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    Rented.com Corporate Leasing

    An overview and response to the current multi-family industry

    Background LEASE-UP is a huge problem.

    Empty units are expensive.

    Supply Outpacing Demand

    With new multi-family buildings rapidly coming online throughout the U.S., multi-family operators face additional lease-up pressure—especially as markets become overbuilt with multi-family inventory.

    Rents may be high, but we are nearing the end of this market cycle expansion.

    Background Short-term rentals are BOOMING.

    Amateur Airbnb hosts do not
    help multi-family operators.

    The short-term rental industry is experiencing double-digit annual growth fueled by tech juggernaut Airbnb, and multi-family property owners are being left behind.

    It can be difficult for multi-family operators to benefit from short-term rentals, and even worse, it can be difficult for multi-family operators to to manage and regulate tenants attempting to host on Airbnb.

    Background You are NOT in the hospitality business.

    It takes a lot of time and
    effort to operate short-term rentals.

    For those multi-family operators looking to benefit from the short-term rental industry, it’s not always easy.

    While Airbnb has introduced the Airbnb Friendly Building Program in an attempt to allow multi-family operators to reap the benefits of short-term rentals, the model leaves building managers and owners reliant on inexperienced, amateur hosts.

    multi-family property owners and managers also lack the infrastructure to operate their properties as short-term rentals.

    Rented.com Corporate Leasing

    Created to help multi-family property owners address the lease-up challenge and profit from short-term rentals.

    Now you can corporate lease multiple units at once to capitalized, vetted, professional short-term rental companies through Rented.com.

    Professional Managers
    We have hundreds of short-term rental management companies throughout the U.S. that will corporate lease units for 12+ months.
    Corporate Tenant
    A corporate tenant furnishes and operates your units as short-term rentals.
    Guest Screening
    Our Managers screen guests to ensure resident safety, provide hospitality services to provide efficient access to units, clean and maintain the interior of the units, and pay rent per their contracts and independent of their top line performance.
    Diverse Tenants
    You diversify your tenant mix, lease more units with less work, can provide hotel-like units as additional amenities for your guests, and accelerate lease-up.

    See How Rented Corporate Leasing Has Worked

    Nashville, TN

    In 2016, a national developer and manager secured $607,452.00 in guaranteed rental income. To secure the income and to accelerate lease-up, the developer preleased 19 units at two of its new Class A multi-family buildings. Near the Central Business District of Nashville, the units were leased to a short-term rental management company with over $1 billion in assets under management. The short-term manager furnished all 19 units and has been successfully running them as short-term rentals since.

    Denver, CO

    One of the largest private U.S. multifamily companies preleased new units in Denver to a national short-term rental management company. The management company took on 30 units from 3 different newly developed apartment buildings throughout the city, thereby filling units that were sitting empty. From the arrangement, the developer secured nearly $1,000,000.00 in guaranteed rental income.

    Austin, TX

    Another international property developer, property management company, and industry leader used Rented Corporate Leasing to pre-lease 7 unfurnished units in a new class A multifamily building. The developer secured a two-year deal on the Austin units with a new urban short-term rental manager that was looking to expand in the area. With Rented Corporate Leasing, the building secured $272,735.00 in guaranteed rental income.

    Phoenix, AZ

    A multifamily management firm based on the West Coast used Rented Corporate Leasing to work with a short-term rental management company to secure $45,000.00 in rental income for their newly renovated property. To do so, the company did a 1-year lease on 5 unfurnished units in a modern multifamily community in Phoenix. The short-term management company then furnished and managed the 5 units for vetted guests.

    Palm Springs, CA

    A regional California property management company received $105,000.00 in yearly rental income using Rented Corporate Leasing. With units sitting empty, the company leased 5 of their furnished boutique apartment homes in Palm Spring to a highly-reviewed, national, luxury vacation rental company—thereby securing rent for the next year and filling empty units.

    Connect

    Want to see if Rented Corporate Leasing could work for you?

    Contact Mickey Kropf at mickey@rented.com or (617) 256-6425 to list your available units.

    Discover

    The Rented.com Solution

    We address the lease-up challenge and profit from short-term rentals. Corporate lease multiple units at once to capitalized, vetted, professional short-term rental companies thought Rented.com.

    Professional Managers

    We have Hundreds of short-term, professional rental management companies throughout the U.S. that will corporate lease units for 12+ months.

    Tenant Mix

    You diversify your tenant mix, lease more units with less work, can now provide hotel-like units as additional amenities for your guests, and accelerate lease-up.

    Guest Screening

    Our Professional Managers screen guests to ensure resident safety, provide hospitality services, clean and maintain units, and pay rent per their contracts and independent of their top line performance.

    Corporate Tenants

    Corporate tenants furnish and operate the units as short-term rentals, which are defined as stays less than 30 days.