Entrata, a Lehi, UT-based working system for multifamily communities, obtained a $200m minority funding from funds managed by Blackstone at a $4.3 billion valuation.
This funding will permit the corporate to deliver know-how to an expanded footprint of homeowners, operators and residents.
Led by Adam Edmunds, CEO, Entrata is an working system for multifamily communities worldwide providing options for each step of the leasing lifecycle and empowers homeowners, property managers, and residents to create stronger communities. Its suite of options presents a centralized platform for managing varied features of a property, together with accounting, buying, amenities, and leasing, amongst others. These choices can effectively deal with duties similar to monitoring work orders, managing funds, and processing on-line funds. Moreover, Entrata’s resident portal fosters higher communication and self-service choices for residents, serving to assist elevated satisfaction and loyalty. Entrata’s current improvements embrace ELI+, a totally built-in platform that modernizes leasing, funds and renewals, and Homebody, a first-of-its-kind answer to domesticate resident engagement, retention and, with the addition of Homebody Rewards, loyalty.
The corporate at the moment serves over twelve million residents throughout over 35 thousand multifamily communities across the globe.
FinSMEs
15/05/2025
