Current week: 2026-05-18 to 2026-05-24
Previous week comparison: Estimated from units that were already vacant before 2026-05-18.
| Property | Units | Previous Week Vacant | Previous Vacancy Rate | Current Week Vacant | Current Vacancy Rate | Change |
|---|---|---|---|---|---|---|
| Brookstone Village | 120 | 5 | 4.17% | 6 | 5.00% | πΊ +0.83 pts |
| Cedar Ridge Commons | 48 | 3 | 6.25% | 4 | 8.33% | πΊ +2.08 pts |
| Harbor Point Apartments | 96 | 2 | 2.08% | 2 | 2.08% | β No change |
| Maple Crossing Townhomes | 32 | 1 | 3.13% | 1 | 3.13% | β No change |
| Willow Creek Senior Villas | 64 | 2 | 3.13% | 3 | 4.69% | πΊ +1.56 pts |
Vacancy increased modestly across the portfolio, primarily due to new turnover and units not yet ready for occupancy. Demand appears available based on waiting lists, so the strongest opportunity is to reduce make-ready time and move pending applicants into ready units faster.
| Property | Vacant Units | Total Rent Loss | Share of Total Loss | Key Rent Loss Causes |
|---|---|---|---|---|
| Brookstone Village | 6 | $9,200.00 | 53.2% |
|
| Cedar Ridge Commons | 4 | $3,425.00 | 19.8% |
|
| Willow Creek Senior Villas | 3 | $2,625.00 | 15.2% |
|
| Harbor Point Apartments | 2 | $1,770.00 | 10.2% |
|
| Maple Crossing Townhomes | 1 | $275.00 | 1.6% |
|
The fastest financial improvement will come from resolving long-running and repair-heavy vacancies at Brookstone Village, followed by targeted turn completion at Cedar Ridge Commons and Willow Creek Senior Villas. Reducing repair cycle time and prioritizing the highest-loss units should significantly lower future rent loss.
π Current Week: 05/18/2026β05/24/2026
π Previous Week: 05/11/2026β05/17/2026
| Property | Previous Week Rent Loss | Current Week Rent Loss | Weekly Change | Cumulative Listed Rent Loss |
|---|---|---|---|---|
| Brookstone Village | $650.00 | $200.00 | β¬οΈ $450.00 | $9,200.00 |
| Cedar Ridge Commons | $1,075.00 | $150.00 | β¬οΈ $925.00 | $3,425.00 |
| Harbor Point Apartments | $420.00 | $0.00 | β¬οΈ $420.00 | $1,770.00 |
| Maple Crossing Townhomes | $275.00 | $0.00 | β¬οΈ $275.00 | $275.00 |
| Willow Creek Senior Villas | $0.00 | $125.00 | β¬οΈ $125.00 | $2,625.00 |
Delinquency rate is calculated as delinquent households Γ· total units. Total delinquency includes reported rent balances and fees.
| Property | Total Units | Delinquent Households | Delinquency Rate | Total Rent Delinquency | Total Fees | Total Balance | Balance per Unit |
|---|---|---|---|---|---|---|---|
| Cedar Ridge Commons | 48 | 2 | 4.17% | $1,395.00 | $125.00 | $1,520.00 | $31.67 |
| Willow Creek Senior Villas | 64 | 2 | 3.13% | $710.00 | $50.00 | $760.00 | $11.88 |
| Brookstone Village | 120 | 3 | 2.50% | $8,343.00 | $225.00 | $8,568.00 | $71.40 |
| Harbor Point Apartments | 96 | 2 | 2.08% | $2,490.00 | $125.00 | $2,615.00 | $27.24 |
| Maple Crossing Townhomes | 32 | 0 | 0.00% | $0.00 | $0.00 | $0.00 | $0.00 |
| Property | Units | Delinquent Households | Delinquency Rate | Total Delinquency | Avg. Balance / Delinquent Household |
|---|---|---|---|---|---|
| Brookstone Village | 120 | 3 | 2.5% | $8,568.00 | $2,856.00 |
| Cedar Ridge Commons | 48 | 2 | 4.2% | $1,520.00 | $760.00 |
| Harbor Point Apartments | 96 | 2 | 2.1% | $2,615.00 | $1,307.50 |
| Maple Crossing Townhomes | 32 | 0 | 0.0% | $0.00 | $0.00 |
| Willow Creek Senior Villas | 64 | 2 | 3.1% | $760.00 | $380.00 |
β Demand is strong across the portfolio, but several units are being delayed by maintenance, vendor dependencies, and turn coordination.
| Property | Vacant Units | Ready | Not Ready | Readiness Assessment |
|---|---|---|---|---|
| Brookstone Village | 6 | 2 | 4 | β οΈ High vacancy count and highest rent loss; multiple maintenance blockers. |
| Cedar Ridge Commons | 4 | 2 | 2 | β οΈ Moderate readiness; flooring, paint, and plumbing are delaying turns. |
| Harbor Point Apartments | 2 | 1 | 1 | π‘ Mostly controlled, but Unit 307 needs focused completion. |
| Maple Crossing Townhomes | 1 | 1 | 0 | β Strongest turnaround position; unit appears ready and in process. |
| Willow Creek Senior Villas | 3 | 1 | 2 | β οΈ Prolonged turns tied to accessibility repairs and remediation work. |
Current-week vacancy activity shows 3 newly vacant units. Only 1 of the 3 appears ready, while 2 require additional maintenance.
Previous-week vacancy activity was stronger. Of the units that became vacant during the prior week, 4 of 5 appear ready or leasable, giving an estimated make-ready rate of 80%.
| Property | Vacant / Ready | Primary Delays | Longest Vacancy | Rent Loss | Priority Level |
|---|---|---|---|---|---|
| Brookstone Village | 6 vacant / 2 ready | Heavy turn, drywall, flooring, appliances, pest treatment, cleaning | Unit 501 β 36 days | $9,200.00 | π΄ High |
| Willow Creek Senior Villas | 3 vacant / 1 ready | Accessible bathroom repair, smoke remediation, cleaning | Unit 102 β 26 days | $2,625.00 | π΄ High |
| Cedar Ridge Commons | 4 vacant / 2 ready | Flooring, paint, plumbing repair | Unit 101 β 24 days | $3,425.00 | π Medium-High |
| Harbor Point Apartments | 2 vacant / 1 ready | Paint, appliance repair, final cleaning | Unit 307 β 16 days | $1,770.00 | π Medium |
| Maple Crossing Townhomes | 1 vacant / 1 ready | No major maintenance delay noted | Unit 8 β 9 days | $275.00 | π’ Low |
| Priority | Property | Pending Recertifications | Risk Level |
|---|---|---|---|
| π΄ Highest | Willow Creek Senior Villas | 12 | High |
| π High | Cedar Ridge Commons | 8 | High |
| π‘ Moderate | Harbor Point Apartments | 4 | Moderate |
| π’ Lower | Brookstone Village | 3 | Lower |
| π’ Lowest | Maple Crossing Townhomes | 1 | Low |
| Rank | Property | Pending Recerts | Risk Level |
|---|---|---|---|
| 1οΈβ£ | Willow Creek Senior Villas | 12 | High |
| 2οΈβ£ | Cedar Ridge Commons | 8 | Elevated |
| 3οΈβ£ | Harbor Point Apartments | 4 | Moderate |
| 4οΈβ£ | Brookstone Village | 3 | Moderate |
| 5οΈβ£ | Maple Crossing Townhomes | 1 | Low |