MARINA DEL REY, Calif., Jan. 24, 2019 /PRNewswire/ -- LeaseLock, the only provider of a nationwide A-rated lease insurance program that eliminates security deposits in rental housing, today announced Todd Katler, CEO of Anyone Home, the premiere contact center and customer relationship management (CRM) solution for the rental housing market, has joined its Board of Directors.
In this role, he will leverage his vast industry acumen, on both the owner and operator sides, to serve as a key advisor to the company's multifamily enterprise strategy.
He will help guide the expansion of Zero Deposit properties across existing clients on the National Multifamily Housing Council Top 50 Apartment Owners and Managers ranking.
"We are beyond thrilled that Todd has agreed to share his talent, trusted relationships, and expertise with the LeaseLock team as we endeavor to launch this paradigm shift in how the apartment industry does business," said Reichen Kuhl, co-founder and CEO of LeaseLock. "His excitement to completely eliminate deposits and transform the industry for the better is infectious."
Katler has more than 15 years of experience in the apartment industry. During his tenures with BRE Properties and Level One, he gained a holistic understanding of how the industry operates, such as how to create operational efficiencies that successfully drive revenue and build market share.
"Our industry is driven by innovation, and LeaseLock is bringing something truly unique to both apartment operators and the residents we serve," said Katler. "The Zero Deposit insurtech solution will completely change how our industry operates. It will bring us out from an archaic and problematic security deposit system into one that drives traffic, converts more leases, improves affordability and better mitigates risk. These are key pillars of our operations that need radical change. I can't wait to help make our industry Zero Deposit."
With LeaseLock, renters simply pay a monthly fee, starting at $19, to waive the security deposit requirement. Multifamily properties are then insured for up to six times the monthly rent and damages. Residents save thousands of dollars at move-in while properties convert more leases with better protection against damage, skips and evictions. LeaseLock is the first nationwide Lease Insurance program, launching across 1 million apartment homes. Operators who have eliminated security deposits with LeaseLock include Avenue5 Residential, The Bainbridge Companies, ROCO Real Estate and Pinnacle Campus Living.
LeaseLock helps the world find "home." Powered by insurance and technology, LeaseLock is reinventing the way renters and properties transact - making it faster, simpler and more cost-effective.
Headquartered in Marina Del Rey, CA, LeaseLock eliminates deposits. Renters pay a monthly fee starting at $19 that insures the property for up to 6x rent and damages. LeaseLock is the first nationwide A-rated (Excellent) lease insurance program, launching across 1,000,000 apartment homes. In April 2018, the company secured a $10 million Series A funding from leading insurtech and real estate technology funds including Wildcat Venture Partners, Liberty Mutual Strategic Ventures, American Family Ventures and Moderne Ventures. For more information, please visit www.leaselock.com