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2,253 - The Multifamily Operations Daily Huddle: The Danger of Managing to the Average
The average can make a weak portfolio look healthy right up until the problem gets expensive.In multifamily operations, averages often hide accountability. An occupancy report that says 82 percent may look manageable on the surface, but that single number can also hide one slipping property, one softening unit type, or one team carrying more than its share while others fall behind. Leaders who manage to the portfolio average usually don't see the real issue until it becomes a fire drill.Strong operators read behind the number. They break the metric down by property, unit type, lease…
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