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Foxen and NetVendor Announce Strategic PartnershipCompliance leaders deliver complete vendor and resident risk solutions with exclusive benefits for multifamily operators COLUMBUS, Ohio, June 11, 2026 /PRNewswire/ -- Foxen, a leader in multifamily solutions that reduce risk and build financial wellness for owners, operators and their renters, today announced a strategic partnership with NetVendor, the leader in compliance-led vendor management for multifamily portfolios. Together, the two platforms give operators complete insurance compliance across property-related resident liability and vendor credentialing, two areas where gaps most often translate into direct financial exposure.
Quick Facts
Why Multifamily Operators Need Both Multifamily operators manage risk on two distinct fronts: every vendor without current credentials is a liability waiting to materialize, and every resident without adequate renters insurance is a financial exposure. Until now, operators have had to settle for a shallow combined solution or completely separate workflows — creating persistent compliance gaps that cut into NOI and burden staff. "Resident compliance and vendor compliance are two sides of the same risk equation, and until now, operators have had to manage them separately or settle for a less robust combined solution," said Kevin Jacobson, CEO of Foxen. "Foxen and NetVendor have each built the leading latforms in our respective categories. This partnership means our customers can get the support they need from experts in both areas and completely close related compliance gaps." What Are the Benefits of the Partnership? Foxen's AI-driven platform monitors renters insurance status in real time and auto-enrolls non-compliant residents into a property damage liability waiver program. NetVendor's platform verifies vendor credentials before anyone sets foot on a property, with licensed insurance experts and automated monitoring across the industry's largest vendor network. "The answer isn't always fewer tools — it's better ones," said Dave Cooper, CEO of NetVendor. "Bringing these two platforms together gives operators something the market hasn't offered before: complete risk coverage without compromise." Together, the platforms eliminate the two most common and costly compliance failures: the lapsed resident policy that surfaces as a property damage claim, and the uninsured vendor who arrives on site without a current COI. Exclusive Networking Council Membership for Mutual Customers Operators who deploy both solutions will be invited to join an exclusive council that includes networking opportunities, virtual and live events with industry experts, access to executives at both companies and more. "Foxen and NetVendor are two solutions that have saved our teams significant time while strengthening compliance across the portfolio," said Joe McDiffitt, Managing Director of Property Management at Coastal Ridge Real Estate. "This partnership brings together best-in-class resident and vendor compliance tools that integrate with the systems we already use every day. Having both sides of the compliance equation covered helps close operational and risk gaps that have historically been difficult to eliminate." Operators interested in learning more about the partnership should join a virtual event hosted by Foxen and NetVendor on Tuesday, August 4, at 11:30 AM EST for more details. Frequently Asked Questions What compliance risks does this partnership address? Does deploying both platforms require new software integrations? Why does this partnership matter now? About Foxen About NetVendor Contact
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