Corporate Housing Solutions leases all or part of your building – from an entire property to a single floor in a building shared with long-term residents – while you sit back and collect the rent. 100% lease up. Zero effort. This model is particularly in the leading phases of a project completion, and can be secured as long as 3 years.
Boost your NOI while eliminating vacancy loss, improve year-one cash flow due to accelerated absorption, and reduce operating expenses during the lease up phase.
Designed to top off occupancy rates by bridging the time between two tenants, these very short terms leases are possible from 2 weeks upward. Short term leases enable property owners and managers to maximize occupancy rate at all times. Our partners have been able to boost their occupancy from 90 to 98% as a result.
Once a partnership is established, CHS is able to occupy units with as little as 48 hour notice, and vacate with as little as 24 hour notice.
CHS has currently invested upwards of $25 million USD in equity in various partnerships and real estate investment trust (both publicly traded and non-exchange traded). As residential multi-family project partner, we ask to occupy part or all of the funded building.
CHS partners with real estate owners and developers during any phase of a project, whether it be during entitlement, construction, lease up, or operating asset. Our developer partners see an average NOI boost of 25%.