RealPage, Inc.
RealPage provides software for the real-estate industry — property-management, leasing, rent-pricing/revenue-management, accounting and resident-screening tools used by owners and managers of rental apartments and other properties. It was a public company (NASDAQ: RP) before being taken private.
Company profile. Written by an AI model from public web sources; not checked for copying; not taken from the company's or the lender's SEC filing. — distinct from the SEC Schedule-of-Investments pricing data below. · AI-generated analysis. Not investment advice. May contain errors.
Lenders
RealPage, Inc. is held by 3 BDC lenders in our parsed SEC filings: AGTC, NMFC, PSBD.
Cross-lender loan pricing
Each row is one debt tranche at the BDC’s most recent filing that holds this borrower, widest spread first. Mark is the position’s fair value as a percent of par (100 = par). Spread is shown in basis points over the benchmark in the Rate column, normalized from each filing’s as-reported units — rows quoting different benchmarks are still not directly comparable. Compare like-for-like: a second-lien tranche, a different vintage, or an older filing should price wider even when the credit view is identical — check the Type and Filing columns before reading a gap as disagreement. Source: SEC EDGAR (public). Lenders whose newest filing no longer names this borrower are listed separately under “Exited” below.
| BDC | Type | Rate | Cash spread (bps) | Mark (% of par) | Fair Value | Maturity | Filing |
|---|---|---|---|---|---|---|---|
| AGTC | 1L Sr Secured | SOFR | 375 | 93.8 | $34M | 2028-04 | 2026-08-07 |
| NMFC | 1L Sr Secured | SOFR | 375 | 94.3 partly funded | $2M | 2028-04 | 2026-08-03 |
| PSBD | 1L Sr Secured | SOFR | 375 | 94.3 | $6M | 2028-04-24 | 2026-08-05 |
| AGTC | 1L Sr Secured | SOFR | 300 | 93.3 partly funded | $8M | 2028-04 | 2026-08-07 |
Marks reflect each BDC’s own fair-value estimates as reported to the SEC, not traded prices. Private-credit loans are predominantly Level 3 under ASC 820 — valued from unobservable inputs and determined in good faith under the oversight of each BDC’s board (often by the adviser as valuation designee), so figures are estimates as of the period end each filing reports, not its filing date, and are not directly comparable across managers. Informational only; not investment advice or a valuation.
Exited
Exited or inactive lenders: last-filed positions, not current. Excluded from every count and figure above.
Ownership & deal activity
Ownership and acquisition events compiled from public sources and audited against the linked source. Each event links to its source; “(reported)” marks a lower-confidence item. Verify anything material against the original source.
- sponsor changeRealPage transitions to Thoma Bravo ownership as private companyUpon completion of the Thoma Bravo acquisition, RealPage's common stock ceased trading on NASDAQ and the company became a privately held Thoma Bravo portfolio company.
- lboThoma Bravo completes leveraged buyout and take-private of RealPageThoma Bravo completed its all-cash acquisition of RealPage for approximately $10.2 billion including net debt; RealPage's common stock ceased trading on NASDAQ and the company became privately held.
- take privateThoma Bravo announces take-private acquisition of RealPage for ~$10.2BThoma Bravo announced a definitive all-cash agreement to acquire NASDAQ-listed RealPage at $88.75 per share, a 30.8% premium, valuing the company at approximately $10.2 billion including net debt.
- acquisitionRealPage acquires Level One leasing platformRealPage acquired substantially all assets of Level One, a leading on-demand apartment leasing center, for $54 million cash plus an $8 million deferred payment in cash or stock.
- ipoRealPage IPO on NASDAQ (ticker: RP)RealPage, Inc. listed its common stock on the NASDAQ Global Select Market under symbol 'RP', with the IPO priced at $11.00 per share on August 11, 2010.
- acquisitionRealPage acquires Stratis real estate IoT startupRealPage acquired Stratis, a real estate IoT startup, in September 2020.
Headlines mentioning RealPage, Inc.
Public headlines that name RealPage, Inc., matched by company name and shown most-recent first. A mention is not an endorsement, a rating, or investment advice — verify anything material against the original source. Source: Google News.
Reading this table
When two business development companies lend to the same borrower, comparing how each marks the loan is a starting question, not a verdict. In plain English: a wider spread (e.g. S+575 vs S+525) or a lower mark (e.g. 96 vs 100 cents on the dollar) can mean that lender is pricing in more risk — but marks can also differ for reasons other than a credit view: a different tranche (second lien should price wider than first lien on the same company), a different vintage or entry point, an older filing date, or each manager’s own fair-value methodology. Compare like-for-like — check the Type and Filing columns before reading a gap as disagreement. Each row is one debt position at one BDC’s most recent filing. Source: SEC EDGAR Schedule of Investments (public).
Want to read these numbers like an analyst? Free Oxford Ledge lessons: reading a BDC’s Schedule of Investments, key credit metrics, and the Five Cs of credit analysis.