RealPage, a global provider of AI-enabled software platforms for the real estate industry, has acquired Livble, a company specializing in flexible payment solutions for the multifamily sector, aiming to enhance the resident experience and provide more adaptable rent payment options.
The integration of Livble into RealPage’s LOFT, its fully integrated multifamily resident experience platform, and into Buildium, RealPage’s property management software for mixed portfolio and HOA managers, will allow qualified residents to split their rent payments into up to four installments per month. This system is designed to align with residents’ cash flow, offering a flexible, transparent, and convenient payment method. For property managers, the solution provides guaranteed on-time rent, real-time ledger reporting, and enhanced financial visibility through a single platform, reducing the need for multiple third-party vendors. RealPage assumes 100 percent of the non-payment risk and manages all collections, which is intended to reduce administrative burdens for property teams.
More than three million units currently access LOFT, a platform that consolidates leasing, moving, payments, and rewards. “This strategic acquisition underscores RealPage’s commitment to enhancing the resident experience,” stated Dana Jones, RealPage CEO and President. “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.”
Josh Ehrlich, Co-founder and CEO of Livble, commented, “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.” Livble’s core offering focuses on enabling renters to divide their payments into smaller, more manageable installments to align with income cycles, avoid fees, and facilitate credit building.
RealPage, founded in 1998 and headquartered in Richardson, Texas, provides AI-enabled software platforms to the real estate industry globally. The company offers solutions like Lumina AI Workforce and serves over 24 million rental units. Livble is headquartered in New York, with additional offices in Tel Aviv, Israel.
