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What is a Spread Adjustment related to SOFR?

SOFR being a different rate than LIBOR, with a number of distinguishing features, a “Spread Adjustment” is necessary to minimize the difference of value between the two rates.

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  • Tampa, FL
  • Oct 2021

IApartments is an enterprise-level smart apartments platform that turns ordinary apartments into intelligent apartments.

IApartment’s technology automates asset protection, access control, and operational efficiencies for multifamily property owners, managers, and their residents.

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  • Charlotte, NC
  • Feb 2021

Rent Ready introduces a modern solution to an age-old apartment industry problem.

After a deep dive in the industry, Rent Ready discovered that the make ready process was disjointed, frustrating, and time-consuming. Onsite staff members were scheduling six different services with six different vendors – creating scheduling nightmares along with unexpected challenges and headaches. As a full-service partner for onsite apartment staff, Rent Ready handles the frustration between the move-out and move-in, as a single-source for all turn services: paint, clean, carpet, wall repair, punch, and counter/tub resurfacing.

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