Lease Expiration Management: How to Stop Bleeding Exposure Before It Starts
Unmanaged lease expirations are one of the most preventable sources of revenue loss in multifamily — yet most communities only react to exposure problems after they've already formed. This post breaks down how to proactively shape your expiration curve, control concentration risk, and use pricing levers to protect occupancy without sacrificing rate.
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The Problem Nobody Talks About Until It's Too Late It's March. You pull your expiration report and realize 22% of your leases roll in June and July. Your leasing team is already stretched. The market softens in August. You have two choices: panicdiscount to fill units fast, or watch occupancy crater while you hold rate. Neither is a good option. And the frustrating part? This was visible six months ago.