Looking at the metros shows a somewhat consistent pattern: those with the highest non-family household growth had some of
the highest occupancy growth rates.
«That is, the markets that have enjoyed
the highest occupancy growth are the same ones seeing the most new construction.
A quick look at the occupancy statistics shows, not surprisingly, that markets with higher employment growth had
higher occupancy growth, while those with low employment growth had flat occupancy growth.
The two North Carolina metros — Charlotte and Greensboro / Winston - Salem — both have disproportionately higher non-family household growth than family household growth rates, as well as
high occupancy growth.
Not exact matches
«
Occupancies and rents are already near historical
highs, pushing net operating income
growth to about 5 %, which isn't sustainable relative to the historical average of 2.5 % to 3 %,» Hill says.
According to the Project, the proposed I - 77
High Occupancy Toll (HOT) Lanes will support the growing population of the Charlotte - Mecklenburg, North Carolina area and further facilitate
growth, allowing for continued economic expansion with businesses moving to the area and promote economic development.
Such statements reflect the current views of Barnes & Noble with respect to future events, the outcome of which is subject to certain risks, including, among others, the general economic environment and consumer spending patterns, decreased consumer demand for Barnes & Noble's products, low
growth or declining sales and net income due to various factors, possible disruptions in Barnes & Noble's computer systems, telephone systems or supply chain, possible risks associated with data privacy, information security and intellectual property, possible work stoppages or increases in labor costs, possible increases in shipping rates or interruptions in shipping service, effects of competition, possible risks that inventory in channels of distribution may be larger than able to be sold, possible risks associated with changes in the strategic direction of the device business, including possible reduction in sales of content, accessories and other merchandise and other adverse financial impacts, possible risk that component parts will be rendered obsolete or otherwise not be able to be effectively utilized in devices to be sold, possible risk that financial and operational forecasts and projections are not achieved, possible risk that returns from consumers or channels of distribution may be greater than estimated, the risk that digital sales
growth is less than expectations and the risk that it does not exceed the rate of investment spend,
higher - than - anticipated store closing or relocation costs,
higher interest rates, the performance of Barnes & Noble's online, digital and other initiatives, the success of Barnes & Noble's strategic investments, unanticipated increases in merchandise, component or
occupancy costs, unanticipated adverse litigation results or effects, product and component shortages, the potential adverse impact on the Company's businesses resulting from the Company's prior reviews of strategic alternatives and the potential separation of the Company's businesses, the risk that the transactions with Microsoft and Pearson do not achieve the expected benefits for the parties or impose costs on the Company in excess of what the Company anticipates, including the risk that NOOK Media's applications are not commercially successful or that the expected distribution of those applications is not achieved, risks associated with the international expansion contemplated by the relationship with Microsoft, including that it is not successful or is delayed, the risk that NOOK Media is not able to perform its obligations under the Microsoft and Pearson commercial agreements and the consequences thereof, risks associated with the restatement contained in, the delayed filing of, and the material weakness in internal controls described in Barnes & Noble's Annual Report on Form 10 - K for the fiscal year ended April 27, 2013, risks associated with the SEC investigation disclosed in the quarterly report on Form 10 - Q for the fiscal quarter ended October 26, 2013, risks associated with the ongoing efforts to rationalize the NOOK business and the expected costs and benefits of such efforts and associated risks and other factors which may be outside of Barnes & Noble's control, including those factors discussed in detail in Item 1A, «Risk Factors,» in Barnes & Noble's Annual Report on Form 10 - K for the fiscal year ended April 27, 2013, and in Barnes & Noble's other filings made hereafter from time to time with the SEC.
Such statements reflect the current views of Barnes & Noble with respect to future events, the outcome of which is subject to certain risks, including, among others, the effect of the proposed separation of NOOK Media, the general economic environment and consumer spending patterns, decreased consumer demand for Barnes & Noble's products, low
growth or declining sales and net income due to various factors, possible disruptions in Barnes & Noble's computer systems, telephone systems or supply chain, possible risks associated with data privacy, information security and intellectual property, possible work stoppages or increases in labor costs, possible increases in shipping rates or interruptions in shipping service, effects of competition, possible risks that inventory in channels of distribution may be larger than able to be sold, possible risks associated with changes in the strategic direction of the device business, including possible reduction in sales of content, accessories and other merchandise and other adverse financial impacts, possible risk that component parts will be rendered obsolete or otherwise not be able to be effectively utilized in devices to be sold, possible risk that financial and operational forecasts and projections are not achieved, possible risk that returns from consumers or channels of distribution may be greater than estimated, the risk that digital sales
growth is less than expectations and the risk that it does not exceed the rate of investment spend,
higher - than - anticipated store closing or relocation costs,
higher interest rates, the performance of Barnes & Noble's online, digital and other initiatives, the success of Barnes & Noble's strategic investments, unanticipated increases in merchandise, component or
occupancy costs, unanticipated adverse litigation results or effects, product and component shortages, risks associated with the commercial agreement with Samsung, the potential adverse impact on the Company's businesses resulting from the Company's prior reviews of strategic alternatives and the potential separation of the Company's businesses (including with respect to the timing of the completion thereof), the risk that the transactions with Pearson and Samsung do not achieve the expected benefits for the parties or impose costs on the Company in excess of what the Company anticipates, including the risk that NOOK Media's applications are not commercially successful or that the expected distribution of those applications is not achieved, risks associated with the international expansion previously undertaken, including any risks associated with a reduction of international operations following termination of the Microsoft commercial agreement, the risk that NOOK Media is not able to perform its obligations under the Pearson and Samsung commercial agreements and the consequences thereof, the risks associated with the termination of Microsoft commercial agreement, including potential customer losses, risks associated with the restatement contained in, the delayed filing of, and the material weakness in internal controls described in Barnes & Noble's Annual Report on Form 10 - K for the fiscal year ended April 27, 2013, risks associated with the SEC investigation disclosed in the quarterly report on Form 10 - Q for the fiscal quarter ended October 26, 2013, risks associated with the ongoing efforts to rationalize the NOOK business and the expected costs and benefits of such efforts and associated risks and other factors which may be outside of Barnes & Noble's control, including those factors discussed in detail in Item 1A, «Risk Factors,» in Barnes & Noble's Annual Report on Form 10 - K for the fiscal year ended May 3, 2014, and in Barnes & Noble's other filings made hereafter from time to time with the SEC.
Such statements reflect the current views of Barnes & Noble with respect to future events, the outcome of which is subject to certain risks, including, among others, the general economic environment and consumer spending patterns, decreased consumer demand for Barnes & Noble's products, low
growth or declining sales and net income due to various factors, including store closings,
higher - than - anticipated or increasing costs, including with respect to store closings, relocation,
occupancy (including in connection with lease renewals) and labor costs, the effects of competition, the risk of insufficient access to financing to implement future business initiatives, risks associated with data privacy and information security, risks associated with Barnes & Noble's supply chain, including possible delays and disruptions and increases in shipping rates, various risks associated with the digital business, including the possible loss of customers, declines in digital content sales, risks and costs associated with ongoing efforts to rationalize the digital business and the digital business not being able to perform its obligations under the Samsung commercial agreement and the consequences thereof, the risk that financial and operational forecasts and projections are not achieved, the performance of Barnes & Noble's initiatives including but not limited to its new store concept and e-commerce initiatives, unanticipated adverse litigation results or effects, potential infringement of Barnes & Noble's intellectual property by third parties or by Barnes & Noble of the intellectual property of third parties, and other factors, including those factors discussed in detail in Item 1A, «Risk Factors,» in Barnes & Noble's Annual Report on Form 10 - K for the fiscal year ended April 30, 2016, and in Barnes & Noble's other filings made hereafter from time to time with the SEC.
It seems to be working — Tanger boasts
high and steady
occupancy rates as well as a strong rent
growth profile.
Fiji has also seen some of its
highest occupancy rates in recent years and there are huge opportunities for
growth in rooms supply to cater to the tourism
growth.
Moreover, the correlation between office employment
growth and rent
growth is
higher than the correlation between office
occupancy growth and rent
growth.
It should be noted that office employment
growth had a consistently
higher correlation with effective rent
growth than with
occupancy growth.
Structural constraints on the delivery of new supply in a given market reduce an owner's competition for tenants, which may lead to
higher occupancy,
higher rent levels, stronger rent
growth and
higher capital values over time.
Structural constraints on the delivery of new supply in a given market reduce an owner's competition for tenants, which may lead to
higher occupancy,
higher rent levels, stronger rent
growth and
higher capital values...
But investors who pay
high prices for office properties and then fail to realize
occupancy and rent
growth risk lower - than - expected returns and big losses.
Office
occupancy and absorption rates both remained
high in the third quarter, as job
growth continued to improve and companies took more risks on new leases, according to experts...
This was driven largely by superior capital
growth as a result of
higher occupancy rates, lower discount rates and a lower level of capital expenditure in energy efficient buildings.
General
Growth's same store NOI for the first quarter of 2007 was only 0.5 percent compared to 8.5 percent in the first quarter of 2006, due to lease termination fees carried over from last year, but its
occupancy rate, at 92.9 percent, was 1.8 percent
higher during the same period last year and its sales per square foot increased more than 3 percent since the first quarter of 2006 to $ 458.
Occupancies are at record
highs, says Dr. Muoio, and hotels are still seeing rent
growth, «so from an operating fundamentals perspective, the sector looks good.»
But strong rent
growth and relatively healthy
occupancy rates in the apartment sector continue to attract investors, who are then frustrated by the relatively small number and
high asking prices of apartment properties available for sale.
San Jose had the
highest occupancy, while Detroit recorded the biggest rent
growth.
Commercial properties in most markets enjoyed sustained
growth of demand,
high occupancy rates, rising rents and rising prices.
Meanwhile, Washington D.C. shifted from a near - record
high assisted living
occupancy rate one year ago to a near - record low in the first quarter, as
growth in its inventory outstripped demand.
In fact, Houston notched long - term
highs in both
occupancy in and in rent
growth read more
Very
high occupancy but very limited rent
growth — historically, that's the profile of the Minneapolis / St.
Working the demand funnel and renter journey can be the key to more efficient conversions,
higher occupancies, optimal rent
growth, and ultimately greater NOI.
Recent data from Axiometrics Inc. shows the apartment markets with the
highest rental rate
growth and
occupancy also are the areas that have generated above - average employment
growth.
While the market is smaller than others, it's the
higher growth market right now, he says, with more than 20 percent
growth in
occupancy since 2008 and more than 32 percent
growth in ADR.
However, these metros saw
high overall
growth rates in population and households as well, so
occupancy growth was not necessarily driven by the non-family household
growth trend.
Looking at the correlation coefficients between non-family household
growth by metro, along with
occupancy growth and rent
growth indeed shows that non-family household
growth and
occupancy growth have a correlation of 57 percent which is
high but not conclusive.
The question that then emerges is: do metros that have disproportionately
higher growth in non-family households show strong rent and / or
occupancy growth patterns?
This rapid increase in demand has resulted in extremely
high occupancy rates, and strong rent
growth throughout the sector.
The rapid increase in demand has resulted in extremely
high occupancy rates, and strong rent
growth throughout the sector.
Investors should never lose sight of the fact that real estate is an actively managed asset: a
high - quality, well - managed property — which describes most properties owned by REITs, certainly including retail properties — is more likely to maintain strong
occupancy and favorable NOI
growth than a property whose owners are merely waiting out the life of their private equity fund before selling.
Though the U.S. logistics industry has recovered unexpectedly well from the last recession, reaching record
highs in
occupancy and absorption, experts believe the
growth will peak sometime this year.