Corporate Housing Real Estate Report 2017: Outlook & Profitability

Profitability Great news for Corporate Housing​, the fifth year in a row, more than 9 out of 10 respondents ​report their properties are profitable or break-even. Over the last few years we have seen an influx of new investment owners entering the market. And they are paying more per square foot for their property purchases than that of previous owners. This means their overall expenses are now greater than the former owners. of these properties and profitability is therefore reduced. Owners with a lower cost basis and with rising rents have seen increased profitability. This year however, factoring in these...