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Alfred Raises $125M to Buy RKW Residential Portfolio in Sun Belt

Technology startup Alfred, which offers residential management software, has acquired management company RKW Residential after raising $125 million in order to expand throughout the Sun Belt.

Alfred will integrate RKW’s 30,000 single-family and multifamily rental units — in places like Miami, Charlotte and Atlanta — into its portfolio, deploying its technology across it to give renters the ability to pay rent and renew their lease through an app.