Overall: Coleman improved in leasing but saw a slight revenue drop.
Performance Update: Coleman (Dec 2025 vs Jan 2026)
This report provides a performance update for the Coleman property, comparing key operational metrics from December 2025 to January 2026. The metrics analyzed include move-ins, move-outs, net rentals (move-ins minus move-outs), actual occupancy rate, and actual revenue. The tables below break down these metrics by property and month, followed by a summary of month-over-month changes.
Coleman Property Performance
Coleman – Key Metrics (Dec 2025 vs Jan 2026):
Highlights for Coleman:
Leasing Activity: Coleman experienced higher move-ins in January (15, up from 13 in Dec) while move-outs declined (11 in Jan, down from 12). This led to a net rental gain of 4 in Jan (versus a net gain of 1 in Dec), indicating improved tenant retention and growth. Occupancy: The occupancy rate held steady at approximately 88% in both months. Coleman had 242 occupied units at the end of January vs. 243 in December, so effectively no significant change in occupancy level month-over-month. Revenue: Actual revenue dipped slightly. Coleman collected about $46.4k in January, down from $48.6k in December. This ~$2.2k decline (roughly –4.6%) occurred despite similar occupancy, suggesting possible rate differences or timing of payments. Overall, Coleman's occupancy remained flat with modest improvement in net rentals. Both properties' revenues were relatively stable, with Coleman seeing a slight drop in January. The month-over-month changes are summarized in the tables above for a clear comparison of December 2025 vs. January 2026 performance per property.