Primedia Buys RentalHouses.com

By Rafat Ali Feb. 7, 2007, 11:00pm Comments Off

Primedia, the trade media firm, has bought out RentalHouses.com, an online marketplace for small unit rental properties. Terms of the transaction were not disclosed.
Primedia now owns Rentals.com, RentClicks.com, RentalHouses.com, HomeRentalAds.com, and ApartmentGuide.com. Between them, these sites represented an $11 million business based on annualized revenue, and received three million unique visitors monthly, the company said. More details in release.