Quarterly Updates

  • Stress for Success

    Apr 29, 2022

    In last quarter’s article I discussed how the operational trends we were experiencing were quite positive and that higher revenues should help offset rising interest rates that would impact our variable-rate loans. And while the operational performance continues to be quite strong as evidenced by our first quarter portfolio generating a 16.8% increase in rents for units that have been vacated and re-leased and 12% for renewed leases, interest rates have shot up Read More

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