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Apartment Operators Surveyed on Re-Openings, Touring, SBA and PPP Loans and Planning Checklists

Apartment Operators Surveyed on Re-Openings, Touring, SBA and PPP Loans and Planning Checklists

Apartment Operators Surveyed on Re-Openings, Touring, SBA and PPP Loans and Planning Checklists

Apartment operators participated in an informal survey May 1 through the weekly Multifamily Leadership Huddle Zoom call moderated by Jamin Harkness from The Management Group in Atlanta. Approximately 150 property management staff were on the call and 27 completed the survey.

When do you plan to re-open your Leasing Office?

3.8%      May 1

33.3%   Mid-May

48.1%   June 1

14.8%   Still waiting for more info

 

When do you plan to re-open your Amenities?

3..7%    May 1

18.5%   Mid-May

55.6%   June 1

22.2%   Still waiting for more info

 

When do you plan to re-open your Corporate Office?

3.3%      May 1

29.6%   Mid-May

40.7%   June 1

25.9%   Still waiting for more info

 

Has your organization received Payroll Protection Plan (PPP) stimulus funds?

14.8%   Yes

37%       Not yet

48.1%   We did not apply

 

Has your organization received a stimulus SBA loan?

7.4%      Yes

25.9%   Not yet

66.7%   We did not apply

 

What tour options do you offer now?

96.3%   Video

70.4%   Virtual

59.3%   Standard Leasing Consultant Led Tours

33.3%   Self-Guided

3.7%      Virtual video led by remote leasing person

3.7%      Facetime tours

 

Will you use self-guided tours once you are fully re-opened?

33%       Yes

66.7%   Still considering it

 

Does your company have a phased re-opening plan/checklist

22.2%   Yes

11.1%   No

66.7%   Working on it

 

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