Property Impact + Benefits
We sign master leases as a corporate tenant in multifamily developments, expediting lease-ups and increasing asset value.
+ Faster lease-ups
Reduce carry costs and get to stabilization faster
+ Improved NOI
Limited vacancies, reduced turnover costs, no locator fees
+ Better unit availability
Locale can lease less desirable units (e.g. lower floors)
+ Resident perks
Resident discount for stays in Locale units; more social events
+ Full-service operator
We don’t rely on the property team to handle guests. Our local team manages the operation, supported by our 24/7 guest experience team based in Austin, TX.
Responsible, trusted operator
Let’s work together
We are always looking for new multifamily and real estate partners to continue expanding and growing Locale.