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Reporting period: 2026-06-08 to 2026-06-14 | Comparison: prior weeks through 2026-05-18
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🚨 Most Critical Issue
Vacancy turn delays remain the top risk. Vacancies increased to 23 units, up from 20 last week and 16 three weeks ago. Rent loss climbed to $30,625, up $3,650 week over week. The main driver is Brookstone Village with 9 vacancies, 6 not rent-ready, and $16,850 in rent loss.
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🏚️ Vacancies
23
6.4% of 360 units; ↑ 3 WoW
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💸 Rent Loss
$30,625
↑ $3,650 WoW
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⏰ Late Rent
$14,645
12 accounts; ↑ $540 WoW
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🛠️ Damages
$775
3 costed charges; ↑ $250 WoW
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✅ Approved Apps
3
↑ 2 WoW; 3 pending
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⚖️ Evictions
0
No active cases; flat WoW
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📈 4-Week Trend Snapshot
| Metric |
05/18 |
05/25 |
06/01 |
06/08 |
| Vacancies |
16 |
18 |
20 |
23 |
| Rent Loss |
$17,295 |
$23,372.50 |
$26,975 |
$30,625 |
| Late Rent |
$13,463 |
$14,468 |
$14,105 |
$14,645 |
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🏚️ Vacancies
- 23 total vacant units, up from 20 last week.
- 8 rent-ready and 15 not rent-ready; non-ready units increased by 3.
- Highest vacancy counts: Brookstone 9, Cedar 5, Willow 5.
- Key blockers include heavy turns, flooring, appliances, plumbing parts, pest treatment, smoke remediation, carpet, cabinets, and final inspections.
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💸 Rent Loss Vacated
- Total rent loss: $30,625, up 13.5% week over week.
- Largest property exposure: Brookstone $16,850.
- Next highest: Cedar $6,400, Willow $5,575, Harbor $1,675.
- Largest unit losses: Brookstone 501 $6,050, Cedar 101 $3,250, Brookstone 212 $3,100, Willow 102 $2,800.
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⏰ Late Rent Payments
- Total delinquency: $14,645, including $13,845 rent and $800 fees.
- 12 delinquent accounts, flat to last week, but balance increased by $540.
- Largest exposure: Brookstone $11,295, about 77% of total late rent and fees.
- Largest balances: Krista Alden $6,050 rent/fees, Ronald Gates $3,100 rent/fees, Malik Johnson $895 rent/fees.
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🛠️ Damages
- $775 in costed damage charges, up from $525 last week.
- Costed charges: Krista Alden $350, Briana Cole $250, Corey Blake $175.
- 12 damage-column records appear; most remain unpriced or blank.
- Brookstone 714 also notes move-out damages in vacant unit status and should be scoped quickly.
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✅ Approved Applications
- 3 approved applications, improved from 1 last week.
- Approved units: Cedar 101, Harbor 409, Willow 102.
- 3 pending: Brookstone 136, Cedar 117, Maple 14.
- 1 denied: Harbor 221. Brookstone has the highest vacancy burden but no approved application this week.
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⚖️ Evictions
- 0 active evictions reported in the eviction column.
- No change from the prior three weeks.
- Notable watch item: Brookstone 729 move-out reason states “Eviction process completed”, contributing to vacancy and rent loss.
- Delinquency concentration at Brookstone should be monitored to prevent new filings.
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