Significant investments along with new leadership signify new era of focus on burgeoning multifamily market
CoreLogic® announced the appointment of two senior industry executives to lead the CoreLogic Multifamily business unit: Richard Leurig, senior vice president and Scott Bradford, vice president, Sales and Marketing. The appointments are a key part of a significant investment by CoreLogic in the growing multifamily housing market.
Richard Leurig will oversee the Multifamily unit including business strategy and product lines including CoreLogic SafeRent®, Jenark, National Background Data, Renters Insurance and myrental.com. Leurig previously served as senior vice president, IT Innovation and Architecture for CoreLogic.
Scott Bradford re-joins CoreLogic having started his multifamily career with CoreLogic SafeRent as a top producing sales executive.
An estimated 36 percent of households in the United States currently reside in rental properties. Studies project demand for rental housing will dramatically increase in the next 15 years.
CoreLogic data also points to an increase in multifamily building permits, which are up 40.9 percent from last year.
“The burgeoning multifamily housing industry represents a crucial and exciting frontier for us at CoreLogic,” says Anand Nallathambi, president and CEO of CoreLogic. “During the past nine months, we have increased our pace of investments in our multifamily business and organization. We intend to deliver unique insights and intelligent solutions that will power this growing market segment for years to come.”
CoreLogic Multifamily Solutions are earning praise for accelerating the leasing lifecycle. Leasing Manager from CoreLogic is a cloud-based online leasing workflow system that is designed to keep applicants engaged in completing their lease online while delivering administrative efficiencies to leasing professionals. myrental.com helps smaller landlords mitigate risk by choosing tenants most likely to fulfill their lease obligations. In addition, the company is making exciting client-driven enhancements to its entire suite of solutions to enable multifamily businesses to thrive.
Source: Corelogic Press Release
