Redfin Closes USD 608m Acquisition of Home Rental Network RentPath.
MANews-(C)2009-2021
US-based online real estate marketplace Redfin (NASDAQ: RDFN) has closed the acquisition of Atlanta-based home rental network RentPath for USD 608m in cash, to combine homebuying and apartment rental services, the company said.
Redfin uses a combination of local real estate agents and technology to make it easier, faster and less costly to buy or sell a home.
RentPath simplifies the apartment search experience for millions of consumers, connecting property-management companies with qualified prospective renters.
The RentPath network of websites reached 16m monthly visitors on average in 2020...
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