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LIBOR to SOFR Transition Timeline

The commercial real estate (CRE) market has been aware of the London Interbank Offered Rate (LIBOR) retirement since 2015, three years after a LIBOR price-manipulation scandal soured regulators on the interest rate and led them to push for a replacement. As a result, the Alternative Reference Rates Committee (AARC) assembled in 2017 to select the Secured Overnight Financing Rate (SOFR) as the official LIBOR replacement.

The AARC’s assembly has since triggered a series of events leading to the LIBOR cessation and SOFR adoption. Though the timeline has been gradual, the official transition from LIBOR to SOFR is in full effect with less than a year left to comply.

Download this infographic to stay up-to-date on the events leading up to the official LIBOR to SOFR transition.

IApartments is an enterprise-level smart apartments platform that turns ordinary apartments into intelligent apartments.

IApartment’s technology automates asset protection, access control, and operational efficiencies for multifamily property owners, managers, and their residents.


Rent Ready introduces a modern solution to an age-old apartment industry problem.

After a deep dive in the industry, Rent Ready discovered that the make ready process was disjointed, frustrating, and time-consuming. Onsite staff members were scheduling six different services with six different vendors – creating scheduling nightmares along with unexpected challenges and headaches. As a full-service partner for onsite apartment staff, Rent Ready handles the frustration between the move-out and move-in, as a single-source for all turn services: paint, clean, carpet, wall repair, punch, and counter/tub resurfacing.

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