Property managers and renters to benefit from the latest acquisition of AI-Software Platform REALPAGEas it announced a new one livelihood Integration allows residents to allocate rents in a flexible, transparent and convenient way.

Livble is a flexible payment solution for the multifamily industry that will be integrated into REALPAGEThe loft platform for the multifamily residential experience and its all-in-one property management software for a hybrid portfolio and HOA manager, Buildium.

“This strategic acquisition underlines Realpage’s commitment to enhancing the residents’ experience.” Dana JonesCEO and President of RealPage. “Providing renters with more financial flexibility while enabling our customers to operate more effectively is the type of innovation we strive to offer at RealPage.

“Integrated livelihoods are built on the extraordinary momentum we have achieved with the loft in such a short time, and we are equally excited to bring this powerful solution to our Buildium customers.”

The livelihood acquisition marks the next step in Loft’s evolution as it will provide residents with greater payment flexibility, thus supporting them in building financial health. More than 3 million units have used Loft, and the new addition will only increase the app’s absorption, which will lead to rentals, moving, payments and rewards, eliminating the need for multiple third-party vendors.

“RealPage and Rivble share a shared vision to redefine rental payment experience. By joining together, we will accelerate the adoption of flexible payment methods for property managers and residents at scale,” he said. Josh Ehrlichco-founder and CEO, livelihood. “We are very proud of our construction and this acquisition is a powerful test of our vision and innovation. Together, we will accelerate our mission to make financial health a reality for millions of renters. We are just beginning.”

Payment on Resident Terms

Using livelihood solutions, qualified residents can Pay rent According to their terms, pay is divided into up to four installments to better align with their cash flow. In return, property managers benefit from guaranteed on-time rentals, real-time ledger reports and enhanced financial visibility. RealPage takes 100% non-payment risk and manages all collections, alleviates administrative burdens and enables the real estate team to focus on high-value activities that enhance the residents’ experience.