Frequently Asked Questions

RBW Property Group

RBW Property Group Frequently Asked Questions

What we do:

Provide guaranteed lease payments from an account established by a tenant or guarantor over the term of a lease by establishing a bank that automatically pays the property owner.

How does it work:
We receive funds from a tenant or lease guarantor equal to the total amount of rent payments over the term of the lease. Those funds are held locally in a Boston bank for the benefit of the property owner and payments are automated over the term of the lease.

Who pays for this service?
We are hired and paid by the tenant or lease guarantor. 

How does this benefit the Landlord?
The property owner has the security of knowing the funds to guarantee the rent payments are held in an account specific to the lease. These funds are not commingled with any other funds and are specific to the subject lease. We automate the lease payments for the term of the lease. 

How does this benefit the tenant?
This allows prospective tenants with guarantors more flexibility in securing leases from property owners who traditionally require local guarantors.

What is the fee?
The tenant or lease guarantor pays a one-time upfront fee equal to 7.5% of the lease total.

Are you guaranteeing the lease?
No. We are guaranteeing rent payments on behalf of the tenant/lease guarantor.  

Who is your client?
The tenant or lease guarantor. 

Where are the lease payment funds held?
We bank with First Republic Bank in Boston. For each lease, we establish an individual account for the protection of the Landlord.