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Reporting period: 2026-06-15 to 2026-06-21 | Comparison: prior weeks through 2026-05-18
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🚨 Most Critical Issue
Rent loss is now the top concern: even though vacancies improved to 21 units, down from 23 last week, rent loss rose again to $32,075, up $1,450 week over week and up $14,780 since 05/18. The biggest driver remains Brookstone Village with 9 vacancies, 6 not rent-ready, and $17,950 in rent loss.
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🏚️ Vacancies
21
5.8% of 360 units; ↓ 2 WoW
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💸 Rent Loss
$32,075
↑ $1,450 WoW
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⏰ Late Rent
$13,885
11 accounts; ↓ $760 WoW
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🛠️ Damages
$775
3 costed charges; flat WoW
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✅ Approved Apps
3
Flat WoW; 2 pending
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⚖️ Evictions
0
No active cases; flat WoW
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📈 5-Week Trend Snapshot
| Metric |
05/18 |
05/25 |
06/01 |
06/08 |
06/15 |
| Vacancies |
16 |
18 |
20 |
23 |
21 |
| Rent Loss |
$17.3k |
$23.4k |
$27.0k |
$30.6k |
$32.1k |
| Late Rent |
$13.5k |
$14.5k |
$14.1k |
$14.6k |
$13.9k |
| Approved Apps |
0 |
4 |
1 |
3 |
3 |
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🏚️ Vacancies
- 21 total vacant units, down from 23 last week.
- 10 rent-ready and 11 not rent-ready; non-ready units improved by 4 WoW.
- Highest vacancy counts: Brookstone 9, Cedar 5, Willow 5.
- Key blockers include heavy turn/flooring, pest follow-up, move-out damages, plumbing parts, smoke remediation, cabinet repair, paint, and final inspection.
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💸 Rent Loss Vacated
- Total rent loss: $32,075, up $1,450 WoW.
- Largest property exposure: Brookstone $17,950, about 56% of total rent loss.
- Next highest: Willow $7,375, Cedar $4,900, Harbor $1,850.
- Largest unit losses: Brookstone 501 $6,700, Brookstone 212 $3,500, Willow 102 $3,200, Brookstone 608 $2,300.
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⏰ Late Rent Payments
- Total delinquency: $13,885, including $13,110 rent and $775 fees.
- 11 delinquent accounts, down from 12 last week.
- Brookstone remains the main risk at $11,295, about 81% of total late rent and fees.
- Largest balances: Krista Alden $6,350 rent/fees, Ronald Gates $3,350 rent/fees, Malik Johnson $895 rent/fees.
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🛠️ Damages
- $775 in costed damage charges, unchanged WoW.
- Costed charges: Krista Alden $350, Briana Cole $250, Corey Blake $175.
- 11 damage-column records appear; most remain blank or unpriced.
- Brookstone 714 still notes move-out damages in vacant unit status and should be scoped to avoid further turn delay.
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✅ Approved Applications
- 3 approved applications, flat to last week.
- Approved units: Brookstone 136, Cedar 117, Maple 14.
- 2 pending: Harbor 118 and Willow 118.
- 3 denied: Brookstone 212, Cedar 221, Harbor 221. Denials increased by 2 WoW.
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⚖️ Evictions
- 0 active evictions reported in the eviction column.
- No change from prior weeks.
- Notable item: Brookstone 729 move-out reason states “Eviction process completed”, adding to vacancy and rent loss.
- Continue monitoring Brookstone delinquency concentration to prevent new filings.
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