Property Management Fees
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.
