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Internet Brands Acquires Real Estate Community Site ApartmentRatings

By David Kaplan - Thu 12 Jul 2007 06:57 AM PST

Just a week after its acquisition of Welsh message board provider Jelsoft, Internet Brands, the Los Angeles-based operator of websites such as CarsDirect and BBOnline, has bought real estate social net ApartmentRatings. The purchase of ApartmentRatings is designed to buttress the online services of Internet Brands’ home buyers and sellers site RealEstateABC.com and mortgage lending information provider Loan.com. Launched in 2000, ApartmentRatings features more than 500,000 reviews and ratings of about 60,000 apartments across the country. The site also contains rent trend data and detailed maps. Renters can also connect with others and get advice from the site’s apartment living blog. Terms of the deal were not disclosed. Release

Posted in: Social Media, VC+M&A

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From Magdalena Tue 17 Jul 2007 12:26 PM

ApartmentRatings is really helpful if you are looking to purchase, rent or even sell apartment space. I think that the human element of real reviews with practical advice, warnings and recommendations is what attracts people and most importantly guides them throughout the overwhelming experience of finding the right apartment building.

Another helpful website that has the form of online directory of central Manhattan buildings is http://Havens-Of-Manhattan.com/
Available are short overviews of the apartment buildings and their neighborhoods as well as image and list of amenities.