The integration of AI into real estate operations enhances efficiency and accuracy.
Richardson, Texas, July 31, 2025
RealPage has acquired Rexera to develop a nationwide AI-powered real estate platform aimed at enhancing operational efficiency. This merger integrates RealPage’s HomeWiseDocs with Rexera’s advanced AI capabilities, facilitating faster and more accurate real estate transactions while reducing manual workloads for professionals. The acquisition reflects a commitment to innovation and aims to streamline document management, lien searches, and compliance workflows in the real estate sector.
RealPage, a global leader in AI-enabled software solutions for the real estate industry, has announced the acquisition of Rexera, a pioneering agentic artificial intelligence company based in San Francisco. The strategic move aims to combine innovative AI workforce capabilities with existing real estate management tools to create the first comprehensive, nationwide platform for AI-optimized real estate operations.
While the financial terms of the acquisition were not disclosed, this deal signifies a substantial step towards transforming how real estate transactions and property management tasks are conducted at scale. The integration merges RealPage’s HomeWiseDocs HOA platform—focused on homeowner association document management—with Rexera’s advanced AI workforce solutions. This joint platform is designed to significantly enhance the speed, accuracy, and customer satisfaction of real estate processes.
The newly formed platform will streamline complex and time-consuming tasks that traditionally hinder efficiency in real estate operations. These include retrieving HOA documents, conducting lien searches, managing mortgage payoffs, and ensuring compliance workflows. The platform aims to automate these workflows, reducing manual effort and minimizing errors, which will make life easier for title agents, lenders, and escrow officers involved in real estate transactions.
RealPage’s CEO and President expressed confidence that this acquisition will accelerate the ongoing transformation of real estate operations through technology. He emphasized that the combined platform’s capabilities would herald a new era of efficiency and ease in managing complex real estate tasks at scale.
Vishrut Malhotra, co-founder and CEO of Rexera, shared that both companies are aligned in their commitment to tackling long-standing challenges in the real estate sector. Rexera’s AI automates workflows related to HOA documentation, municipal liens, mortgage payoffs, and condo reviews, thereby enabling clients to focus more on growing their real estate portfolios without being bogged down by administrative burdens.
RealPage has served over 24 million rental units across North America, Europe, and Asia since its establishment in 1998. Known for its innovative and customer-focused approach, the company offers the Lumina AI Workforce platform, recognized as the multifamily industry’s first agentic AI platform, which enhances operational efficiency and tenant service.
The company has also received numerous awards, such as “America’s Best Employers,” and holds recognition as a Great Place to Work in various regions, underscoring its dedication to innovation and employee satisfaction.
The integration of AI solutions into real estate processes exemplifies a broader industry shift towards automation and digital transformation. This acquisition positions RealPage at the forefront of this evolution, leveraging AI to enhance productivity, reduce manual tasks, and improve client outcomes across multiple sectors, including multifamily and commercial real estate.
The main goal is to create the first nationwide AI-enabled platform for real estate operations that improves efficiency, speed, and accuracy in managing tasks like HOA documents, lien searches, and mortgage payoffs.
It will automate complex workflows, reduce manual effort, minimize errors, and speed up transaction processes, thereby making daily tasks easier and more efficient for title agents, lenders, and escrow officers.
Rexera’s AI automates workflows related to HOA document retrieval, municipal lien searches, mortgage payoff processing, and condo review procedures.
Founded in 1998, RealPage has served over 24 million rental units across North America, Europe, and Asia and is known for its innovative AI platform Lumina AI Workforce and commitment to customer service.
Feature | Description |
---|---|
AI Workforce Automation | Automates workflows related to HOA documents, lien searches, mortgage processing, and condo reviews. |
Integrated Platform | Combines RealPage’s HomeWiseDocs with Rexera’s AI capabilities to offer comprehensive real estate operations tools. |
Enhanced Efficiency | Speeds up transaction processes and reduces manual efforts, improving accuracy and customer satisfaction. |
Scalability | Designed to serve the needs of real estate professionals across the nation at scale. |
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