CoreLogic, a global property information, analytics and data-enabled services provider, appointed 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.
Leurig will oversee the Multifamily Unit, including business strategy and product lines such as 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.”
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,” Soroye said.
An estimated 36 percent of households in the United States live in rental properties. Studies project demand for rental housing will increase dramatically 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,” CoreLogic President and CEO Anand Nallathambi said. “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 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,” Soroye said.