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Economic Occupancy: The Bleeding You Can't See

Economic Occupancy: The Bleeding You Can't See

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A 94%-occupied, market-rent building can still lose money every month — because physical occupancy and economic occupancy are two different numbers, and the gap between them is pure lost rent. This brief walks a ~50-unit operator through the four leaks that open that gap — loss-to-lease, concessions, bad debt, and non-revenue units — and hands over a red/yellow/green check to run before the day's first tenant call.
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