NEW YORK–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/securitydepositalternative?src=hash” target=”_blank”gt;#securitydepositalternativelt;/agt;–Rose
Associates and Rhino
announced today that residents across Rose Associates’s 14,000+ unit
portfolio now have the option to sign up for Rhino and avoid paying a
large cash deposit security deposit and other upfront leasing
requirements. This new alternative to traditional security deposits will
allow residents to save thousands on upfront move-in costs.
Rhino is a real estate technology company that replaces large cash
security deposits and other upfront leasing requirements with a low-cost
insurance program. Renters pay just a small monthly fee, starting at
$3/month and landlords are covered for any damage or loss of rent that
occurs during the term of the lease. Rhino reimburses landlords directly
for valid claims and tenants are only responsible for avoidable damage
and unpaid rent.
“Rose is excited to offer Flexible Deposit Free Leasing with Rhino,”
said Amy Rose, President and CEO of Rose Associates. “We look forward to
working with Rhino to make renting more affordable and accessible across
our entire portfolio.”
“We are thrilled to partner with Rose Associates, who is one of the most
respected and influential owners in the Northeast” said Paraag Sarva,
Co-founder and CEO of Rhino. “Offering Rhino will make renting more
accessible for thousands of tenants – which is at the core of our
mission.”
About Rose Associates
Based in New York, Rose Associates is a developer, owner and operator of
premium residential properties. From planning a new development to
managing day-to-day property operations, the Rose 360 Platform offers a
full range of services designed to maximize the value of real estate.
The firm oversees more than 14,000 units across New York, with
approximately $2 billion in projects under development.
About Rhino
Rhino is a real estate technology company building solutions to make
renting easier for everyone involved. Rhino’s first solution replaces
security deposits and other upfront leasing requirements with a low-cost
insurance program. Renters pay just a small monthly fee, starting at
$3/month, instead of large cash security deposits. Learn more at sayrhino.com.
Contacts
Rhino Partnerships Team
[email protected]
