Pegasus Residential Finds Efficiencies, Financial Lift with LeaseLock

The Client Atlanta-based Pegasus Residential manages more than 40,000 luxury apartment homes across the southeastern U.S. for various institutional clients, partnerships, and individual owners. With a focus on high energy sales and support structure, the company is committed to abandoning outdated industry practices that increase risk exposure and sacrifice asset...

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Strata Equity Group Streamlines Leasing With Zero Deposit

The Client Strata Equity Group, a San Diego based real estate developer that owns 75 multifamily communities and more than 20,000 apartment homes, enhanced its leasing funnel performance and improved protection by offering residents a Zero Deposit move-in. The Problem With pressing concerns around housing affordability and the drawbacks to...

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GoldCor Achieves Lift in Signed Leases by Deploying Zero Deposit Portfolio-Wide

The Client Apartment owner GoldCor Capital Partners has a portfolio of Sunbelt state properties. GoldCor has rolled out LeaseLock Zero Deposit™ across its properties and new acquisitions to replace security deposits portfolio-wide. The Problem The operator discovered that security deposits and surety bonds posed a financial obstacle for prospective renters,...

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Avenue5 Residential Generates Asset Value Lift With LeaseLock

The Client Avenue5 Residential, the fastest-growing enterprise multifamily operator, has more than 70,000 apartment homes across the nation and is ranked No. 15 on the National Multifamily Housing Council (NMHC) Top 50 Managers list. Avenue5 deployed LeaseLock Zero Deposit across premier ownership clients including ColRich, Trinsic, and Compass Acquisition Partners....

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ColRich Boosts NOI & Cuts Bad Debt Over 50% With LeaseLock Zero Deposit

The Client ColRich Multifamily owns more than 16,000 apartment homes located in strategic west coast markets, and uses leading third-party property management companies, including Greystar and Avenue5 Residential. The Problem After monitoring the impact of deposits on their residents and business, especially during the pandemic, ColRich set out to find...

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Olive Tree Case Study: Operator Does Away with Deposits During COVID-19

The Client Olive Tree Holdings is a private real estate investment firm focused on the acquisition, reposition, and management of multifamily communities. Shortly after the onset of the pandemic, the owner and operator launched LeaseLock Zero Deposit™ across its entire portfolio to create a more affordable move-in experience for renters....

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White Oak Partners Eliminates Deposits Across Nearly 8,000 Units

MARINA DEL REY, Calif. (PRNewswire) LeaseLock, the first and only nationwide A-rated lease insurance provider that totally eliminates security deposits, surety bonds and guarantors in rental housing, today announced White Oak Partners is implementing LeaseLock Zero Deposit™ across its entire portfolio. The company owns nearly 8,000 apartment homes in stable,...

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Top 50 Operators Accelerate Leasing by Totally Replacing Deposits

MARINA DEL REY, Calif. (PRNewswire) — LeaseLock, the only provider of a nationwide A-rated lease insurance program that totally eliminates security deposits in rental housing, today announced a recent analysis of three of its clients, two ranked as National Multifamily Housing Council (NMHC) Top 50 Operators, showing a significant improvement...

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ROCO Real Estate Drives More Renter Leads with LeaseLock

(Multifamily Executive) The security deposit is such a traditional component of the apartment leasing process that it’s surely difficult for many operators to imagine doing business without it. But ROCO Real Estate has done more than imagine such a scenario. Over the final weeks of 2018, the Bloomfield Hills, Mich.–based...

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