Apartment Management Fees to be paid on Economic Occupany

@mfguide posted the following tweet this morning – “We are now paying mgmt fees based on economic occupancy and #units Curious to know how MF friends respond.”

I have to say, I see the absolute logic in this and in the same respect see the value a property management firm brings to both the top line and ancillary services.

I am interested to hear the over-arching reason for moving this direction.

And, what are the thoughts of the community – please leave your feedback in the comments below.