CoreLogic is refocusing one of its business units by appointing two senior industry executives to lead the CoreLogic Multifamily business unit: Richard Leurig, senior vice president and Scott Bradford, vice president, Sales and Marketing. The appointments are a key part of a significant investment by CoreLogic in the growing multifamily housing market. Here’s how the unit will work:
Richard Leurig will oversee the Multifamily unit including business strategy and product lines including CoreLogic SafeRent, Jenark, National Background Data, Renters Insurance and myrental.com. Leurig previously served as senior vice president, IT Innovation and Architecture for CoreLogic.
“Richard is exactly the right leader for the next chapter in scaling our high-impact, industry-leading multifamily business,” said Olumide Soroye, managing director, Information Services for CoreLogic. “He brings a unique combination of innovative thinking, technology vision, operational and client leadership. His assignment as one of our best integrative leaders to this frontier is a signal of our strategic intent to achieve the company’s full potential.”
Scott Bradford re-joins Corelogic having started his multifamily career with CoreLogic SafeRent as a top producing sales executive.
“Scott brings deep insights, empathy and strong passion about the needs of clients and practitioners in this industry. He understands the unmet needs and brings tremendous capacity to help us do more for our clients,” said Soroye.
An estimated 36 percent of households in the United States currently reside in rental properties. Studies project demand for rental housing will dramatically increase in the next 15 years.
CoreLogic data also points to an increase in multifamily building permits, which are up 40.9 percent from last year.
“The burgeoning multifamily housing industry represents a crucial and exciting frontier for us at CoreLogic,” says Anand Nallathambi, president and CEO of CoreLogic. “During the past nine months, we have increased our pace of investments in our multifamily business and organization. We intend to deliver unique insights and intelligent solutions that will power this growing market segment for years to come.”
About The Author
Tony Garritano is chairman and founder at PROGRESS in Lending Association. As a speaker Tony has worked hard to inform executives about how technology should be a tool used to further business objectives. For over 10 years he has worked as a journalist, researcher and speaker in the mortgage technology space. Starting this association was the next step for someone like Tony, who has dedicated his career to providing mortgage executives with the information needed to make informed technology decisions. He can be reached via e-mail at firstname.lastname@example.org.