Total Leases that Expire in 120 Days

Overview

"Total Leases that Expire in 120 Days" is a vital metric for property managers and management. It identifies the number of leases approaching their end within the next four months, providing crucial insights into potential turnover and the need for lease renewals or new tenant acquisitions. This metric helps in proactive property management, ensuring a steady flow of income and minimizing vacancy rates. 

How is it Calculated?

This metric is calculated using the following formula:

  Total Leases Expiring in 120 Days = Count of Leases with End Dates                                                                                              Between Today and Today+120 Days 

Where to Find This Metric?

1. Go to the Global-View in Socienta (eg. https://dune.socienta.io/).
2. Click on the Dashboard icon (Socienta).
3. Navigate to the PM Occupancy Dashboard (Socienta). 
4. Renewals/loyalty metrics tab.
5. Filter the data by date to view specific metrics for that date.

How to Use Filters in Our Dashboard?