenants. We have just started.”