Case Studies

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 With a focus on high energy sales and support structure, the company is committed to abandoning outdated industry practices that increase risk exposure and sacrifice asset value. The Problem Pegasus Residential…

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E&S Ring Switches to LeaseLock for Optimized Asset Performance

The Client Based in Santa Monica, California, E&S Ring Management Corporation (E&S Ring) is a boutique-style management company with over 7,000 upscale multifamily homes. The company manages its own portfolio of properties as well as those representing a diverse set of owners. Recently, a negative customer experience with its deposit alternative drove E&S Ring to…

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Western Wealth Communities Taps LeaseLock to Solve Accounting and Bad Debt Concerns

The Client Western Wealth Communities (WWCo), a relative newcomer to the multifamily space, operates 126 properties and more than 15,000 apartment homes across Texas and the Southwest, primarily in the workforce housing sector. The company prides itself on being a people-first company, as well as improving its apartment communities through focused and systematic operational efficiency….

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Goodman Real Estate Maximizes Asset Value With LeaseLock

The Client Goodman Real Estate, Inc. (GRE) is a leading real estate investment company specializing in multifamily and commercial real estate. Headquartered in Seattle, they are valued at $3.5 billion in assets and maintain a diversified portfolio spreading across five states, totaling 14,142 apartment homes. Known for its excellence in community service, GRE launched LeaseLock…

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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 using inefficient financial instruments, Strata…

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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, and created too much risk….

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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. The Problem Avenue5 discovered that…

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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 a better solution to address…

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Trinsic Residential Replaces All Security Deposits with LeaseLock

MARINA DEL REY, Calif. (BUSINESS WIRE) 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 Trinsic Residential Group (Trinsic) has implemented LeaseLock Zero Deposit™. Trinsic develops, acquires and operates suburban, garden-style apartment communities and high-density, urban properties across Arizona, Florida,…

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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. The Problem With residents experiencing…

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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, mature secondary markets across the…

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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 in lease conversion rates and…

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