Occupancy Series
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The Architecture of Price: Ignite Amenity Value
In the multifamily industry, revenue strategy is often treated as a single number. But to truly drive Revenue Intelligence with Velocity, you must deconstruct the rent composition and price amenity value accurately. Apartment Unit Rent is fundamentally derived from two components: To accelerate results, you cannot treat these interchangeably. You must first secure your foundation…
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The Value of a Dollar Changes: Your Base Rent Strategy
Value is truly in the eye of the beholder. I have seen many lease-ups where a certain floor plan was to drive rent collected because of how amazing it was. Or, acquisition properties where the internal underwriting team was convinced their projected rents were accurate. Even suggesting a 2 bed 1 bath could be priced…
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The Time you are Holding Apartments Vacant is Wrong
The next hurdle to successfully managing your vacancy and stabilizing your occupancy is your Hold Time Management. Hold times are critically important because they are directly holding your revenue back by keeping apartment units unoccupied. The time you are holding apartments vacant is costing revenue. The Strategic Mandate for Hold Time Optimization Each property has…
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Why Your Seasonality Data is Now Obsolete
One of the fundamental pillars of revenue management has always been the predictable shape of demand. We have taken for granted that while the magnitude of demand changes during economic upswings and downturns the seasonal pattern itself remains constant. Until Post-Covid. In this modern market, your old assumptions are costing you revenue. The data shows…
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Unstable Occupancy is Killing your Revenue, Fix it for Good!
Stop guessing and start understanding – Why Your Unstable Occupancy is Killing Revenue When it comes to accelerated revenue creation, only two metrics have a massive, immediate impact: Rent Growth and Occupancy. While Rent Growth is generally straightforward to troubleshoot— a simple look at the prior lease amount versus the new lease amount, even factoring…