Leasing behavior in 2021 saw an uptick in February through May. Leasing metrics took until mid-April 2020 to recover from the COVID lockdowns and unemployment increase. Without those same disruptions this year, leasing data has either reached or exceeded the levels seen from the same time period last year. With...
This guide will offer a state-by-state breakdown of the $25 billion federal rent assistance program, including details on: rental assistance eligibility, rental assistance applications, rental assistance FAQs, and other additional resources
The Atlanta ordinance is the latest in a rising tide of security deposit legislation sweeping the US, as legislators and apartment operators work to address rental housing affordability. So, what are the regulations of the Atlanta “renter’s choice” law, and what does it mean for the apartment housing industry? Watch...
Texas property owners and operators are navigating through an unprecedented climate with legislation on the eviction moratorium, rental assistance, and security deposits constantly changing. What are the biggest challenges facing Texas property owners and operators, and what do multifamily experts in the region have to say? Join Jeffery Lowry –...
Illinois property owners and operators are navigating through an unprecedented climate this leasing season. With new legislation around rental assistance and security deposits, what do these policies mean for multifamily in the Chicago region and Illinois as a whole? Our expert panel covers key concerns and challenges facing Illinois owners...
California lawmakers extended a statewide eviction moratorium through June 2021 and passed an emergency measure to deliver $2.6 billion in rent relief. Local jurisdictions in San Diego and Los Angeles have also passed their own eviction moratoriums. With strict rent control in cities like Santa Monica, and tightening security deposit...
Our industry experts share tips on how to budget around uncertainty and bad debt, with insights from top operators into their 2021 budget season process. Hear from budgeting pros, Christine Bright – former VP of Budgeting at RealPage, Yetta Tropper – Executive Director at PGIM Real Estate, and LeaseLock host...
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,...
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 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...
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,...
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....
