Career
After being denied housing in New York City because he did not earn the requisite 80x the monthly rent to live at a certain property, Reichen co-founded LeaseLock, the first and only nationwide “Lease Insurance” program, a type of insurance that did not exist prior to LeaseLock. While helping people at all rent-levels qualify for housing they could truly afford, his solution was also ultimately designed to protect and provide countless benefits to landlords as well.
LeaseLock eliminates the single largest source of friction related to a residential lease transaction- security deposits- which helps the multifamily industry convert more leases, drive more revenue, and eliminate rent payment loss, property damage liability, costs for physical damage, and even “turn” cost expenses.
LeaseLock is trusted by property owners and managers in over 1,000,000 units nationwide and is powered by insurance rated: A (Excellent) by A.M. Best.
