Sentences with phrase «effective rent also»
Effective Rent Also known as «net rent,» effective rent is the price at which a particular unit (or set of units) leases after factoring in all concessions and discounts, and is calculated over the lease period.
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The average effective rent also shows positive growth over the past year, rising 1.6 % from $ 964 per unit in 2009 to $ 980 in the third quarter of 2010, according to Reis.
According to the Reis data, asking rents climbed 0.8 percent to $ 19.21 per square foot in the second quarter and effective rents also grew 0.8 percent to $ 17.42 per square foot.
Effective rents also fell in the suburbs, particularly in Lake and DuPage Counties, where landlords did so - called negative rent deals, in which the value of concessions exceeds the rental income.
Tenants» effective rents also include operating expenses and property taxes, which raise the occupancy cost.
Not exact matches
In conclusion, Labor has long recognised that an effective competition policy is at the heart of a well functioning economy, but it's also at the heart of a fair society that protects the interests of consumers over rent - seeking monopolists.
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«But to be effective in preserving affordable housing, New York must also strengthen state rent protections by repealing vacancy destabilization.
Also known as kibbles, dry food is the most convenient and cost - effective form of dog food and hence, the most popular choice among paw - rents.
Enterprise Rent - A-Car — whose parent company Enterprise Holdings also operates Alamo and National rental car companies — also made a Twitter announcement late Thursday that it was ending discounts to NRA members, effective March 26.
Property Management — Duties & Responsibilities Coordinate regular maintenance and repairs as well as emergency resolution through the efficient management of maintenance team and general / sub-contractors, also participating in restoration and renovation projects to ensure timely completion within designated budgets Develop annual property budget and monitor with monthly variance reports, preparing financial statements and various regular and ad - hoc reports on property status, including occupancy rates and lease expirations Provide relevant oversight and administration to tenant build - outs, utility service termination and transfer, supply purchasing, and building consolidation processes Support firm management to aid in effective customer service, maintenance, and general property operations, delegating important tasks and assignments while overseeing all critical management aspects Organize, manage, and execute all aspects of the lease process, facilitating the ease of operational aspects as well as price / term negotiations, rental agreement reviews, rent collection, impounds, and tenant eviction as necessary Generate increased revenue through tenant referrals as well as consistent lease renewals through effective service and timely issue resolution Identify and develop talent among hired staff and property personnel, utilizing focused training efforts within a performance - based work environment designed to utilize the critical strengths of assistants, supervisors, and techs Provide continuous assessment of property usage and needs, while furnishing oversight and guidance regarding effective preventative maintenance programs, renovation considerations, and cost reduction / control measures Maintain a strong working knowledge of the leasing property, respective marketplace, and general economic trends Act as a liaison between clients, vendors, sales personnel, support staff, and senior management to facilitate information flow and drive operational efficiency
Greater Cleveland also has a high effective gross yield (EGY), which factors local prices, rents and taxes into rental yield, at 13.0 percent.
Hanoi has also started to catch up with significant improvements in net effective rents and occupancy rates for Grade A and B buildings.
«Douglas Elliman Real Estate February Rental Market Report also showed record or near - record landlord concessions and declining net effective rents across all three boroughs.