Rental Rewards Company Stake Names New President | Inman

Natalie Cariola joins Stake after serving as a C-level govt at Zumper for the previous 6 years, the corporate completely instructed Inman. “I’m excited to carry Stake’s win-win answer to communities and renters throughout the nation.”

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Rental reward firm Stake has named an trade veteran as its new president, the corporate instructed Inman in an unique announcement. 

Natalie Cariola joins Stake after serving as chief gross sales officer and adviser on the rental market Zumper.

“Natalie’s information of the market, observe document of scaling corporations, and mission-driven ardour make her the right particular person to drive large adoption in communities throughout the nation,” stated Rowland Hobbs, Stake’s founder and CEO. “Immediately’s renters don’t need hard-to-use factors they usually don’t need extra debt — and homeowners and operators don’t need to handle a slew of various facilities and concessions for his or her renters.”

Cariola has been with Zumper for six years whereas the corporate grew quickly. Earlier than becoming a member of Zumper, she labored in technique and operations for Compass and for, which was later acquired by CoStar.

Stake President Natalie Cariola

Stake is considered one of a handful of corporations working within the rental rewards area. Property managers working with the corporate present renters with incentives — together with money — for loyalty and well timed funds.

In return, Stake says it may well drive up occupancy charges and total internet working revenue for the buildings. Homeowners and operators may get monetary savings by Stake’s applications, the corporate stated. 

“I’m excited to carry Stake’s win-win answer to communities and renters throughout the nation,” Cariola stated. “Stake gives homeowners and operators a strategy to appeal to and retain nice residents whereas making renting extra equitable; I hardly ever see an answer that so clearly advantages each side.” 

Stake now serves over 40,000 models. Property managers earn a $2.14 return on each greenback spent on Stake, the corporate stated, and practically two-thirds of renters have extra money of their Stake accounts than their financial institution accounts. 

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