100 Achieves Unprecedented Growth as a Preferred Partner for Multiple NMHC Top 50 Firms

100 Achieves Major Milestones in Multifamily Real Estate

In a significant development within the multifamily real estate sector, 100 continues to demonstrate rapid growth and innovation. Recently, the company announced that it has been selected as a Preferred Partner by several leading firms on the National Multifamily Housing Council (NMHC) Top 50 list, including prominent players such as Asset Living, Knightvest Residential, and RAM Partners. This accolade reflects the trust that major operators are placing in 100's unique offerings.

The company's evolution has also been punctuated by its strategic acquisition of Cobblestone, a sophisticated fintech platform specializing in fraud detection and income verification. With rental fraud reaching alarming levels—93% of NMHC members faced it in just one year—100's new capabilities have the potential to create substantial improvements in application processing and rental security. In 2025, the FBI reported a staggering $275 million in losses attributed to rental fraud, underscoring the urgent need for effective solutions in this space.

As 100 enhances its platform, clients are already witnessing remarkable improvements. Reports indicate that application processing speeds have soared by 67%, a significant achievement that directly addresses concerns over fraudulent applications and bad debt—issues that have historically challenged multifamily operators.

Caren Maio, the CEO and Co-Founder of 100, emphasizes the importance of these advancements, stating, “Our partners believed in our vision, and together we've proven that trust and speed can coexist.” The results of 100’s innovative approach not only highlight the effectiveness of its product but also mark a paradigm shift in the rental process, prioritizing speed and reliability.

Adding further capabilities to the business, the acquisition of Cobblestone brings an impressive technological advantage to 100. Cobblestone's founders, Jason Scharff and Jack Mastrangelo, bring a wealth of experience from building top-notch financial underwriting systems, which will only bolster 100's innovative mission. By integrating advanced data analytics and AI-driven income verification, 100 is positioned to redefine standards in the multifamily industry.

This strategic acquisition not only aligns with 100’s growth objectives but also supports its overarching goal of enhancing decision-making for multifamily operators. Scharff expresses confidence in the move, noting, “100 is already category-defining. By combining our underwriting insights with 100's platform, we are set to drive smarter decision-making across the industry.”

100's momentum is demonstrated not just in these partnerships and acquisitions but in its impressive financial trajectory. Since its inception, the company has seen an average revenue growth of 25% each month, making waves as one of the fastest-growing companies in the PropTech space. This remarkable ascent underscores the potential for technology to reshape the multifamily landscape effectively.

For multifamily operators looking to combat fraud and enhance their application processes, 100 represents a promising partner. Its commitment to creating a safer, faster, and more efficient rental application experience is indicative of the future direction for this industry.

Visit get100.com for more information on how 100 is changing the multifamily housing market.