Renewal conversion is the percentage of expiring leases that result in a signed renewal. Renewal Conversion Rate = Leases Renewed ÷ Total Leases Expiring
Break-even occupancy is the level of rental revenue a multifamily property needs to cover the operating expenses and debt included in the calculation.
Hurricane season runs from June 1 through November 30, but preparation should begin well before a storm. For multifamily operators in hurricane-prone markets,
Top multifamily leasing tips. Multifamily leasing performance is improving in many markets, but stronger demand does not eliminate the need for execution.
Build to rent refers to residential housing that is purpose-built for long-term rental rather than for individual sale, typically consist of single-family homes
How to implement AI Into your operations: audit Your current workflows, identify the highest-value use cases, evaluate data quality before selecting tools
