stabilized occupancy

stabilized occupancy

The occupancy levels reached by a new property after the initial lease-up period, and that are reasonably expected to continue into the future with the proper marketing, management,and maintenance.Conventional wisdom says that stabilized occupancies in excess of 90 or 95 percent are not good,but merely indicate a failure to charge enough rent.

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"The owners of The Berkeley at Waypointe and Quincy Lofts plan to continue managing the multi-family portion of the properties, which have reached stabilized occupancy, while leasing the remaining vacancy in the retail space at The Berkeley," said Gaccione.
The Debtor's appraiser--who had previously appraised the hotel in 2013 on behalf of the Bank when it refinanced the debt on the property-- projected somewhat higher stabilized occupancy and lower expenses than the Bank's appraiser.
STABILIZED OCCUPANCY: Though not expected based on its current trajectory, a major deviation from Messiah Lifeways' planned fill-up for Project Envision could lead to negative rating pressure.
The facility's below-market rents offer upside potential while providing the facility with a long history of stabilized occupancy. The land also provides a future expansion opportunity for covered RV and boat storage.
Stevens joins the executive leadership team of the first and longest running 501c3 charity in Illinois, following the completion and stabilized occupancy of its' innovative and award winning new memory care residence, the Caledonian House.
We anticipate that we will have the opportunity to do significant leasing in the property portfolio during 2018 and 2019 with the objective of achieving 92% to 94% stabilized occupancy. While some of the leasing to be done is rollover space from existing tenant lease expirations, a large amount is associated with value-add opportunities that exist in currently vacant space in many of our recently acquired urban-infill properties.
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.
The building achieved stabilized occupancy in mid-2015.
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.
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.
Looking forward, the PKF-HR/TWR Hotel Outlook forecast model projects stabilized occupancy rates and moderate gains in ADR for the foreseeable future.

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