News:
Brokerage
Posted: January 22, 2019
Oxford Property Group and Rhino partner to launch rental search tool
New York, NY Oxford Property Group and Rhino have launched a new deposit-free search tool that allows prospective renters and their brokers to search for exclusive deposit-free listings through Oxford Property’s own online search tools.
Already several top New York City building owners and asset managers have signed on to use the service with tenants who include: Brodsky Organization, Glenwood, First Service Residential, L+M Development Partners, Stonehenge and The Moinian Group.
“This new search tool allows prospective renters and their brokers to easily identify deposit-free listings,” said Adam Mahfouda CEO of Oxford Property Group, who says many of the growing brokerage’s 500 agents are using the new tool that replaces large cash security deposits and other upfront leasing requirements with a low-cost insurance program.
Through Rhino, a real estate technology firm, renters pay just a small monthly fee, starting at $5/month and landlords are covered for any damage or loss of rent that occurs during the term of the lease. Rhino, reimburses landlords directly for valid claims and tenants are only responsible for avoidable damage and unpaid rent. This new deposit-free search tool connects prospective renters directly to Rhino’s deposit-free listings, making it one step easier to rent deposit-free.
“In our ongoing efforts to invest and build technology to help agents and clients, we are seeking new innovative ways to improve the rental process,” said Mahfouda. “The partnership signifies a major step toward the continued adoption of new tech-enabled solutions to modernize New York City’s current renting system.”
“We’ve always felt the right way to build our business is through collaboration and active participation from renters, landlords, and brokers,” said Paraag Sarva, Rhino co-founder, and CEO.
“As a firm with a keen interest in technology and innovation in the brokerage space, we are excited to partner with Oxford Property Group through Rhino’s API Partnership Program,” said Sarva.
Tags:
Brokerage
MORE FROM Brokerage
SoHo emerges as America’s most active trophy retail market as investors prioritize quality, Adirondack Capital Partners finds
Manhattan, NY Investors are increasingly concentrating capital in the country’s most coveted retail corridors, with SoHo emerging as the nation’s most active trophy retail market,
Quick Hits
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
A fresh start - by Shallini Mehra and Amit Doshi
For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman
July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,
