This 808-unit property was being sold and the owner needed to get occupancy up to 95% by February 22, 2017, for the transaction criteria to be met. Having worked with Sales, Inc. before, the owner knew that we would secure the numbers they needed so they could focus on other items relevant to the sale.
The client saw a 49% increase in applications and an 86% in approvals which enabled the sale to close as planned.
Key Facts
| SALES, INC. START DATE
10/31/2016 |
SALES, INC. END DATE
2/21/2017 |
|---|---|
| Vacants: 109 | Remaining Vacants: 24 |
| On Notice: 50 | On Notice: 6 |
SALES, INC. Results
Total # of leasing days: 98
Total # of leases: 268
| PREVIOUS 30 DAY AVG | SALES, INC. 30 DAY AVG |
|---|---|
| Applications Taken: 49 | Applications Taken: 73 |
| Approved Applications: 29 | Approved Applications: 54 |
The Sales Inc. Difference:
49% INCREASE in Applications Taken
86% INCREASE in Applications Approved
