I'd love to see the line on the pro forma that provides cash flow from leaving units vacant
Yimby Andy
This happened in my town (Concord, NC). 3 brand new mid rises smack in the middle of downtown, something like 250 units total, about 95% are still empty 2 yrs since completion and none of them are dropping rents to get more tenants because they're content to let the properties appreciate in value.
