Sentences with phrase «percent occupancy over»

Not exact matches

In our central business district, occupancy is over 99 percent.

Systemwide occupancy rose 1.8 percentage points year over year during the first quarter to 71.8 percent, and average daily rate increased 1.2 percent to $ 145.21.

Westrec Vice President Scott Stevenson said he hopes to address concerns, but he believes the 99 percent occupancy rate is evidence that boaters have been pleased with the company over the last 12 years.

BTN said the average amount paid for a San Francisco hotel stay in 2015 was $ 370.78 per night, including $ 52.36 in sales tax, occupancy tax and surcharges — an increase of 9.6 percent over 2014.

Occupancies improved even though developers in New York City increased the total inventory of hotel rooms by 5.2 percent over the same period.

Occupancy over the last couple of decades has averaged slightly less than 95 percent, and annual rent growth has run right around the 3.0 percent mark.

Unit occupancy growth was up 330 basis points for the second quarter 2011 over the second quarter 2010 and net operating income for the second quarter of 2011 increased 13.6 percent over the second quarter of 2010.

400 East Pratt currently stands at 143,750 square feet of office and ground floor retail space with just over 65 percent occupancy.

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.

It's clear to many that Atlanta's apartment market is hot: effective rents grew by an average of 7.14 percent in the 12 - month period ending in August, according to Axiometrics, and the metro area's occupancy rate stood slightly over 94 percent at the end of the same month.

Signature Realty, Inc. v. Tallman (2 N.Y. 3d 810)- option to renew a lease falls within the broad category of «a lease, rental agreement or other occupancy» in the parties» agreement unambiguously requiring payment of 10 percent of the rent over the period of occupancy; order of Appellate Division reversed, not in the Court's power to grant broker summary relief as broker did not cross-move for summary judgment

The number is buoyed by independent living's occupancy rate, which was down 60 basis points year over year but still comparatively high at 90.3 percent.

Overall, 43 percent anticipate no change in occupancies over the next 12 months, while 42 percent expect an increase and 16 percent believe occupancies could decline.

Nearly two - thirds of respondents (68 percent) expect continued improvement in national office occupancies, with a mean improvement of 14.8 basis points over the next 12 months.

In a few such states, particularly in the Midwest and a few Southern states over 20 percent of the housing credit portfolio operated with physical occupancy below 90 percent during 2010, representing more than twice the national percentage.

Even more notable is that the borrowers were able to achieve 70 percent leverage on the property, despite the fact that the occupancy rate at the time of purchase was 89 percent with one vacant anchor and several leases that were expiring over the next five years.

However, industrial experts project rent and occupancy increases will moderate during 2016 - 17, due to a rise in new construction, which increased by nearly 14.0 percent last year to 150.5 million sq. ft.. In a recent report, real estate services firm CBRE noted it expects construction to continue to ramp up over the next two years, though it will remain under the 10 - year high of 213.5 million sq. ft. delivered in 2006.

Vacancy levels remained unchanged across the United States at 15.6 percent in the first quarter, but they are expected to fall below 15.0 percent by year end as corporate expansions boost occupancy over the next several quarters.

Also, a large share — over 19 percent — of vacant single - family homes are physically inadequate, and so are not ready for full - time occupancy without substantial renovation and repair.