Blog
Here are a few Leasing Specialists who deserve some recognition for their EXCELLENT work this past week. Victoria Enchill. Victoria came into an urban community in Southern Chicago that was having a very hard time getting qualified traffic through the doors. Through her marketing efforts and continuous outreach, Victoria was able to drive more…
Read MoreTime and time again, CLASS has proven to be the perfect complement to interim financing on new acquisitions. A bridge loan may be the perfect lending vehicle to help secure underperforming or unstabilized assets, however it leaves the owner in a precarious situation during lease-up. Many of these properties are experiencing high delinquency rates and…
Read MoreLooking out the window of my flight into Atlanta the other day, I was struck by the massive amounts of unfinished subdivisions and what they can mean for the future of Multifamily. In the Atlanta area alone, there are over 1,500 unfinished subdivisions representing tens of thousands of vacant lots. With the basic infrastructure…
Read MoreWhy do people only ask about price when inquiring about an apartment? The most likely answer is that leasing consultants have conditioned them to do so. When someone is only giving out a price or special over the phone, we are telling our prospects that price is the most important factor in choosing an apartment. …
Read MoreAt the NAA Student Housing Conference and Expo this year, a game of Family Feud was put together pitting five University of Las Vegas students versus five parents from that school in the ultimate showdown of student housing. The responses to the game were based upon “11,195 college students and 3,605 parents from 159…
Read MoreProperty overview: New construction class A property in an extremely saturated Jacksonville FL. market. The property was located in a less then desirable location which led to under qualified traffic. A majority of the prospects that toured were looking for a price point well below the asking rents for the community. For the past 90…
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