Why it matters
A property can be physically full but underperform economically due to concessions and bad debt. Faster leasing reduces concessions, and better collections communication reduces bad debt, both lifting economic occupancy.
Definitions fact sheet
What is economic occupancy?
Economic occupancy is the percentage of potential rent a property actually collects, accounting for vacancy, concessions, and bad debt, and it is a more accurate measure of performance than physical occupancy alone.
The occupancy number that reflects real revenue.
By the numbers
%
of potential rent actually collected
vs
physical occupancy (units filled)
lower
than physical when concessions are high
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FAQ
More on what is economic occupancy?
Common follow-up questions property managers ask.
Contact supportPhysical occupancy counts filled units; economic occupancy counts the rent actually collected against potential.