The 98 new ILUs are expected to be ready for occupancy in December 2019 and to achieve stabilized occupancy
by November 2021, with over 81% of depositors indicating a desire to move in within 90 days of unit readiness.
Although business interruption insurance policies are in effect, and these stores will generate income during the re-lease up period, the four wholly-owned stores have been removed from the Companys same store pool until they again attain stabilized occupancy
Was net operating income (NOI) based on current occupancy divided by the sale price or based on stabilized occupancy
divided by the sale price?
43 percent of this tenant pool to reach 94 percent stabilized occupancy
The building achieved stabilized occupancy
In this analysis, Axiometrics defines absorption in a market as the average number of units filled in a month at newly built properties that have not reached stabilized occupancy
of 90 percent.
Multiple challenges existed in structuring the deal, which included a limited, stabilized occupancy
history of 3 months, a market vacancy rate of approximately 17% and a limited equity position of 10% in the project.
At a stabilized occupancy
rate of 69 percent, the hotel is expected to accommodate 32,500 annual visitors.
Through its Fannie Mae program, Fishler said Capmark provided a structured, fixed-rate loan that enabled the borrower to take advantage of favorable rates while the property continues to lease up to a stabilized occupancy
Considering that turnover will continue while you are registering residents, you could need approximately 1,520 leads to initially fill 60 assisted living units to a stabilized occupancy
rate of 93 percent.
Property 50,000 square feet (sf) multitenant office building - 5 years old 95% Stabilized occupancy
0% Actual occupancy 1 year Forecasted lease-up time to reach stabilized occupancy
$10 psf Estimated Tenant Improvement (TI) costs per square foot 6% Total annual leasing commission cost 5 years Typical lease term $15 Gross rent per square foot (PSF) $5 Estimated expenses PSF 10% Estimated Overall Rate
This concept is very attractive to owners looking to defray expensive nursing costs, particularly during the ramp-up period, until stabilized occupancy