CoreLogic Announces Refocus On Multifamily Industry Business Unit
Email Dan Smith
November 12, 2015, Irvine, Calif. –
—Significant investments along with new leadership signify new era of focus on burgeoning multifamily market—
CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled services provider, today announced the appointment of two senior industry executives to lead the CoreLogic Multifamily business unit: Richard Leurig, senior vice president and Scott Bradford, vice president, Sales and Marketing. The appointments are a key part of a significant investment by CoreLogic in the growing multifamily housing market.
Richard Leurig will oversee the Multifamily unit including business strategy and product lines including CoreLogic SafeRent®, Jenark, National Background Data, Renters Insurance and myrental.com. Leurig previously served as senior vice president, IT Innovation and Architecture for CoreLogic.
“Richard is exactly the right leader for the next chapter in scaling our high-impact, industry-leading multifamily business,” said Olumide Soroye, managing director, Information Services for CoreLogic. “He brings a unique combination of innovative thinking, technology vision, operational and client leadership. His assignment as one of our best integrative leaders to this frontier is a signal of our strategic intent to achieve the company’s full potential.”
Scott Bradford re-joins CoreLogic having started his multifamily career with CoreLogic SafeRent as a top producing sales executive.
“Scott brings deep insights, empathy and strong passion about the needs of clients and practitioners in this industry. He understands the unmet needs and brings tremendous capacity to help us do more for our clients,” said Soroye.
An estimated 36 percent of households in the United States currently reside in rental properties. Studies project demand for rental housing will dramatically increase in the next 15 years.
CoreLogic data also points to an increase in multifamily building permits, which are up 40.9 percent from last year.
“The burgeoning multifamily housing industry represents a crucial and exciting frontier for us at CoreLogic,” says Anand Nallathambi, president and CEO of CoreLogic. “During the past nine months, we have increased our pace of investments in our multifamily business and organization. We intend to deliver unique insights and intelligent solutions that will power this growing market segment for years to come.”
CoreLogic Multifamily Solutions are earning praise for accelerating the leasing lifecycle. Leasing Manager from CoreLogic is a cloud-based online leasing workflow system that is designed to keep applicants engaged in completing their lease online while delivering administrative efficiencies to leasing professionals. myrental.com helps smaller landlords mitigate risk by choosing tenants most likely to fulfill their lease obligations. In addition, the company is making exciting client-driven enhancements to its entire suite of solutions to enable multifamily businesses to thrive.
“We believe CoreLogic can bring together capabilities in big data, analytics and intelligent workflow solutions to enable significant advancement in the art and science of decision making throughout the multifamily industry,” said Soroye.
CoreLogic (NYSE: CLGX) is a leading global property information, analytics and data-enabled services provider. The company’s combined data from public, contributory and proprietary sources includes over 4.5 billion records spanning more than 50 years, providing detailed coverage of property, mortgages and other encumbrances, consumer credit, tenancy, location, hazard risk and related performance information. The markets CoreLogic serves include real estate and mortgage finance, insurance, capital markets, and the public sector. CoreLogic delivers value to clients through unique data, analytics, workflow technology, advisory and managed services. Clients rely on CoreLogic to help identify and manage growth opportunities, improve performance and mitigate risk. Headquartered in Irvine, Calif., CoreLogic operates in North America, Western Europe and Asia Pacific. For more information, please visit www.corelogic.com.
CORELOGIC, the CoreLogic logo, and CoreLogic SafeRent are trademarks of CoreLogic, Inc. and/or its subsidiaries. All other trademarks are properties of their respective holders.