Lease to Locale. 

Locale signs leases as a corporate tenant in multifamily and mixed-use developments, expediting lease-ups and increasing NOI.


 
latitude_unit1_overview-18.jpg
 

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.

locale_July18-123.jpg
 

Responsible, trusted operator

 

 

Current Partners

 
locale-colors-02.png

 

Let’s work together

We are always looking for new multifamily and real estate partners to continue expanding and growing Locale.

 

Please complete the form below.

Name *
Name