CAPRE’s Commercial Real Estate Headlines for December 9, 2019
Check out the latest deals and developments in commercial real estate for December 9, 2019: Kastle Systems Launches RealPage Integration to Enable the Most Efficient Access Control Management for Multifamily Properties: Kastle Systems International, the industry leader in advanced managed security systems and services, announced the release of Kastle's direct access control software integration with the RealPage OneSite property management software platform. This new feature offers RealPage Onesite users the ability to reuse the initial RealPage data as the authoritative source for resident data across other critical community systems including access control and smart locks. What this Kastle integration provides to RealPage Onesite customers is simultaneous enrollment between the RealPage and the Kastle databases such that the data collected by the RealPage customer in the initial leasing process simultaneously feeds the Kastle database as well. Access privileges and credentials activate and deactivate automatically based on the information managed in OneSite. Kastle's integration eliminates data inconsistencies, reduces tedious data entry of redundant resident records, and improves security by automatically revoking a renter's property access the moment their lease is terminated the RealPage database. Swift Real Estate Partners Acquires San Diego Asset CPTwo as Second Fund III Purchase: Swift Real Estate Partners, a commercial real estate investment firm, has announced its successful acquisition of CPTwo, located on High Bluff Drive in San Diego, California. This is Swift's second value-add acquisition for its recently raised $500 Million USD Fund III. CPTwo is comprised…
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