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Apartment Community 1
+12% increased renewal rate
Unit count: 286
Phase: Lease up
Cobu adoption: 86%
Increase retention with community building
With Cobu, now you can deliver higher retention, better NOI, more Google reviews, and resident engagement insights. All while creating a more valuable asset.
Hear directly from our customers
We sat down with our customers to discuss how they:
- Leverage Cobu features like Google review outreach, content moderation, and event RSVPs to drive business results
- Built strong communities that residents don't want to leave
- Onboarded with Cobu, and what their experience has been since the beginning
Community building supports resident retention.
When multifamily apartment residents are lonely and isolated, they're less likely to renew their lease. Turnover costs you time and (a lot of) money.
Community combats loneliness and improves your bottom line through increased retention.
53% of residents don't have any friends in their apartment community.
Source: Cobu
Having one friend can increase the likelihood to renew a lease by 9%.
Source: Witten Advisors
Our platform is proven to increase resident retention by up to 17%.
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