Background

B.HOM Student Living has 75+ years of experience managing 30,000 beds nationally near 26 universities across 17 states. At the onset of COVID-19, states enforced lockdowns and many schools switched to remote learning, creating an uncertain environment for student housing owners/operators.

B.HOM needed to find a way to:

  • Boost lease conversion

  • Reduce move-in costs for students

  • Protect their properties

The solution

B.HOM partnered with TheGuarantors to increase access and reduce move-in costs for students, all while increasing its own risk protection. Without any increase to B.HOM’s operating expenses.

With TheGuarantors’ service, B.HOM’s investments remain protected, even amid uncertainty. TheGuarantors was able to quickly onboard 30 B.HOM communities nationally using local partner success managers across the country.

The results

  • $13M+ in rent and deposits secured

  • 1,800 leases guaranteed

  • 1,400 security deposits replaced

  • 24-hour property onboarding and program rollout

By leveraging TheGuarantors’ rent and deposit coverage products, B.HOM was able to improve student lease conversions and enhance their protection without additional costs. TheGuarantors’ innovative solutions helped students qualify for housing and ensured B.HOM’s properties were safeguarded against missed rent, vacancy loss, and lease breaks.

Ready to experience the same success as B.HOM? Chat with our team and discover how TheGuarantors can help you say yes to more students with smarter rental coverage. Protect your assets from no-shows, lease breaks, and damages, while leasing more efficiently—without the hassle of chasing down guarantors.