Rent it Furnished Acquires Short-term Lease Leader Toronto Luxury Rentals
Company continues their expansion as one of North America's leading luxury providers.
TORONTO, June 21, 2019 /PRNewswire-PRWeb/ -- Canada's leading furnished rental property provider Rent It Furnished (http://www.rentitfurnished.com), has announced the acquisition of Toronto Luxury Rentals (http://www.torontoluxuryrentals.com).
The purchase, which was officially completed on May 6, 2019, is the latest step in the company's continued expansion across North America.
Founded in 2009, Rent It Furnished is a full-service Property Management Company for luxury furnished and unfurnished rentals across Canada and the US. With more than 3000 rental properties and a string of corporate partnerships to its name, the company serves customers in Toronto, Vancouver, Montreal, Ottawa and New York City.
"We are delighted to announce the acquisition of Toronto Luxury Rentals," says Erika Weimer, Founder and CEO of Rent It Furnished.
"We've been working alongside Toronto Luxury Rentals for years and have always been impressed by their unparalleled real estate experience, which has helped to set the standard in Toronto. As a result they are a natural fit for Rent It Furnished family, and we're excited about the opportunities that the acquisition will bring for both tenants and landlords in the city."
Known for its industry-leading marketing reach, Rent It Furnished has built an impressive offering over the past decade alongside an enviable roster of tenant placement partners including major film studios, TV productions, insurance and relocation companies.
"Toronto's continued growth as both a hotspot for media production and a thriving economic hub means that there is more demand than ever before for furnished and unfurnished luxury rentals," adds Weimer. "This acquisition is just part of a larger roadmap that we've put together to ensure that both tenants and landlords have access to the resources they need to meet this growing demand."
The merger means that Rent It Furnished is now the premiere luxury rental service in Toronto, boasting a network of more than 600 properties as well as a suite of services for both tenants and landlords.
"As a team, we are truly excited to be joining one of the largest and most reputable companies in the luxury rental industry. But more than anything this is good news for our clients," says Nate Kraft, Toronto Luxury Rentals' former Operations Manager who has taken on the role of Accounts Manager at Rent It Furnished.
"Not only will they benefit from the much larger customer base that Rent It Furnished offers; but they will also have access to the specialist support staff, market exposure and sophisticated infrastructure that the company has invested in. All of which means that their property is optimally positioned, priced, marketed and managed."
About Rent It Furnished
Rent it Furnished (RIF) was founded in 2009 in Vancouver, BC and is well recognized as a leading full-service Property Management Company for luxury furnished and unfurnished rentals across Canada and the USA. With more than 3000 rental properties and many corporate partnerships, the company provides luxury leasing and full property management services in Toronto, Vancouver, Montreal, Ottawa and New York City. With an impressive marketing operation and consistent top Google rankings, Rent it Furnished has the largest market reach in the industry.
For more information please contact:
Erika Weimer
Founder and CEO, Rent It Furnished
500 King St W 3rd Floor
Toronto, ON M5V 1L8
P: (437) 836-3530
E: erika(at)rentitfurnished.com
W: http://www.rentitfurnished.com
SOURCE Rent it Furnished
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