NEW YORK--(BUSINESS WIRE)--Obligo, the fintech company that builds trust between renters and landlords with its holistic suite of deposit solutions, today announced the recipients of its second annual Renter's Trust Awards, which recognizes property management partners that have treated their renters fairly and achieved positive sentiment at move-out.
As Obligo reconciles any balance owed at move-out, it also asks renters to record their sentiment for each security deposit deduction. The award winners were determined primarily based on this data point, which represents the level of trust between property owners and renters.
Renters who experienced no deposit deductions, or who chose to renew their lease, were also factored into the score. For statistical quality, only operators with over 12 months of activity across at least 200 units on the Obligo platform were considered. The following recipients were awarded:
Multifamily Operators:
- Olshan Properties
- J&L Holding Corporation
- Roomrs
- Beam Living
- AIR Communities
- Adam America Real Estate
- Patoma
- Aya
- Common
- Venn
- Landmark Communities
- Anew Apartments
Single Family Operators:
- Asset Hero Property Management
- Atlas Property Management
- EquityTeam
- Partners Real Estate
- RentWerx
- RPM Pros
- SCUDO
- The Realty Medics
“We love partnering with Obligo to give our residents the best of technology: ease and flexibility,” said Margot Phillips, Residential Leasing Managers at Olshan Properties. “Thanks to the entire Obligo team for helping us power a better rental experience!”
"Trust and technology are two of the most important aspects of a great rental experience," said Sarah Dwyer, VP of Operations at Asset Hero, a single-family property management company in Texas. “Obligo helps us provide both and we’re thrilled to receive the Renter's Trust Award for a second consecutive year.”
Obligo’s holistic product suite powers a trusted and streamlined rental experience that benefits both renters and landlords. Using Open Banking data and AI, Obligo determines a renter's eligibility to rent deposit-free. Renters then make their move-in payments online, including a traditional security deposit, if needed. At move-out, Obligo handles any end-of-lease deductions, refunding of deposits, and billing the renter for any open charges.
“As part of our mission to build trust between landlords and renters, it's important that we recognize partners who provide an outstanding rental experience," said Roey Dor, CEO at Obligo. "Congratulations to the winners and I look forward to seeing additional names on the list next year."
Following its Series B funding round, Obligo has now raised over $50 million in the last year and looks to bring its industry-changing rental solutions to millions of homes across the United States.
Obligo has partnered with over 100 tech-forward U.S. property owners and managers including AIR, Beam Living (StuyTown) and Common. Landlords and property managers use Obligo to simplify their move-in process, comply with the ever-changing regulatory landscape, and make their listings more appealing to renters.
About Obligo
Obligo harnesses financial technology to build trust between renters and landlords, making the rental process as simple as checking in and out of a hotel. In 2018, brothers Roey and Omri Dor founded Obligo as a holistic product suite to streamline rental owners’ operations, boost their bottom line, power a superior rental experience, and comply with ever-changing regulations.
Obligo’s solution suite today includes free certified electronic move-in payments, a flexible credit-backed deposit alternative, and automated electronic deposit refunds, complemented by powerful integrations with industry leading software. For more information, visit myobligo.com.
