Last week, Rental Beast, a rental real estate listing service, announced its expansion to the Greater Philadelphia and Chicago areas, giving the steadily increasing amount of renters in the city yet another apartment-searching tool besides our trusty Craigslist. (Moment of silence for the pages upon pages of rental listings in PW each week. Remember those?) Rental Beast, a sleek and user-friendly online platform was founded in 2009 by CEO Ishay Grinberg, and is modeled after multiple listing services (MLS) favored on the real estate purchase market. The company also announced a partnership with real estate brokerage Berkshire Hathaway HomeServices Fox & Roach Realtors.
Ishay Grinberg, founder and CEO of Rental Beast, states in a recent press release:
After years of success in Boston, Philadelphia was one of the cities at the top of our list to expand to as there are a high amount of landlords who are looking to fill vacancies with trustworthy tenants. We continue to see an increase in demand for apartments in Philadelphia, brought on by the growing number of millennials moving to the city. Philadelphia has also seen a boom of multi-family housing development, and sustained growth is expected. In addition, the area's flourishing startup community means that more than ever, young professionals are staying in the city to work or launch their own ventures after graduation. · Rental Beast
· Home ownership in Philly becoming a thing of the past? [Curbed Philly]