Notes on leasing, measurement, and growth.

A multifamily property can look full and still underperform. That is the core reason landlords and investors need to track both physical occupancy and economic occupancy. Physical occupancy tells you how many units are filled. Economic occupancy tells you how much rent the property is actually collecting compared with what it could collect. One measures bodies in beds. The other measures dollars in the bank. Both matter. Used together, they give a much clearer picture of prop