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How to Effectively Lease Units During a Lockdown - COVID-19 Coronavirus and Real Estate

How to Effectively Lease Units During a Lockdown - COVID-19 Coronavirus and Real Estate

 

The lockdown has changed much in the world of multifamily real estate development. So how can developers and investors effectively lease units during this time?

In this video, Scott Choppin, Founder/CEO of Urban Pacific explains.

From this video:

Scott: So, we're basically renting, presently, on one of our projects in Orange County. That's one of the early- in fact, the final project in our demonstration phase of the UTH model in Fullerton. As of last week, we had three pre-leases in place, which basically has ... That's 42 percent of the units. We'll continue to observe how that velocity continues, but I think, basically, in the midst of the lockdown, I think it just demonstrates that we have the capability to lease units effectively.

Thanks for watching today's video where we went over how to effectively lease units during a lockdown like we're currently going through with the COVID-19 Coronavirus crisis! If you enjoyed today's video, be sure to leave a like rating and a comment, and also be sure to subscribe to the Urban Pacific Group of Companies YouTube channel for more videos like you just watched!

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