Sentences with phrase «effective rent per»

Asset Class Determines the class of properties based on the average effective rent per unit of each property.

Not exact matches

Effective rents, or what tenants pay after landlord incentives such as a free month are included, rose to $ 22.72 per square foot from $ 22.66 in the first quarter and $ 22.27 a year earlier, Reis said.

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.

In Midtown, Class - A effective rents approached $ 83.74 per sq. ft. at the end of September, up from $ 77.07 per sq. ft. just 12 months earlier.

Effective rents, meanwhile, declined slightly to $ 17.57 per sq. ft. in the third quarter from $ 17.60 in the second quarter, the second straight quarterly decline.

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.

Buoyed by tight vacancy, Manhattan - based real estate consulting firm Reis projects that average effective rents will register $ 24.57 per sq. ft. in 2007, up 10.4 % for the year.

At the same time, effective rents have dropped about 5 % from their 2009 peak and are currently pegged at $ 41.43 per sq. ft.

Reflecting landlords» ability to offer fewer perks to lure tenants, such as months of free rent, the average effective rent rose 0.9 percent, to $ 1,041 per month.

Stripping away months of free rent and other perks designed to lure or retain tenants, effective rent rose to $ 1,018 per month, up 0.9 percent, the largest increase since the first quarter 2008, Reis said.

Similar to the idea behind effective rent growth, the effective rent / bed is calculated by subtracting concessions from the asking rent per bed.

Evaluate a property's unit mix, asking and effective rent by bed, and concession values per floor plan.

Nationally, effective rent levels averaged $ 641 per bed for Fall 2017, up 1.9 % from Fall 2016.

Effective rents will likely go up 5.8 percent, to $ 1,802 per sq. ft.

Effective office rents averaged approximately $ 30.12 per sq. ft.

Effective rent, which factors in months of free rent and other perks landlords offer to keep or attract tenants, rose 0.4 percent to $ 16.75 per square foot, up just 1.1 percent year over year.