«We have found our daily activity in
local submarkets gives us an advantage in sourcing viable acquisition opportunities,» Johnson said.
These assets now secure the highest rental rates in their respective
local submarkets.
«Securing a long - term lease extension with Profil provides added stability to the building's leased rate, currently 100 percent, which significantly outpaces
the local submarket,» he said in a statement.
Not exact matches
Since the launch of eSentral, several independent stores have opened up aiming for a smaller
submarket and offering ebooks both in
local languages and English.
However, despite some of the challenges around the execution, we continue to feel good about the deals and their fundamentals; our basis is below replacement cost and comparable sales, the
submarket has strong
local demand drivers, we have some positive leasing momentum, we have a great team in - place, there is plenty of capital reserves, and we maintain low leverage and a great relationship with our lender etc..
NIC MAP reports can help not for - profit communities by providing more complete background on their
local markets, including assessing relative strengths of markets and
submarkets through standardized benchmarks and identifying emerging market risks or opportunities through analysis of occupancy, year over year rent growth, and entrance fee growth and supply / demand trends.
«The high - quality finish of the assets coupled with the size of the borrower's portfolio within the
submarket and their
local market expertise help ensure that these properties are always highly occupied,» said Klein.