Condo.com Adds Thousands of Senior Housing Rentals

Miami, FL (August 13, 2010)– Condo.com, the world’s largest condo marketplace, today announced a partnership with SeniorOutlook.com, a product of ForRent.com and division of Dominion Enterprises. The partnership will provide Condo.com users with access to thousands of senior communities for rent nationwide along with valuable resources available through the portal’s Resource Guide.

With an aging population of baby boomers and increasing life span, there is tremendous demand for all types of senior living. 10 baby boomers are expected to turn 50 years old every minute between now and 2010, according to a recent article published by Turkel. “We have noticed this growing audience on our site and everywhere…Being the largest in the condo vertical and continuously striving to fill the demand by home-seekers nationwide, it was of essence to cater to a senior demographic,” states Senior Vice President of Business Development Jason Mizrachi.  Condo.com is now able to satisfy this need by connecting site visitors with a variety of senior living options, including assisted living, independent living, Alzheimer's / memory care, skilled nursing, continuing care and adult day care. Each community type provides a varying level of care and services. The new properties are accessible on Condo.com’s Apartments For Rent tab.  By selecting the 55+ Communities advanced search filter on Condo.com, all available senior communities are displayed.

Condo.com currently showcases a small number of 55+ communities for rent and for sale. Adding the Senior Outlook properties will not only increase inventory on the site, but will also enhance the senior housing search experience by helping two types of active users – those who seek a home for themselves, and those seeking for an elderly loved one. The additional community types accommodate seniors with different physical or medical needs allowing these home-seekers to make informed decisions. According to Condo.com CEO Richard Swerdlow, “the partnership with SeniorOutlook.com enhances our senior housing search experience and helps this growing market segment to find the right housing for their specific needs and lifestyle preferences.”

“We felt it was essential to choose a partner known for delivering the best available housing alternatives for seniors and are also proud to work with Senior Outlook’s parent company, ForRent.com, known as the largest publisher in the rental space,” adds Swerdlow.

About Condo.com
Condo.com is the world's largest condominium marketplace with over 800,000 listings valued in excess of $200 billion. The site receives over 1 million visitors monthly and is dedicated to the evolution and prosperity of the condominium real estate market. Condo.com improves and simplifies the way people buy, rent, sell, manage, market and enjoy the condo lifestyle. Condo.com lists condominiums for sale and for rent in the United States and 70+ countries around the world. The Company cost-effectively delivers exposure and qualified leads to developers, brokers and owners through the seamless distribution of its listings to a global network of real estate websites visited by over 15 million viewers per month. Condo.com is privately held and headquartered in Miami, Florida.

About SeniorOutlook.com®
Recognized as the “Most Useful Site” on the Internet for adults 50 and better, SeniorOutlook.com is a website dedicated to finding appropriate housing for Baby Boomers planning their retirement, aging adults, and adult children who are researching housing options for their parents. End users can choose from apartments and independent living communities to assisted living and nursing homes. SeniorOutlook.com offers more than 4,700 apartment listings, catering to the 55 and older audience. Listings include slide shows, virtual tours and a variety of online tools to ensure the comfort of an easy move.