The lease-up phase is one of the most critical times for any apartment development. It’s the final hurdle between a developer and a successful, cash flowing property. While there’s a lot of focus on marketing campaigns, model units, and community events during this...
Managing a multi-unit property sounds like a straightforward path to wealth, but when it’s shared among numerous heirs across generations, it becomes anything but simple. As founders pass away, their legacy of buildings often falls into the hands of second and...
The true value of your apartment building is determined by market forces, not by a broker’s promises. Factors such as supply and demand, rental income, cap rates, location, and investor trends play a crucial role in establishing your property’s worth. While some...
Why Offering Free Rent During Lease-up Can Hurt Your Investment: A Better Approach for Apartment Developers We’ve noticed a growing trend among apartment developers—offering “one month free rent” to attract more tenants and boost lease-up activity....
When designing your apartment building, your target renter’s arrival experience is crucial in driving higher rents. Which of these two buildings do you think is attaining more rent?: The Four Factors that Drive Rent are: Location Unit Design &...
