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- 🌾 Omaha Sees Steady Growth in Development and Leasing
🌾 Omaha Sees Steady Growth in Development and Leasing
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📈 Data Point
NOI Optimization in Single-Family Rentals
Altus Group highlights how institutional investors are using data to improve Net Operating Income (NOI) in the single-family rental market. From rent growth modeling to maintenance cost benchmarking, operators are making informed decisions to maximize returns.
🧭 Market Watch
Omaha Sees Steady Growth in Development and Leasing
Omaha’s commercial activity, including multifamily, continues to rise. Strong leasing, expanding job markets, and a lower cost of living are fueling steady growth. Local developers are meeting demand with new construction across sectors.
🧾 Rule of the Day
Physical Occupancy vs. Economic Occupancy
Physical Occupancy shows the percentage of units currently occupied, while Economic Occupancy reflects how much income the property is generating versus its full potential.
Formula:
Economic Occupancy = Actual Collected Rent ÷ Gross Potential Rent × 100
A property may have high physical occupancy but low economic occupancy if rent concessions or missed payments are common
🌱 Green Build
Smart Energy Savings in Multifamily
A new whitepaper from Parks Associates and SmartRent shows that smart building tech can cut energy use and operating costs in multifamily properties. Smart thermostats, leak detectors, and real-time analytics contribute to millions in potential savings. Know more.
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🏘 Deal Radar
Columbus, OH![]() This property, consisting of two buildings, has four 1-bedroom units and six 2-bedroom units. Though built in 1943, this property is sturdy and is full most times. | Arabi, LA![]() This multifamily home consists of 60 units, all of which are tw-bedroom and 1.5-bath homes. With an occupancy rate of 97%, this property can offer steady income. | Baltimore, MD![]() With 12 units spread across three floors, this is a prime property that can fetch excellent returns. It is located in the historic Oliver neighborhood in East Baltimore. |
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