Sentences with phrase «higher quality of tenant»
Strategic upgrades like stainless steel appliances and hardwood flooring can help attract a higher quality of tenant.
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Even when it isn't, it's a desirable feature that attracts a higher quality of tenant.
Not exact matches
The first is the company's very consistent and dependable stream of rental revenue and AFFO generated by STORE's highly diversified collection of long - term leases, from high - quality tenants.
Staten Island, NY About Blog The attorneys at our firm provide high quality legal representation in a wide range of practice areas, including Real Estate, Bankruptcy, Business and Commercial Law, Wills and Estates, Medicaid Planning, Mortgage Modification, Immigration, Nursing Home Patient Care Issues, Landlord & Tenant, Mediation, Commercial Litigation, and Divorce Law.
These goals serve as the primary tenants for advancing the high school renewal work to: 1) establish system coherence by aligning central office and site programs, and accelerating student learning by leveraging and expanding knowledge and skills among staff, parents, and community members; 2) improve the quality of instructional leadership by providing ongoing professional development for school leaders; 3) improve the quality of teaching throughout the district through embedded professional development; 4) increase student engagement in the learning process by personalizing learning environments to build on student interests; 5) increase community involvement in schools by giving principals ownership of the change process, expanding student voice, and bringing parents and students into the school renewal process.
Having a property management company might also attract higher - quality tenants, assuming the company provides a higher level of service than you would be able to offer as a single property manager.
«Also, the properties will hold their value better, and your expenses will be lower because higher quality tenants will take better care of their home (your property)»
I think the more Munger influence of buying high - quality business over time that compound because of that convergence between stock price and intrinsic value is probably even more of a fundamental tenant of our process.
Importantly, EPR's tenants are mostly high - quality businesses, with even its cinema properties sporting tenant rental coverage ratios (operating cash flow / rent) of 1.6.
After launching into a comprehensive overhaul including energy efficiency upgrades, tenants now enjoy low energy costs and a high quality of living.
Contribute to the management team by providing consistent, high levels of quality customer service to all tenants in a professional manner
Our approach ensures that accounting, maintenance, and tenant services are executed with the highest level of quality.
Possessing exceptional comprehension of providing high quality customer services, updating and maintaining current contact lists, processing correspondence for tenants, contractors and third parties, and ensuring that insurance certificate files for all contractors are appropriately maintained and updated, I will be an immediate and ongoing support system for Spring Hill Suites.
Staten Island, NY About Blog The attorneys at our firm provide high quality legal representation in a wide range of practice areas, including Real Estate, Bankruptcy, Business and Commercial Law, Wills and Estates, Medicaid Planning, Mortgage Modification, Immigration, Nursing Home Patient Care Issues, Landlord & Tenant, Mediation, Commercial Litigation, and Divorce Law.
Its mission is to find high quality real estate that will generate predictable, growing cash flows through long contractual lease duration of credit - quality anchor tenants with a strong likelihood of lease renewal.
Properties occupied by high - quality tenants, such as 7 - Eleven, have achieved cap rates between high 4 percent and low 5 percent in the fourth quarter of 2017.
«We believe this is one of the strongest submarkets in the city and this property has high quality tenants as well as upside potential from both lease - up and rent growth opportunities.»
Today, life sciences tenants face a dilemma — a lack of quality office and laboratory space, combined with outsized demand, is pushing rents higher in a sector already struggling with rising labor costs and a bottom line that is only as high as the last well - performing patent.
«The fact that these two tenants are relocating from within Somerset County speaks volumes about the high quality of the space and amenities available at Vantage Court,» said Mr. Sarno.
«This high - quality asset is in excellent physical condition and is fully occupied by four major tenants,» Michael A. Happel, chief investment officer of NYRR, noted in a statement.
Today, life sciences tenants face a dilemma — a lack of quality office and laboratory space, combined with outsized demand, is pushing rents higher in a sector already struggling with rising labor costs and a bottom line that is only as high...
«We are pleased to have worked with Wells REIT II to reach an agreement to acquire a critical mass of high quality properties with strong tenant rosters that generate significant cash flow,» Mark Keatley, senior vice president at Starwood Capital, said in a statement.
«We've seen cap rates and valuations stay the same over the past year or two» for high - quality centers with good tenants, with a widening of rates in lower - quality centers, says Matt Kopsky, a REIT analyst at Edward Jones who covers shopping center REITs Kimco Realty Corp. and Weingarten Realty Investors.
This will make sure your tenant pool is of higher quality.
In June, for example, Key Commercial Mortgage closed a $ 19.5 million loan on the corporate headquarters of Modern Continental Cos. in Cambridge, Mass. «Normally, such a high - quality property with a high - quality tenant would be financed by an insurance company,» said Burke.
- ft. building on the corner of 4th and Hope streets is 81 percent leased to high - quality tenants on primarily long - term leases.
Packed with the full spectrum of solutions specific to your needs, BOMA's Technology Pavilion and the new Technology & Innovation education track spotlight the hottest new innovations in CRE, and a special general session on The New Tenant Amenity Demands will offer insight on how owners and managers are successfully extending their property's value proposition with user - friendly technology and other high - quality amenities.
Cap rates for properties occupied by high - quality tenants, such as 7 - Eleven, have achieved cap rates between high 4 percent and low 5 percent in the fourth quarter of 2017.
A rental property's ability to attract and retain high - quality tenants is paramount to its success as an investment engine — worthwhile real estate investments produce a stream of reliable income.
The goal of every landlord should be to attract and keep high quality tenants, reducing turnover rates and maximizing profit.
More than 95 percent of landlords believe tenant screening is beneficial and helps them get a higher - quality tenant into their rental unit.
In preparing our home for rental, finding the right tenant and concluding financial and legal details, Green Residential provided the highest quality of service.
Due to the high heterogeneity of property in terms of quality and location, tenants typically inspect several properties and locations in order to choose the one that best satisfies their needs at a price they can pay.
In case of an anticipated downturn in the local economy, the investor may target properties of top - quality and location, high occupancy, quality tenants, and a staggered lease expiration schedule, in order to shield property income from such a downturn.
We have the right blend of experienced individuals and high - quality systems and procedures to provide a fully engaged and proactive service for the benefit of both clients and tenants.
As part of our leasing services for landlords, we put each leasing applicant through a rigorous screening process to ensure the highest quality tenants for your rental property.
«High - quality assets are generally less susceptible to the various stages of the office real estate cycle, require less capital commitments to maintain higher occupancy levels and attract higher credit quality tenants.»
Performing your due diligence with tenant screening is an important part of your short - and long - term success as an investor, so use the guidelines above to help ensure you rent to high quality tenants.
A tenant that is looking for a place to treat as their own and take care of is usually going to be of higher quality.
TransUnion studies show that the end result is a higher quality tenant with an average increased tenure of nine months.
Contact and updates are frequent, all items and concerns are attended to promptly, and their knowledge of tenants, current market conditions, and strategies for attracting and keeping high - quality tenants is exemplary.
Rental listings featuring a catchy headline that highlight key amenities with high - quality photos increase your odds of finding a great tenant fast.
Our approach is to continually identify where your buyers, sellers, landlords and tenants start their search for an estate agency or property online and then provide you with a wide range of innovative digital marketing products and services to help you effectively reach, engage and ultimately convert your target market into high - quality leads.
Ultimately, you care about creating a great listing because you want to generate a lot of high quality tenant leads.
That risk often takes the form of a property located in a rough neighborhood with high crime rates, low school quality, higher turnover and eviction rates and property damage from defaulting tenants.
SmartAsset points out that considering the rent of similar properties in your area can help you avoid charging rent that's too high, which can make it difficult to find quality tenants.
A thorough screening process and knowing how to screen tenants is one of the best ways to help you find a high - quality tenant in the first place.
Regardless, with the 40 % rule, we're cash flowing roughly $ 2,200 / year; however, considering I will have higher quality tenants at 1,500 / month, the home is completely renovated, vacancy rates are less than 1 % and the only major repair looming (fingers crossed) is the roof, I think it could be realistic to have our total operating expenses (including insurance and taxes) at roughly 25 % gross rental income for the first few years, which should give a CAP of 9.11 % and COC on 20.73 %.
Hosting workshops for existing employees, with a special focus on sharing experiences and dealing with high - pressure situations with tenants, can also improve quality of service, which in turn translates to higher resident satisfaction, retention and overall occupancies.
Plus the tenant quality base is super high, so between tenancies I had between zero and $ 300 in expenses to sometimes clean and touch up the walls (some of the times the tenant would pay for the cleaning, depending on circumstances.)