Real estate investment in Class B multifamily properties offers a balanced opportunity, striking a chord between quality and affordability. However, it’s essential for asset holders to be aware of the unique challenges that come with leasing these properties. In this article, we will explore the potential hurdles that owners may encounter and discuss effective strategies to […]
Leasing agents are the face of a multifamily property, responsible for attracting and retaining residents, negotiating lease terms, and providing excellent customer service. A great leasing agent can make a significant difference in the performance and profitability of a property, as well as the satisfaction and loyalty of the residents. But what are the skills […]
As the demand for student housing continues to rise, property owners should be constantly seeking ways to enhance the living experience for students and break away from the competition. According to Multifamily Housing News, by “March 2023, the preleasing rate for the fall 2023 term at Yardi 200 universities stood at 69.7%, up 7.8% yoy.” […]
Every day you think there’s a better option than calling Sales, Inc. on your struggling property, is a day you’ve missed a significant increase in leases. On a student property we arrived at less than 30 days ago in Tucson, our Leasing Expert has literally doubled the number of apps. He’s taken 2.4 apps per day, compared […]
So, here’s an email I got last week….. [The Property] had a great week last week ending with 23 Net leases and we captured another 8 net leases this weekend. February renewals ended with 70% renewed and March renewals are still coming in currently at 54%. We ended February with 84% occupancy and the team […]
