
"This serial entrepreneur is back at it with a robust online rental company competing with eBay's Rent.com. MyNewPlace is an online apartment market where prospective renters can search an array of properties using a robust interface. The company received $12 million in a second round of investor funding this year and no doubt will be using that to grow strong in 2007."
When asked about his inclusion, Helm said, "I appreciate the recognition by Inman of our innovative new real-estate rental service, and look forward to delivering even more industry leading products and services to the multifamily industry in 2007."
With the recent announcement of it's new website product, MyNewSite ™, MyNewPlace will further advance it's foothold in the marketplace becoming the first of it's kind to offer a core product delivering prospective property renters from the site to the rental office. For more information, visit http://www.mynewsite.com
About MyNewPlace
MyNewPlace is creating the largest and easiest-to-use online listings for apartment and home rental properties, connecting renters and real-estate owners faster than ever before . When renters find their new place on MyNewPlace and move in, participating rental properties offer a rebate. Property owners get a no-risk, performance-based solution for filling their vacancies: They do not pay for listings; instead, they pay for leases. Headquartered in San Francisco, CA, MyNewPlace was founded in 2005 by John Helm who previously founded AllApartments/SpringStreet, which became the number one apartment rental and relocation site on the Internet before its sale to Homestore (NASDAQ: HOMS) in 1999.
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