Alfred Raises $125 Million, Acquires RKW Residential
Summary
We are constantly looking for ways to help owners optimize their investments while making our properties exceptional places to live and work," said RKW President Marcie Williams. With an unparalleled knowledge of what residents want and technology that boosts income and efficiency for owners and operators, Alfred provides a single stop that elevates the rental ecosystem for all involved. Through strategic partnerships with international real-estate owners and operators such as Hines, Related, RXR, Greystar, Invesco, Brookfield and J.P. Morgan, With RKW, Alfreds portfolio now extends to more than 300,000 residents in 44 cities across the U.S. and Canada and has planned expansions in Europe, Israel and Asia. With 30,000 single family rentals and multifamily units under management and consulting and a growing footprint spanning seven states, RKW is built on the foundation of its People First Philosophy, which prioritizes client relationships, employee satisfaction, and top-tier customer service for its residents. To learn more, visit www.rkwresidential.com * IT spend as share of revenue by industry in 2019, Statista Research Department * McKinsey Report; The High Rise in 2030 (2020) * Deloitte Insights 2020: Reinventing tech finance: The evolution from IT budgets to technology investments