Moran & Company understands that most new apartment communities lease up at a discount to their fair market rents at stabilization in order to achieve the velocity needed to reach stabilized occupancies. Investors need to understand the stabilized market rents in order to underwrite the highest stabilized value. Moran & Company personnel can help investors underwrite the market rents at stabilization.

Properties that are in lease up have no operating history from which to underwrite operating expenses. Moran & Company’s experience in each regional marketplace combined with its experience as owners and managers of over 6,000 apartments allow us to prove up projected expenses in a compelling manner.

Investors need to understand the relationship between supply and demand in any given marketplace because it is that relationship which will influence the growth of the market rents over their projected holding period. And it is that projected growth that will influence their selection of cap rate. Moran & Company provides investors with the most current pipeline and job growth information to help investors project this dynamic relationship.

Builders come to Moran & Company time and time again to achieve the highest price for their brand new, core apartment properties.

Next