1. Class A New Construction Case Study By Justin Coleman

      RESULTS: JULY CLASS A NEW CONSTRUCTION   PROPERTY OVERVIEW: The subject property was a 132 unit class A community that began pre-leasing in early March for move-ins beginning in May. The property was struggling to generate qualified traffic and was having problems overcoming the price objection with the traffic that was qualified. CLASS was brought in to help accelerate the leasing activity. P…Read More

  2. July Class B Acquisition By Justin Coleman

      RESULTS: JULY CLASS B ACQUISITION   PROPERTY OVERVIEW: The subject property was a 514 unit class B community that had been recently purchased.  The property was struggling to generate qualified traffic, had high staff turn-over and did not have a great reputation.  CLASS was brought in to help accelerate the leasing activity.  Prior to the arrival of CLASS, the property was 65% occupied and…Read More

  3. Summer 2013 Results

    RESULTS: JUNE CLASS B LEASE-UP   PROPERTY OVERVIEW: The subject property was a 60 unit class B building that had recently undergone a rehab and name change.  The property was struggling to generate qualified traffic and had high staff turn-over.  CLASS was brought in to help accelerate the leasing activity.  Prior to the arrival of CLASS, the property was 48% occupied and had generated only 2 …Read More

  4. CLASS Leasing Case Study: Mid-Atlantic Class B Property

    PROPERTY OVERVIEW: The subject property was struggling to generate and close on qualified traffic.  Prior to the arrival of CLASS, the property had secured 10 move-ins in a 90 day period.  The property was sitting at 75% occupancy with rents averaging $787.00/unit.  The owner enlisted the help of CLASS in order to increase the occupancy. STRATEGY: CLASS recognized that the property needed to im…Read More

  5. The CLASS Difference

    The subject property is a by-the-bed student property in Texas. In 2012, the property was leasing at an average rate of about 18 leases per week. CLASS was brought in to accelerate the lease up and increase preleasing numbers. Throughout April 2013 CLASS, together with the onsite staff, leased at an average rate of 30 leases per week.   Over the course of 30 days, CLASS leased 121 bed spaces…Read More

  6. Case Study. April 2013 Student Property

    PROPERTY OVERVIEW: The subject property was built in 1967 as a college dormitory and converted to “by the bed” student housing in the late 1980s.  The property was located in an extremely saturated market and was unable to put together a strong marketing push, due to an agreement all apartment communities in the area had with the University.  The property was also losing a majority of potent…Read More

  7. Multifamily Leasing Case Study: Rehab Property

    PROPERTY OVERVIEW: The subject was a distressed property located outside of Cincinnati, Ohio.  The property had a terrible reputation for crime and gang activity and was poorly managed.  The asset was acquired by a local company that invested a significant amount of capital for both an interior and exterior renovation.  The property underwent a name change and built a new leasing office. The fi…Read More

  8. Case Study: class A, new construction lease-up

    PROPERTY OVERVIEW: The subject property was a luxury community in the Pacific North West newly constructed in October 2012. As the result of constant construction setbacks the certificate of occupancy was delayed, causing the property to experience a loss of leasing momentum. Furthermore, complications with the onsite staff left the property without the necessary focus it needed to concentrate o…Read More

  9. Student Housing Case Study

      PROPERTY OVERVIEW: The subject property was built in 2010 as a “by the bed” student property in an extremely saturated market.  The property was located further from the campus than all of the competitors, which in turn led to a lack of qualified student traffic.  A majority of the prospects that toured the property were looking for a price point well below the asking rents for the co…Read More