BMC investments retained Colorado Lease Up 90 days after C.O. when UDR’s leasing efforts had stalled out at around 35% leased. At the time, the UDR team was closing 21% of qualified traffic while offering 4-6 weeks of concessions across all floor plans. The UDR team brought in Colorado Lease Up to re-price and assess concessions and staffing. Within 30 days, the team increased the closing ratio to over 40% and reduced concessions by half. Steele Creek stabilized six months later and set a record rate for the Denver market of $3.24 psf. UDR/BMC saved nearly $250,000 in unused concessions and stabilized on pace with original projections.
BMC Investments has had the privilege of working with Clay Short on several projects. Most notably, his work on our Steele Creek project in Denver, Colorado is nothing short of amazing. His ability to lease and create relationships with residents is uncanny and we highly recommend his services to anyone looking to open a new property or given an existing property a leasing push.”
Darren Everett, Principal
BMC Investments
We hired Clay Short to join our on-site operations team after we had been going through a rough leasing time. Clay’s ability to interact and work well with my staff was nothing short of impressive, and he gave us the confidence and assurance that we made the right decision every day. I would strongly recommend Clay Short to any owner/operator that is looking to cut vacancy loss and simply put “heads on beds.” I have worked in nearly aspect of the property management industry for 18 years, and to this day, Clay Short is without a doubt the best leasing professional I have ever worked with.”
Chris Brown, Community Director
UDR, Steele Creek
https://www.udr.com/denver-apartments/cherry-creek/steele-creek/