Residential brokerage Bold NY is taking its 11,000 rental apartments digital.
The company is partnering with Vero Leasing to process its Manhattan and Brooklyn exclusive apartment listings through Vero’s renter-friendly virtual leasing platform.
Vero CEO Lou Baugier commented, “Bold New York’s exceptional team understands that today’s real estate market looks significantly different from the real estate market of the past — and the adoption of digital-first leasing solutions is a key driver to approving and signing new renters faster and more securely than ever.”
Andrew Eagle, COO of Bold New York, said, “Having access to Vero’s purpose-built screening and leasing platform gives us access to critical financial and background data on all prospective renters in real-time. This means we can lease properties more quickly and confidently with a data-backed understanding of our owners’ exposure to risk.
“Organizations like ours are constantly looking to enhance operations with enterprise-level software and support to deliver as much value back to our customers — Vero helps us toward that goal.”
In January, Vero announced the close of its $3.2 million seed funding round, which was led by a group of venture capital firms including Builders VC, Bienville Capital, and Cogito Ventures.
Since its founding in 2018, Vero has worked to modernize leasing operations for property managers and owners by eliminating the need for paper applications and manual document transfers.
Vero’s platform has been adopted by multifamily real estate leaders, including Stonehenge, Property Markets Group, and Black Spruce.