Multifamily lease-up · Chicago · Nashville · Omaha
Your building’s leasing team, from first tour to stabilized.
Owners and developers bring Abode in to lease up new communities and to keep established buildings full: pricing from our own rent data, the photography and marketing, every tour, screening and signed lease, with a report on your desk every week.
300+ units
the largest community we’ve leased up
1,100+
people came to Abode looking for a home in the last 12 months
3 markets
licensed Abode agents in Chicago, Nashville and Omaha
Monthly
our own rent index, including what managed communities give in concessions
Two ways we work
New buildings to fill. Open buildings to keep full.
New construction
Lease-up, from pre-leasing to stabilized.
We set launch pricing and concessions against the buildings you’re competing with, produce the photography, floor plans and video tours, run the campaign and staff tours until the building is full. One team, one weekly report, one point of contact.
Established buildings
Leasing support when units sit.
For buildings already open: vacancies that aren’t moving, a wave of turnover, a renovated wing coming back online. Hand us the units, and we price, market, tour and lease them, and report on each one until it’s signed.
What we bring that others don’t
Most leasing firms bring agents. We bring the whole operation.
Every piece of this already runs every day for Abode’s own clients. Your building plugs into it.
- 01
Pricing from our own lease data
The Abode Rent Index measures what renters actually pay, by neighborhood and home size, every month, including the free months and concessions managed communities are advertising. Your launch rents and concessions are set against that, not against asking rents on a listing site.
- 02
Renters already looking
People come to Abode every day looking for a place. When your units go live, our matching system finds the renters whose budget, size and neighborhood fit, and their agent reaches out. Your first tours don’t wait for the ads to start working.
- 03
Our own studio
Photography, floor plans and video tours are produced in-house, then posted across the rental listing sites, Craigslist and social. Consistent, fast, and changed the same day when pricing or specials change.
- 04
Agents who tour and close
Licensed Abode agents who know the building and the neighborhood show it, follow up with every prospect, screen with credit, income, rental history and reference calls, and carry each application to a signed lease.
- 05
Residents who stay
Leasing doesn’t end at move-in. We use tools that track how residents are getting on and alert you to anyone who may be unhappy, so issues are handled before a resident decides to leave or posts a bad review.
The weekly report
Every Monday, you know where you stand.
One report, the same every week, so the trend is obvious. If something isn’t working, the report says what we’re changing.
Monday leasing report
What’s in it
- Leads
- by source: listing sites, Craigslist, social, Abode’s own renters
- Tours
- booked, held and no-shows
- Applications
- started, approved and declined
- Leases
- signed against the target, and tour-to-lease
- The competition
- rents and concessions at the buildings you’re up against
- Residents
- anyone flagged as possibly unhappy, and what’s being done
- Next week
- what we’re changing, and why
How an engagement runs
From the first walk-through to stabilized.
01
Assess
We walk the property, pull the competing buildings’ rents and concessions, and send a written proposal: pricing, concessions, marketing plan and scope.
02
Launch
Photography, floor plans and video tours. Listings go live everywhere at once, and matched renters hear from their agent.
03
Lease
Tours, follow-up, screening with reference calls, applications and signed leases. The Monday report starts in week one.
04
Stabilize
Once you hit occupancy, we hand off cleanly or stay on for turnover and resident retention.
Case study · Lease-up
A 300+ unit new-construction community, from pre-leasing to stabilized.
Abode ran leasing for the building from pre-leasing through stabilization. It opened 21% pre-leased and reached stabilized occupancy eleven months later.
Building name and address withheld.
- Units
- 300+
- Pre-leased at opening
- 21%
- Months to stabilized
- 11
How we’re paid
Priced to the building and the scope.
Leasing is paid per signed lease. When we’re also your marketing arm, with the creative, the campaign and the reporting, that scope is priced in the proposal. We don’t publish rates because no two buildings need the same thing; you’ll have a written proposal after we’ve walked the property.
Questions owners ask
Straight answers.
What does a lease-up company do?
A lease-up company leases a new or newly renovated apartment building from its first units to stabilized occupancy: it sets pricing and concessions, markets the building, tours prospects, screens applicants and signs leases. Abode does all of that for owners and developers in Chicago, Nashville and Omaha, and also supports leasing at established buildings.
Do you work with established buildings, or only new construction?
Both. Besides new lease-ups, owners bring us in when units are sitting, when turnover spikes, or when a renovated section comes back online.
How are you paid?
Leasing is paid per signed lease. When we’re also the property’s marketing and leasing arm, that added scope is priced in a written proposal. Rates depend on the building and what it needs.
Do you replace our property manager?
No. We’re the leasing and marketing team. Management, maintenance and accounting stay with you or your manager, and we work alongside them.
How do you set rents and concessions?
From the Abode Rent Index, our own monthly measure of what renters pay by neighborhood and home size, including the concessions managed communities are offering, plus a survey of the specific buildings you compete with.
What reporting do we get?
A report every Monday: leads by source, tours, applications, leases signed against target, competing buildings’ rents and concessions, resident flags, and what we’re changing next.
Which markets do you cover?
Chicago, Nashville and Omaha, with licensed Abode agents in each.
Let’s walk your building.
Tell us about the property and your timeline. We’ll set a time to walk it, then send a written proposal: pricing, concessions, marketing and scope.
Chicago · Nashville · Omaha