03/03/2026
We’re thrilled to announce that Spaxel has officially partnered with Whale to bring a modern, renter-friendly security deposit experience to The Hills at East Cobb.
Spaxel is known for leveraging "bleeding-edge" technology to redefine the resident experience. By launching Whale at this premier 266-unit community, they are doing exactly that, eliminating the old-school headache of paper checks and replacing it with a digital-first financial amenity.
What does this mean for residents at The Hills at East Cobb?
Keep Your Cash: Instead of handing over a large check that sits idle, your deposit stays in your own lockable, FDIC-insured account.
Earn While You Rent: Residents can now earn up to 2.50% (APY) on their security deposit—that's 7x the national average.
Instant Returns: Move-out day just got easier. Once the process is finalized, funds are unlocked instantly—no more waiting weeks for a check in the mail.
For the team at Spaxel, this partnership cuts out 92% of the manual work associated with deposits, from tracking return deadlines to mailing envelopes. It’s a true win-win that lets property managers focus on people, not paperwork.
Advisory services offered through Whale; accounts held at Alpaca.