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oomUnity, a vertically-integrated real estate firm, has finalized its Premium Lock transaction across its US rental portfolio. This deal secures long-term visibility into future insurance pricing and provides meaningful downside protection for the company. The Premium Lock product, sold by Eventual, an insurance technology company based in New York City, enables multi-year insurance pricing predictability for real estate owners and operators.
In response to potentially escalating climate events and uncertainties in global trade, RoomUnity undertook a comprehensive effort to mitigate its portfolio from potential cost inflation. The transaction with Eventual provides a strategic mechanism to lock in insurance premium thresholds, insulating RoomUnity's operations from potential future premium spikes.
"We accelerated our efforts to protect our portfolio from inflation when the tariff news broke," said Yoon Lee, Founder at RoomUnity. "Eventual's Premium Lock solution allows us to continue pursuing our mission of more energy-efficient and environmentally sustainable properties."
This transaction with RoomUnity illustrates a growing theme in American real estate: owners seeking tools for better long-term operating and underwriting predictability amidst climate, macroeconomic, and regulatory uncertainty.
RoomUnity is a tech-enabled housing brand that specializes in creating community-oriented living spaces. The company provides free flatmate introductions and sustainable, furnished housing. King's Gate, RoomUnity's parent firm, has capabilities in real estate investment, management, and advisory with a diverse portfolio in the US and Asia.
Eventual is an insurance technology company making American real estate owners more financially resilient to new climate risks. The company's flagship Premium Lock product addresses recent insurance volatility by predicting multi-year insurance escalations for every address in America.
