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Multifamily Acquisitions and Operations

Check out all of our educational articles that dive into various topics about the acquisition, analysis, and operational processes of owning multifamily real estate.

What is a Rent Premium

What is a Rent Premium in Commercial Real Estate?

A rent premium is the extra amount a prospective tenant would pay for the same particular unit after it was renovated. Let’s say you made significant improvements to a property, and based on comparable properties, you could now charge $150 more for the same unit; the rent premium would be $150.