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ALBUQUERQUETHIRD QUARTER 2017MULTIFAMILY REPORTMARKET AT A GLANCEOCCUPANCY RATE94.5×Up 60 bps since 3Q16ASKING $ RENT827Up 2.0% since 3Q16CONCESSIONS1.0×Down 10 bps since 3Q16OCCUPANCY AND RENT
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This term refers to an increase of 60 basis points since a certain point in time.
Any entity or individual who meets the criteria for reporting a change of 60 basis points since a specific date must file.
To fill out the information regarding an increase of 60 basis points since a particular date, the necessary data must be accurately recorded in the designated form or system.
The purpose of reporting a 60 basis points increase since a certain time is to provide transparency and accountability regarding financial changes.
The information that must be reported typically includes the amount of the increase in basis points, the date of the change, and any relevant details.
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