Rentbits.com Acquires ApartmentFrog.com
- Mar 16, 2010
Englewood, Colo.–Rental search engine rentbits.com has acquired ApartmentFrog.com, an apartment search site, for an undisclosed price.
The acquisition was made as a continuing part of rentbit.com’s strategy to expand its distribution offering to its advertisers, says Dan Daugherty, CEO of rentbit.com. “This will drive more leads for REITS, property managers and owners in the multifamily space,” he adds.
Rentbits.com was named one of the fastest growing real estate sites by Hitwise, and lists over 500,000 active rentals every day. According to Rentbits.com, its distribution network reaches 10.2 million unique visitors every month.
Further enhancements are in the works for rentbits.com, Daugherty says. The site will introduce more neighborhood specific information over the next few months, such as demographic data. The site will also debut average rental rate information for a specific area, sorted by zip code and city, valuable information for both renters and property manager, he says.