How to safeguard against rent fraud in multifamily properties
Description
Rental fraud among Class A multifamily properties is not only growing, but also becoming increasingly sophisticated, leaving a detrimental impact on both luxury and affordable rental units. Surprisingly, despite its high cost for owners and developers, very few have implemented a comprehensive plan to combat risk, despite acknowledging its significance as a top priority for their business.
In this episode of Trends & Insights, JLL Multifamily Senior Vice President Mendowa Martin and Yardi Systems’ Kent Simpson dive deep into the increasingly sophisticated world of rental fraud. They highlight the importance of having a rock-solid strategy, well-trained onsite team education, trusted technology partners and more. Unravel how Class A multifamily owners and developers are combating fraud, maintaining smooth workflows for genuine customers and mitigating any unintended consequences.
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