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Latch launches Door Property Management and acquires The Broadway Company's Property Management Division

PUBLIC · LTCHMar 28, 2024

Acquiring Company

Latch

Acquired Company

The Broadway Company

OlivetteBostonSoftwareReal EstateProperty ManagementReal EstateHospitality

Description

Latch, Inc., soon to be Door.com, has announced the launch of Door Property Management, LLC (DPM), and the acquisition of the property management business of The Broadway Company (TBC). This strategic acquisition enables Latch to gather insights from direct property management and aims to integrate advanced technology solutions to optimize products and services for property owners, with a focus on maximizing net operating income (NOI) and resident experience.

Quick answer

Latch is acquiring The Broadway Company, announced March 28, 2024. Latch is based in Olivette, Missouri, United States.

How much did Latch pay for The Broadway Company?
The deal value was not disclosed.
What does Latch do?
Latch, Inc., soon to be DOOR, is a company focused on enhancing the residential living experience through its DOOR app, which integrates products, services, technology, and community to reduce costs for building owners..
Where are Latch and The Broadway Company based?
Latch is based in Olivette, Missouri, United States. The Broadway Company is based in Boston, Massachusetts, United States.
Who are the decision-makers at Latch?
Fundz holds 2 contacts at Latch. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Latch

Location

Olivette, Missouri, United States

About

Latch, Inc., soon to be DOOR, is a company focused on enhancing the residential living experience through its DOOR app, which integrates products, services, technology, and community to reduce costs for building owners and deliver the expected living experience for residents. The company's foundation is anchored by the Doorman, an AI assistant that combines technology, unique building data, and timely information for residents and property managers.

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Frequently asked

Who acquired The Broadway Company?

The Broadway Company was acquired by Latch, based in Olivette. The deal was reported on March 28, 2024. Latch is publicly traded (LTCH) and operates in Software.

When did Latch acquire The Broadway Company?

Latch's acquisition of The Broadway Company was reported on March 28, 2024. Latch, Inc., soon to be Door.com, has announced the launch of Door Property Management, LLC (DPM), and the acquisition of the property management business of The Broadway Company (TBC). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does The Broadway Company do?

The Broadway Company (TBC) is a fully integrated real estate investment company focused on multi-family and manufactured housing. Founded in 2011, TBC leadership has experience in corporate governance, asset management, and acquisitions. It is privately held, operating in Real Estate, and is based in Boston.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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