Sentences with phrase «percent occupancy rate at»

The newly constructed project was still in the midst of its lease - up with an 86 percent occupancy rate at the time Kimco bought the property in late 2010.

Not exact matches

The occupancy rate for apartments in metro Denver held steady at 94.3 percent, RealPage found, and rents rose 3.2 percent in 2017.

REVPAR at the company's comparable systemwide North American full - service and luxury hotels (including Marriott Hotels & Resorts, The Ritz - Carlton and Renaissance Hotels & Resorts) increased 5.5 percent with a 3.7 percent increase in occupancy and an average daily rate decline of 0.3 percent.

Occupancy rates at five star hotels topped 97 percent.

Occupancy rates in Schenectady County were at 56.5 percent for the first six months, up from 54.5 percent a year earlier.

«In October, the occupancy rate of non-star hotels [near Dasa Temple in] is usually about 50 percent, but it is currently at 60 percent,» said Tjokorda as reported by tempo.co, adding that October was customarily a slow season for tourism

Flynn says the portfolio's occupancy rate sits at 95.8 percent, which is close to its all - time high of 96.2 percent.

At December 2007, the occupancy rate for Centro's stabilized U.S. portfolio was 92.9 percent.

MPF's forecast for 2015 called for occupancy at the end of the first quarter the percentage of vacant apartments to rise by about 40 basis points, and for rents to keep growing, but less quickly than last years, at an average rate of about 3.6 percent to 3.9 percent a year.

The occupancy rate was 95 percent at mid-year, 160 basis points lower than it was 12 months ago.

The centers will also have to come with in - place occupancy rates of at least 80 percent, according to John Bessey, president of Phillips Edison - ARC Shopping Center REIT.

At the Windward Mall, a 530,000 sq. ft. center located on the northeast side of Kanehe, leases range from $ 1.50 per sq. ft. to $ 2.50 per sq. ft.. The center caters strictly to local traffic and has a 93 percent occupancy rate.

In the fourth quarter of 2017, the seniors housing occupancy rate in the U.S. stood at a relatively anemic 88.8 percent, according to the National Investment Center for Seniors Housing & Care (NIC).

Occupancy rates at skilled nursing facilities hit a new low of 81.8 percent in the fourth quarter of 2016, according to the most recent data from the National Investment Center for Seniors Housing & Care (NIC).

Fundamentals remain healthy, with occupancies plateauing at cyclical highs above 65 percent, per STR, and room rates continuing to rise modestly.

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.

Respondents also rated the state of the U.S. economy as a very or somewhat significant factor impacting occupancy rates at 55 percent and state of the U.S. housing market at 47 percent.

In a conference call, CEO Stanley Tanger said he hopes to reduce occupancy costs at the Charter Oak properties, currently about 8 percent, closer to Tanger's own 7.2 percent rate.

The sector's national occupancy rate, based on aggregate statistics from 31 markets, held at 88.8 percent last quarter, according to NIC.

Retail REITs had an occupancy rate of 95.8 percent in the fourth quarter of 2017, according to NAREIT data, notes Calvin Schnure, senior vice president of research and economic analysis at NAREIT.

The rate is a decrease of 0.2 percent from the previous quarter, with independent living occupancy coming in flat at 91.2 percent, and assisted living dropping 60 basis points to 88.7 percent from the fourth quarter.

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.

Still, New York's average monthly rents are by far the highest in the country at $ 3,269, and its occupancy rate of 97.7 percent is the tightest anywhere.

«When looking at assisted living,» continued Hargrave, «the mean occupancy rate fell from 89.5 percent in the fourth quarter of 1999 to 83.5 percent in the first quarter of 2003, a 600 basis point decline.

One forecast — the 2017 ULI Consensus Forecast — predicted that occupancies will rise from the then - projected 5.2 percent rate at the end of 2017 to 5.3 percent in 2018 and 5.4 percent in 2019.

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.

Despite the occupancy rate declines, absorption remains at an positive annual rate of 2.1 percent as of the first quarter.

To break even, affordable housing properties typically require an occupancy rate of at least 87 percent, according to the study.

In comparison, the occupancy rate for independent living was significantly higher at 90.6 percent in the second quarter, according to NIC.

When the new year began, the national multifamily occupancy rate was at a 10 - year high of 95.8 percent, according to a Jones Lang LaSalle...

; • Vacancy rates are expected to drop in a range of between 1.2 and 3.7 percentage points for office, retail, and industrial properties and remain stable at low levels for apartments; while hotel occupancy rates will likely rise; • Rents are expected to increase for all property types, with 2012 increases ranging from 0.8 percent for retail up to 5.0 percent for apartments.

Improving occupancy has pushed up rates, and the U.S. hospitality industry's ADR is at historic highs as well, increasing 4.8 percent to about $ 100 per room.

Today, it reportedly has an occupancy rate of 85 percent and tenant sales of about $ 300 per sq. ft. Tenants at the center include Macy's, JC Penney, TJ Maxx and Target.

Tom McGee, president of the International Council of Shopping Centers, agrees the situation isn't dire for his organization's members, with the occupancy rate running at 94 percent for shopping centers.

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.

At the same time, the occupancy rate for nursing care facilities declined 0.3 percentage points quarter - over-quarter to 87.9 percent.

Occupancy rates at the Equity One centers are closing in on 100 percent increasing from the low 90's, says Valero.

Hotel — The Consensus Forecast projects that occupancy rates will improve even more in 2015, reaching 65.3 percent and then nearly plateauing at 65.4 percent in 2016 and 65.3 percent in 2017.