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Reporting period: 2026-05-25 to 2026-05-31 | Comparison: prior week 2026-05-18 to 2026-05-24
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🚨 Most Critical Issue
Vacancy pressure worsened week over week: 18 vacant units, up from 16, are now producing $23,372.50 in rent loss, up $6,077.50. The biggest operational blocker is turn readiness, with 11 units not rent-ready, up from 9. Brookstone Village is the top concern with 7 vacancies, 5 not ready, and $11,750 in rent loss.
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🏚️ Vacancies
18
5.0% of 360 units; ↑ 2 WoW
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💸 Rent Loss
$23,372.50
↑ $6,077.50 WoW
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⏰ Late Rent
$14,468
11 accounts; ↑ $1,005 WoW
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🛠️ Damages
$525
11 records; 2 costed
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✅ Approved Apps
4
↑ 4 WoW; 2 pending
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⚖️ Evictions
0
No change WoW
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🏚️ Vacancies
- 18 total vacancies, up from 16.
- 7 rent-ready and 11 not rent-ready.
- Largest vacancy counts: Brookstone 7, Cedar 4, Willow 4.
- Key turn blockers include drywall, flooring, appliances, plumbing, smoke remediation, pest treatment, and cleaning.
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💸 Rent Loss Vacated
- Total rent loss: $23,372.50, up 35.1% WoW.
- Highest property: Brookstone $11,750.
- Next highest: Cedar $4,800, Willow $3,850, Harbor $2,422.50.
- Largest unit losses: Brookstone 501 $4,750, Cedar 101 $2,550, Brookstone 212 $2,300.
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⏰ Late Rent Payments
- Total delinquency: $14,468, including $13,868 rent and $600 fees.
- 11 delinquent accounts, up from 9.
- Largest property exposure: Brookstone $9,618.
- Largest balances: Krista Alden $5,343 rent; Ronald Gates $2,450 rent plus $150 fees.
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🛠️ Damages
- 11 damage records, up from 9 last week.
- $525 in listed charges: Krista Alden $350 and Corey Blake $175.
- Several damage entries remain unpriced and need cost confirmation.
- Brookstone 714 also notes move-out damages in unit status.
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✅ Approved Applications
- 4 approved applications, improved from 0 last week.
- Approved units: Cedar 206, Harbor 307, Maple 8, Willow 207.
- 2 pending: Brookstone 119 and Willow 102.
- 1 denied: Brookstone 317.
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⚖️ Evictions
- 0 active evictions reported.
- No change from the prior week.
- Monitor rising delinquency to prevent future filings.
- Brookstone has the highest delinquency concentration and should remain the priority watchlist property.
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