RealPage sells to private equity firm for $9.6B

first_imgShare via Shortlink RealPage’s Steve Winn and Thoma Bravo’s Orlando Bravo (Photos via Wikipedia Commons; RealPage)Property management software company RealPage is set to be acquired by a private equity firm for $9.6 billion in one of the largest proptech M&A deals of the decade.Thoma Bravo will pay $88.75 per share for the Texas-based proptech firm in one of the largest recent leveraged buyouts, the Wall Street Journal reported. That’s 31 percent above RealPage’s stock price, which closed at $67.83 per share on Friday.RealPage’s platform allows landlords to collect rent and receive maintenance requests from their tenants. It also collects information on leases to compile market reports and other forecasts.Read moreHarvey Hernandez’s firm alleges RealPage stole trade secrets, poached employeesReal estate tech company RealPage hit by $10.5M hackHomeLister property-selling platform raises $4.5M in seed funding RealPage Chief Executive Steve Winn told the publication that the pandemic helped the firm to expand its reach as more owners sought to go virtual with their operations.In January, RealPage made headlines as hackers stole $10.5 million from the company’s account. The company claimed it had recovered $4.5 million of the money.The company had been on its own acquisition spree recently, picking up electronic payment platform company ClickPay, property management solution provider Buildium and multifamily real estate engagement solution Modern Message.It’s a particularly hot time for proptech mergers and acquisitions: Commercial real estate giant CoStar has purchased several smaller tech firms in the past year, including Homesnap and Ten-X; and several large firms, including CBRE and Tishman Speyer, have launched blank-check companies with an eye toward acquisitions. [WSJ] — Akiko Matsuda Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink TagsMultifamily MarketRental MarketTechnologylast_img read more

Chick feeding in the wandering albatross Diomedea exulans Linnæus

first_imgIt has long been known that the young of the wandering albatross (Diomedea exulans) do not fly until eight or nine months after hatching, and the problem of how this long fledgeling period fits into the breeding cycle of the adults has caused some speculation among naturalists acquainted with the species1–6 Excellent descriptions are available of the birds at sea and on the breeding grounds, but it is only recently that detailed study within a large population has been undertaken7.last_img

US Navy contracts HII for “Ike” maintenance

first_img The U.S. Navy’s Norfolk Naval Shipyard has awarded Huntington Ingalls and Newport News Shipbuilding division a $36.4 million contract for work on the USS Dwight D. Eisenhower maintenance.Under the contract, Newport News will carry out maintenance and modernization of the Ike as part of the ship’s 2017 planned incremental availability.Work under the contract is expected to be completed by March 2018.The U.S. Navy earlier awarded HII a $12 million contract to plan the carrier’s overhaul.USS Dwight D. Eisenhower (CVN 69) is the second Nimitz-class aircraft carrier and the first ship named after the 34th president of the United States. The ship was launched in October 1975 by Newport News and is homeported at Naval Station Norfolk. US Navy contracts HII for USS Dwight D. Eisenhower maintenance View post tag: PIA Back to overview,Home naval-today US Navy contracts HII for USS Dwight D. Eisenhower maintenance Authorities View post tag: US Navycenter_img View post tag: HII View post tag: USS Dwight D Eisenhower August 7, 2017 Share this articlelast_img read more

Florida man attacks mattress after smoking meth

first_imgA 37-year-old Florida man has been arrested after he allegedly ingested meth and then attacked a mattress in a jealous rage.The incident occurred early last Friday at a home in Fort Walton Beach.The girlfriend of Felipe Oquendo told authorities that Oquendo began hallucinating and accused her of cheating on him with a man he thought was hiding inside of the mattress. That’s when Oquendo began hitting the mattress with his bare hands before stabbing it and tearing it apart using a bedpost. At one point Oquendo also locked the door to the bedroom, however, his girlfriend was able to escape and call the police.While in custody Oquendo later admitted that he smoked meth which caused him to act erratically.Oquendo is charged with domestic violence related false imprisonment and possession of drug paraphernalia.It is unclear if he has a lawyer.last_img read more

Wednesday July 8th Local Sports

first_imgDENVER — Newman scored three in the first and then plated nine in the fifth for a 12-1 win at Denver last night in non-conference baseball. Max Burt was 3-for-4 with two runs batted in while Josh Fitzsimmons and Nash Holmgaard also knocked in a pair of runs. Jacob Nelson picked up the win, allowing only three hits and striking out one. Newman is now 12-3 on the season and will host Dike-New Hartford tonight. TONIGHT:AM-1490/96.7-FM KRIB, — Clear Lake softball vs. Newman — 7:30 DES MOINES — Drake basketball coach Darian DeVries admits he was surprised center Liam Robbins left the program. The seven footer from Davenport transferred to Minnesota after a sophomore season in which he averaged over 14 points, seven rebounds and nearly three blocked shots as the Bulldogs posted their second straight 20 win season.KGLO News · 7 – 8-ddmvcjuly – 1DeVries says Robbins situation was a little unique because has an uncle on the Minnesota coaching staff.KGLO News · 7 – 8-ddmvcjuly – 2He says players looking for better opportunities is the new reality.KGLO News · 7 – 8-ddmvcjuly – 3DeVries says they are looking at several options in the post.KGLO News · 7 – 8-ddmvcjuly – 4 MINNEAPOLIS (AP) — The Minnesota Twins signed Rich Hill with the expectation he would be available around midseason. The 40-year-old is coming off elbow surgery. With the start of the season pushed back four months by the virus outbreak, Hill is on track to be ready for the rotation right away. The Twins are scheduled to open on the road against the Chicago White Sox on July 24. Hill signed a one-year contract with the Twins this winter. He spent the last four seasons with the Los Angeles Dodgers and had a procedure to repair his ulnar collateral ligament in late October. CHARLES CITY — The Waverly-Shell Rock school district says it is continuing to investigate comments made to an African-American baseball player from Charles City during a game in Waverly on June 27th. The district’s statement says, ” Any reports that indicate that the individual or individuals who made the comments are known are rumors.” The district says it is still investigating.The 17-year-old player, Jeremiah Chapman, was interviewed by C-N-N about the comments, which he says included “You’re only here because of George Floyd.” “I started getting very emotional — but I didn’t show it. I was about to tear up and stuff. Because I took it like they wanted me dead because he passed, and that really hurt me,” Chapman said.Chapman’s mother, Keisha Cunnings, said even before the incident Chapman disliked being African American. “Jerimiah is my one child that struggled with his color as far as being black, he doesn’t want to be black. I wasn’t happy, but I was relieved that it did happen to him because I wanted him to acknowledge and not be so naive that things like this couldn’t happen to him,” Cunnings said.Chapman has received nationwide support since the reporting of the incident.The Northeast Iowa Conference, the conference where Charles City and Waverly-Shell Rock play, came out with their own statement: “We will not tolerate acts of racism, bigotry, or hate from participants, employees, or spectators at our events.”center_img CEDAR FALLS — Northern Iowa coach Ben Jacobson says standout guard A.J. Green will make a decision on his future by the end of the month. Green placed his name in the NBA Draft after being named the Missouri Valley Player of the Year after leading the Panthers to the Valley regular season title. He left open the possibility of returning for his junior season.KGLO News · 7 – 8-bjmvcjuly – 1Jacobson says he is planning on having Green on the roster next season.KGLO News · 7 – 8-bjmvcjuly – 2Jacobson says Green had several Zoom meetings with NBA teams but the pandemic prevented him from getting evaluated in person.KGLO News · 7 – 8-bjmvcjuly – 3 — other baseball from TuesdayRockford 5, Aplington-Parkersburg 3Northwood-Kensett 7, North Union 6West Fork 9, Forest City 7Algona 11, Bishop Garrigan 0 — softball from TuesdayAplington-Parkersburg 10, Rockford 0Central Springs 12, Garner-Hayfield-Ventura 0Osage 11, Riceville 1West Fork 14, Forest City 9Algona 9, Bishop Garrigan 2last_img read more