SAN FRANCISCO, CA–(Marketwire - February 7, 2008) - MyNewPlace™, the Web's fastest growing apartment rental site according to Compete, Inc., today announced its real estate broker license for practicing real estate and offering cash back to residents of New Jersey.

With the broker license now in place, participating apartment owners and managers in New Jersey have authorized MyNewPlace to pay cash back to renters on their behalf once a cash back claim has been submitted and verified. This pay-for-performance solution offers a no-risk solution to attract new residents while rewarding them for their online efforts.

"With the addition of New Jersey, MyNewPlace's cash rebate program is now available to over 99% of consumers in the United States — in virtually every major metro area and the vast majority of states," stated company CEO John Helm. Including communities listed in New Jersey, MyNewPlace touts more than 6 million apartment rentals listed nationwide. MyNewPlace offers a comprehensive view of rentals in a chosen area through its easy-to-use interface and comparison tools. The site remains free of advertisements and offers website design and photography for communities in addition to the apartment classifieds product.

About MyNewPlace

MyNewPlace (http://mynewplace.com) is creating the largest and easiest-to-use online marketplace for apartment rentals, connecting renters and owners of all types of properties. When renters find their new place on MyNewPlace and move in, participating properties offer a rebate. Property owners get a no-risk, performance-based solution for filling their vacancies: They do not pay for advertising; instead, they pay for leases. Headquartered in San Francisco, CA, MyNewPlace was founded in 2005 by John Helm, the founding CEO of AllApartments/SpringStreet, which became the number one apartment rental and relocation site on the Internet before its sale to Homestore in 1999. For more information, visit http://www.mynewplace.com.

MyNewPlace (http://www.mynewplace.com), the Web's fastest growing apartment classifieds site according to Compete, Inc., announced today that two of its employees, Vice President of Technology Ken Cluff and Data Integration Engineer Gabriele Cressman, have been recognized by the NMHC's MITS Project for their contributions to developing apartment industry data exchange standards.

San Francisco, CA (PRWEB) November 7, 2007 — MyNewPlace (http://www.mynewplace.com), the Web's fastest growing apartment classifieds site according to Compete, Inc., announced today that two of its employees, Vice President of Technology Ken Cluff and Data Integration Engineer Gabriele Cressman, have been recognized by the NMHC's MITS Project for their contributions to developing apartment industry data exchange standards.

The Multifamily Information and Transactions Standard (MITS) project (http://www.mitsproject.org) is an industry-wide effort by the apartment rental sector to develop common data standards and XML protocols to facilitate data and systems integration. The MITS standards are freely available as an industry resource. MITS is funded and sponsored by a broad group of industry firms and is supported by the National Multi Housing Council and national outreach partner the National Apartment Association.

MyNewPlace has been an active participant in the MITS process since its inception and employs the MITS standards for data exchange with many of its clients. In presenting the award the MITS committee specifically acknowledged Ms. Cressman's contributions to core components of the MITS standard and the custom extension mechanism.

"The exchange of apartment data via the MITS standard helps us provide the freshest, most up to date listings to the consumers visiting our site," commented Ken Cluff. "The consumers are happy, the apartment owners are happy, and because we're leveraging an XML data standard rather than doing custom integrations from scratch, even my technology team is happy."

About MyNewPlace
MyNewPlace (http://www.mynewplace.com) is creating the largest and easiest-to-use online marketplace for apartments and home rentals, connecting renters and owners of all types of properties. When renters find their new place on MyNewPlace, rent and move in, participating properties offer a rebate. Property owners get a no-risk, performance-based solution for filling their vacancies: They do not pay for advertising; instead, they pay for leases. Headquartered in San Francisco, CA, MyNewPlace was founded in 2005 by John Helm, the founding CEO of AllApartments/SpringStreet, which became the number one apartment rental and relocation site on the Internet before its sale to Homestore in 1999. For more information, visit http://www.mynewplace.com .

Friday September 28, 3:00 pm ET

SAN FRANCISCO, CA–(MARKET WIRE)–Sep 28, 2007 — MyNewPlace (http://www.mynewplace.com), the Web's fastest growing apartment classifieds site according to Compete, Inc., announced today that CEO John Helm has been named in the Inman News 100 Most Influential Real Estate Leaders for 2007, a list of the best, brightest and most influential in real estate.

Heading up MyNewPlace, which was recently named by BusinessWeek as Best of the Web, Helm returned to the apartment-search space after seeing new opportunities to integrate emerging technologies. The site, www.mynewplace.com, is built on the latest Web 2.0 and map-based search technology and hosts such features as location-based search and the ability for property management companies to offer More Cash Back. The standard cash back amount for the industry is $100 but with MyNewPlace the rebate amount can be as much as $2,500.

"I'm honored to be included in this list and excited about the opportunities ahead for MyNewPlace," commented Helm. "We have a great team in place to support our clients and their needs. I feel confident we will meet the ever-increasing demands of the industry."

About MyNewPlace

MyNewPlace (http://www.mynewplace.com) is creating the largest and easiest-to-use online marketplace for apartment and home rentals, connecting renters and owners of all types of properties. When renters find their new place on MyNewPlace and move in, participating properties offer a rebate. Property owners get a no-risk, performance-based solution for filling their vacancies: They do not pay for advertising; instead, they pay for leases. Headquartered in San Francisco, CA, MyNewPlace was founded in 2005 by John Helm, the founding CEO of AllApartments/SpringStreet, which became the number one apartment rental and relocation site on the Internet before its sale to Homestore in 1999. For more information, visit http://www.mynewplace.com.

Thursday September 27, 8:13 pm ET

SAN FRANCISCO, CA–(MARKET WIRE)–Sep 27, 2007 — MyNewPlace, the Web's fastest growing apartment classifieds site according to Compete, Inc., announced today it has been named Best of the Web, Real Estate by BusinessWeek for the second year in a row. Best of the Web, Real Estate.

The only dedicated apartment and home rental site to make the list, MyNewPlace has proven to be a contender in a very competitive industry after launching in May of 2006. The pay-for-performance model offered by MyNewPlace to property management companies incorporates instant updates and the ability to offer even more cash back than competitive sites. Features such as location-based searching, satellite imagery and the ability to reserve a rental online make for an easier apartment selection process for prospective renters.

"We continue to add new functionality and inventory to our apartment and single family home rental Web site and are very excited to receive this recognition," commented John Helm, CEO for MyNewPlace. "We feel we have built a best-in-class website for resident and management company alike and to receive this acknowledgement means a great deal to us."

About MyNewPlace

MyNewPlace (http://www.mynewplace.com) is creating the largest and easiest-to-use online marketplace for apartment and home rentals, connecting renters and owners of all types of properties. When renters find their new place on MyNewPlace and move in, participating properties offer a rebate. Property owners get a no-risk, performance-based solution for filling their vacancies: They do not pay for advertising; instead, they pay for leases. Headquartered in San Francisco, CA, MyNewPlace was founded in 2005 by John Helm the founding CEO of AllApartments/SpringStreet, which became the number one apartment rental and relocation site on the Internet before its sale to Homestore in 1999. For more information, visit http://www.mynewplace.com.

Tuesday September 18, 7:44 pm ET

SAN FRANCISCO, CA–(MARKET WIRE)–Sep 18, 2007 — MyNewPlace (http://www.mynewplace.com), the Web's fastest growing apartment classifieds site according to Compete, Inc., announced today its release of MyNewSite™ (http://www.mynewsite.com). Described as the most cost-effective website solution designed for today's MultiHousing professional, MyNewSite promises a full service website with a turnaround time of as little as three weeks.

The MyNewSite solution includes map-based listing searches, full-service property brochure pages, a client-branded manager center to track leads and activity, and a Content Updater(TM) feature. The Content Updater, powered by eREI, allows clients to automatically update listings on major online advertising sources for the Multifamily Industry, ensuring consistent branding and promotion while saving the time required to update individual advertising sources.

Lane Company's Dan Hefner was among one of the first to adopt the new website solution. When asked why he chose to go with MyNewSite, Hefner commented, "What grabbed our attention was the ability to have a better website solution for our properties at a fraction of the cost of other providers. Once we learned of the promised turnaround and ease of use, it became a must-have." With this turnkey solution, MyNewPlace becomes the first internet listing service to deliver prospective renters from the site to the rental office. For more information, visit http://www.mynewsite.com

About MyNewPlace

MyNewPlace (http://www.mynewplace.com) is creating the largest and easiest-to-use online marketplace for apartment rentals, connecting renters and owners of all types of properties. When renters find their new place on MyNewPlace and move in, participating properties offer a rebate. Property owners get a no-risk, performance-based solution for filling their vacancies: They do not pay for advertising; instead, they pay for leases. Headquartered in San Francisco, CA, MyNewPlace was founded in 2005 by John Helm, the founding CEO of AllApartments/SpringStreet, which became the number one apartment rental and relocation site on the Internet before its sale to Homestore in 1999. For more information, visit http://www.mynewplace.com.

Tuesday September 18, 10:00 am ET

SAN FRANCISCO, CA–(MARKET WIRE)–Sep 18, 2007 — MyNewPlace, the Web's fastest growing apartment classifieds site according to Compete, Inc., announced today that Adam Cole has been promoted to the position of Business Development Manager for MyNewSite, it's recently launched website and online marketing division.

Prior to accepting the position, Cole was responsible for sales of the company's Internet Listing Service, MyNewPlace, in the Southwest territory covering Nevada, Arizona, New Mexico and Southern California.

"Adam has been a tremendous asset to the MyNewPlace sales team since joining us in 2006," commented Mandy Cann, VP Sales for MyNewPlace. "I am confident he brings the same dedication and enthusiasm to growing our marketing solutions channel as he has to MyNewPlace." Prior to joining MyNewPlace, Cole held positions with Homestore as well as Primedia.

About MyNewPlace

MyNewPlace (http://www.mynewplace.com) is creating the largest and easiest-to-use online marketplace for apartment rentals, connecting renters and owners of all types of properties. When renters find their new place on MyNewPlace and move in, participating properties offer a rebate. Property owners get a no-risk, performance-based solution for filling their vacancies: They do not pay for advertising; instead, they pay for leases. Headquartered in San Francisco, CA, MyNewPlace was founded in 2005 by John Helm the founding CEO of AllApartments/SpringStreet, which became the number one apartment rental and relocation site on the Internet before its sale to Homestore in 1999. For more information, visit http://www.mynewplace.com.

Thursday August 9, 2007

MyNewPlace, a leader in the online marketplace for apartment rentals, announced today that Samara Dictor has been promoted to the position of Regional Account Manager, supporting apartment management companies in Southern California, Nevada, Arizona, and New Mexico.

Ms. Dictor began her career with MyNewPlace over a year ago as the first inside sales representative for the company. Prior to joining the MyNewPlace team, Dictor was with the Core Blood Registry where she worked to grow sales in the US and Latin markets.

"We're happy to have Samara on the team and excited about the sales momentum she will bring both new and existing clients in the Southwest territory," commented Mandy Cann, VP Sales for MyNewPlace.

About MyNewPlace

MyNewPlace (http://www.mynewplace.com) is creating the largest and easiest-to-use online marketplace for apartment rentals, connecting renters and owners of all types of properties. When renters find their new place on MyNewPlace and move in, participating properties offer a rebate. Property owners get a no-risk, performance-based solution for filling their vacancies: They do not pay for advertising; instead, they pay for leases. Headquartered in San Francisco, CA, MyNewPlace was founded in 2005 by John Helm, the founding CEO of AllApartments/SpringStreet, which became the number one apartment rental and relocation site on the Internet before its sale to Homestore in 1999. For more information, visit http://www.mynewplace.com.

Thursday August 9, 7:26 pm ET

SAN FRANCISCO, CA–(MARKET WIRE)–Aug 9, 2007 — MyNewPlace, the Web's fastest growing apartment classifieds site according to Compete, Inc., announced today that Mark Moran has joined their organization as Vice President of Business Development.

Moran brings over a decade of line management and business development experience at consumer Internet companies. He was previously at Riya, Inc. where he built over 400 merchant and partner relationships for the company's Like.com shopping portal. At MyNewPlace (www.mynewplace.com), he will be responsible for traffic and revenue partnerships and advertising sales.

"Mark brings extensive domain and functional expertise and will play a critical role in ramping site growth and revenues. We are very happy to have him on board," commented John Helm, CEO for MyNewPlace. Moran has also held executive positions with Tribal Fusion, Wells Fargo Bank and Owners.com.

About MyNewPlace

Tuesday July 31, 2:22 pm ET

SAN FRANCISCO, CA–(MARKET WIRE)–Jul 31, 2007 — MyNewPlace, a leader in the online marketplace for apartment rentals, announced today that Elizabeth Isaacs has joined their team as Regional Account Manager, supporting the Midwest.Bringing over 10 years' sales and marketing experience within the business systems and multifamily industries, Ms. Isaacs spent five years at the Apartment Guide in Chicago holding various roles including the position of publisher. During her tenure she grew the book to over $4MM in annual revenue.

"I'm excited to have Elizabeth on the team," commented Mandy Cann, VP Sales for MyNewPlace, "and feel confident she will continue to cost-effectively grow the occupancy for both current and future MyNewPlace clients."

About MyNewPlace

MyNewPlace (http://www.mynewplace.com) is creating the largest and easiest-to-use online marketplace for apartment rentals, connecting renters and owners of all types of properties. When renters find their new place on MyNewPlace and move in, participating properties offer a rebate. Property owners get a no-risk, performance-based solution for filling their vacancies: They do not pay for advertising; instead, they pay for leases. Headquartered in San Francisco, CA, MyNewPlace was founded in 2005 by John Helm, the founding CEO of AllApartments/SpringStreet, which became the number one apartment rental and relocation site on the Internet before its sale to Homestore in 1999. For more information, visit http://www.mynewplace.com.

Funding led by Sutter Hill Ventures and Split Rock Partners with backing from original investors

September 18, 2006–San Francisco, CA–MyNewPlace, the largest online apartment marketplace connecting renters and property owners, today announced that it has closed $12 million in Series B financing. The investment round was led by two Silicon Valley-based firms: Sutter Hill Ventures, which has financed technology-based start-ups since 1964, and Split Rock Partners, which closed an oversubscribed $275 million first fund last year. Existing investors also participated in the round.

In a climate of housing market uncertainty, renting has become an increasingly attractive option. Already, 33% of Americans rent and 12 million renters move every year. These numbers are likely to increase as economic factors make high density urban living more desirable and more rental units appear on the market. With more than 70% of renters starting their apartment hunt online, MyNewPlace is perfectly poised to deliver what they need to make their search enjoyable, efficient and successful.

This latest financing will help the company expand its database of apartment listings, which at more than 6 million is already the largest in the country.  Additionally, MyNewPlace plans to use a significant portion of this new capital infusion to fund an increased level of online marketing to attract renters to its website.

Since its launch in May 2006, MyNewPlace has been described as a fierce competitor in the online rental space. Its success in bringing the newest Web 2.0 features to the online rental market and its continued innovation were recently recognized by Inman News, which presented MyNewPlace with its prestigious 2006 Innovator Award for the Most Innovative Rental/New Home Online Service.

MyNewPlace is the only online apartment rental service that offers prospective renters all the latest usability features including a minimalist interface with no ads or pop-ups, flexible search features and integrated mapping. For property owners, it offers an easily accountable and trackable pay-for-performance model and flexible management of listings. Paying clients listing their properties on MyNewPlace offer a $100 cash back to renters who use the website.   

“The online apartment rentals market is very crowded and competitive, however MyNewPlace’s strong apartment industry relationships and credibility, which has allowed it to sign owners and managers for its service significantly faster than any company in the industry coupled with the expertise of its management team convinced us that this would be a very attractive investment,” said Jim Simons, founding Managing Director of Split Rock Partners, also joining MyNewPlace’s board.

“We are very pleased to have Sutter Hill Ventures and Split Rock Partners lead this round, given their expertise in online consumer services and track record of success with fast-growth companies,” said John Helm, CEO and founder of MyNewPlace. “The strategic guidance and financial support from them as well as from our existing investors will help us become the leading online service for apartment hunters looking to find their new place.”

About MyNewPlace

MyNewPlace (http://mynewplace.com) is creating the largest and easiest-to-use online marketplace for apartment rentals, connecting renters and owners of all types of properties. When renters find their new place on MyNewPlace and move in, participating properties offer a rebate. Property owners get a no-risk, performance-based solution for filling their vacancies: They do not pay for advertising, 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. For more information, visit http://www.mynewplace.com.

Media contacts

Pia Chatterjee, Antenna Group for MyNewPlace
Pia@antennagroup.com, 415-977-1931