US multifamily property owner Hunt Companies agrees to use Property Connect leasing tech product

US multifamily property owner Hunt Companies agrees to use Property Connect leasing tech product
US multifamily property owner Hunt Companies agrees to use Property Connect leasing tech product

Rental property technology company Property Connect Holdings Limited (ASX:PCH) said it has signed a letter of intent (LOI) with Hunt Companies Inc., the largest owner of multifamily apartments in the US.

Under the LOI, Hunt Companies and its affiliates, which owns a portfolio of approximately 244,000 multifamily apartments, will complete leasing transactions for its premium apartments using Property Connect’s LiveOffer™ technology. The product allows potential tenants to make offers on a rental property and thus aims to provide a fair market value.

Texas-based Hunt Companies is privately owned and is a full-service developer, investor, financier and property manager of affordable and market rate multifamily properties across the US.

As an early adopter of LiveOffer™ v2, Hunt Companies has got a 25 percent discount for the first 12 months.

“As one of the dominant players in the multifamily sector it is a coup for us to sign Hunt Companies in the lead-up to our release of LiveOffer version two," Property Connect CEO Tim Manson said.

Tags: 
Rental market

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