- By merging Tango and Capitalizarme, Rent Homie will expand its rental portfolio and its presence in the Chilean market.
- By combining the 3 companies’ strengths in technology, data management and deep know-how of the rental property market, Homie plans to increase its portfolio by 35% in 2024.
Santiago, December 2023.- Homie, the leading Proptech company in real estate services in Mexico, attracted by the guarantees and opportunities offered by the Chilean market, decided last year to bet on our country and implement its business model, by completing the purchase of Capitalizarme Rent, to provide a leap into the rest of Latin America.
After this successful move, the real estate giant decided to continue to venture into the national market together with Greystar, an international development and management company based in the United States, merging its Chilean branch with Tango.
From now on, Greystar becomes a strategic partner of Homie, investing capital in its company and adding more than 3 thousand management units throughout the country by merging the Chilean portfolios. Therefore, Homie now manages more than 6 thousand units throughout Latam.
With this new integration, the company will absorb all the knowledge and experience of Tango by Greystar and focus on providing greater value to its clients through: finding the most suitable tenant, efficiency in scheduling appointments to view properties and optimizing rental management, achieving client peace of mind by ensuring their investment profitable.
“People in Chile are used to using technology to solve their needs and our focus is strong on them. Moreover, it is a country where the rules of the game are clear, which is why we continue to bet on Chile as a platform for further growth in Latin America,” said Francisco Andragnes, CEO of Homie, who has more than 30 years of experience in the real estate market.
“Today, unimaginable things can be done thanks to technological tools, which include calculating the rental price of any property in a few seconds and knowing whether a person is entitled to a contract, so the potential is very high,” the spokeswoman added. convinced. plus that this merger means for an investor in Chile.
By combining the strengths of the three companies in terms of technology, data management and deep know-how of the rental property market, Homie plans to increase its portfolio by 35% in 2024 and the following two years, adding more than 2,000 more properties through the alliance between Rent and Tango, which allows it to place itself among the most important players in Latin America.
About Homie:
Homie is a dynamic and innovative Mexican real estate company that connects owners and tenants through technology. It is the largest manager of residential rental properties in Mexico and one of the top 5 in Chile. With a commitment to excellence, unique experiences and a comprehensive set of services, Tango by Homie is poised to redefine the field of real estate as well as become a leading manager in Chile.
About Greystar Tango:
Tango provides rental management services to landlords and tenants with a seamless digital experience. Renters can find, view and rent their next home online, and homeowners can enjoy professional management of their investment properties, all from a digital platform. Tango is a Greystar company, a global leader in rental housing, with more than 857,400 units and beds under management in 17 countries.