Latch Launches Door Property Management and Announces the Acquisition of The Broadway Company’s Property Management Division
Summary
The acquisition enables DPM to collect insights from direct management on a small portfolio of units in the Boston area. This strategic acquisition represents an opportunity for Latch to operate the entire property stack from physical management to advanced technology solutions. “Managing a small portfolio of properties enables us to shorten the product invention timeline and ultimately accelerate our ability to offer more services and technologies that increase NOI,” said Jamie Siminoff, Chief Doorman. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “would,” “will continue,” “will likely result,” and similar expressions. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements.