Real estate software company RealPage is enhancing the resident experience by acquiring Livble, a provider of flexible payment solutions for multifamily properties. The integration of Livble into LOFT, RealPage’s comprehensive resident experience platform, and Buildium, its property management software, will allow residents to split their rent payments into up to four installments per month, aligning payments with their cash flow. Property managers benefit from guaranteed on-time rent, real-time reporting, and improved financial visibility through a unified platform, while RealPage handles all non-payment risks and collection processes.
Expanding LOFT with Livble is a key advancement, as over three million units currently utilize LOFT for leasing, moving, payments, and rewards. This new feature provides residents with added payment flexibility to support their financial wellness.
KEY QUOTES:
“This strategic acquisition underscores RealPage’s commitment to enhancing the resident experience. Offering more financial flexibility for renters while enabling our customers to operate more efficiently is exactly the type of innovation we strive to deliver at RealPage. Integrating Livble builds on the remarkable momentum we’ve achieved with LOFT in such a short period, and we’re equally excited to bring this powerful solution to our Buildium customers.”
Dana Jones, RealPage CEO and President
“RealPage and Livble have a shared vision to redefine the rent payment experience. By joining forces, we will accelerate the adoption of flexible payment options at scale for both property managers and residents. We’re incredibly proud of what we’ve built, and this acquisition is a powerful validation of our vision and innovation. Together, we’ll accelerate our mission to make financial wellness a reality for millions of renters. We are just getting started.”
Josh Ehrlich, Co-founder and CEO, Livble
