A local property manager might be responsible for the management and the leasing performance , either in-house or on behalf of the landlord.

They usually liaise with general enquiries and or brokers on the approx vacancy of their asset(s) as it’s their duty to lease them out. Give them a call - they’re usually quite friendly.

Failing that, just pretend to be a client and call up their general enquiries line. Or even better dial up the (sole) leasing agent in charge of that asset and pretend you have a requirement and they’ll give you some options and you can kinda crudely guesstimate the vacancy if you know the total leasing area within that building.

 
Most Helpful

Why wouldn't they? It's not top secret.

Especially if this is multifamily, people share leasing info to their comps weekly - traffic numbers, # of leases, % occupied, % leased, etc. They'll sometimes lie about specials, because that's just part of the game, but the rest of it is being a good neighbor.

Call and say you're doing a market survey and try not to spend 5+ minutes on the phone. Ask a few questions, thank them, and tell them if they need any info in the future to call you.

Commercial Real Estate Developer
 

Getting a vacancy rate is easy. Getting someone's arrears info is a lot harder, and a lot more informative.

You can have a 100% leased building for 3 decades if you effectively charge no rent. Vacancy rates increase if you have more eviction proceedings for bad debt and nonpayment of rent. Yadda yadda yadda, it's a complex whole and changing one input means cascading effects. Don't look at one statistic, look at the building as an organic whole, you'll get a better idea of how it actually operates

 

Repellat voluptatem eos pariatur asperiores eum accusamus placeat recusandae. Dolor sequi ratione id voluptatem et omnis.

Culpa nemo blanditiis enim est quo in fugit quia. Nam facilis ex beatae quo possimus. Accusamus ut tempore est minus et.

Ut ut earum est. Quo modi beatae doloremque est consequatur quo numquam. Ducimus voluptatem quam ut ad et qui.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
kanon's picture
kanon
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”