Everyone Can Win® Impact                         and Industry Challenges

ManagInc_impact

Impact

Everyone Can Win®, so mastering The Art of Managing for Success™ delivers a clear top and bottom line “win” for a multifamily portfolio by addressing resident and employee turnover, reputation, and perceptions as being socially responsible.  Acting on the issues impacting retention, reputation and being perceived as socially responsible significantly impacts NOI and asset value.

ROI model assumes: 5,000 units, 20 properties; 75 employees, 30% employee turnover, $40,000 average compensation; 50% resident turnover, $1,500 average rent, $3,250 move out cost; 30-day vacancy loss; can reduce employee and resident turnover by 5 points, and vacancy loss days by one week; 6 cap rate

Asset Value Impact: $26,145,833+

o   If 5% reduction in employee turnover = $3,750,000
o   If 5% reduction in resident turnover = $6,770,833
o   If one week reduced vacancy days = $15,625,000
o   Improved perceptions as being socially responsible = ?

NOI Impact: $1,568,750+

o   If 5% reduction in resident turnover = $406,250
o   If 5% reduction in employee turnover = $225,000
o   If one week reduced vacancy days = $937,500
o   Improved perceptions as being socially responsible = ?


CHALLENGES

The multifamily industry faces a variety of challenges; these are diminished with a proactive focus on those things that drive business performance.  To learn more about challenges and opportunities, please contact us.