.svg)
Read Properties uses Cosign to fill more units
+$4m
In annual rental revenue generated
+11%
Increase in conversion rate from applicant to resident
.svg)
.avif)
“Across markets, Cosign helps us approve qualified renters faster - without slowing down operations or exposing us to risk.”
Josh Gold
Asset Management, Read Property Group
.avif)
Challenge
Fill more units in a stabilized portfolio
Read Property Group consistently operates at +/- 1% of fully stabilized target occupancy and was looking for a tool to help meet rent growth targets.
Across a portfolio of +20,000 multifamily units, 150bps of rent growth can represent >$4m in rental revenue. Continuing to maximize the value of units in the face of a slowing macro environment was a top priority for 2024.
Results
Cosign stimulates demand
Cosign helped Read Property Group unlock more revenue from a stabilized portfolio. With a quick rollout and minimal training, their teams began converting more applicants into approved residents—without disrupting operations.
.svg)
.svg)
Conclusion
Cosign turns conditionally approved applicants into lease-ready residents, increasing revenue and standing behind the renters we help qualify.
.svg)
Tenant Screening
What to look for when screening rental applicants: A modern guide for property managers
.avif)
Revenue Optimization & NOI
