February 8, 2017
YouRent, a short-term vacation rental provider headquartered in Miami, FL, entered the Austin, TX market. Additionally, the company is partnering with Central Texas-based multifamily and commercial real estate property manager Roscoe Properties, which will add 35 units to its Austin portfolio. YouRent is projecting it will own – and rent out – 100 properties in the region by the end of this year.
The move is the first of YouRent’s expansion from the current Miami and Nashville, TN markets in which it operates. “We are laying the foundation for the continued expansion of our portfolio, concentrating on market niches such as Austin that can truly benefit from our specialized offerings,” said company COO Brian Ferdinand.
YouRent’s inventory consists of luxury units in Class A apartment properties. The company provides short-term, standardized vacation rentals located near major urban cores and main attractions.
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Tags: Apartments & Multifamily