Renewals / Retention

Riverbend Lofts · 1060 · 09/05/2026
expirations, offers, decisions
Expiring · next 90 days
25
11 without an offer out
Offers pending
12
sent, no decision yet
Renewal rate · 12 mo
75.0%
57 of 76 decided offers
Renewal trade-out
+0.4%
offered +1.1% · new-lease trade-out +6.3%
11 leases expiring within 90 days have no renewal offer out.2 residents have already given notice.Review decisions due

Renewal rate by month

12 months · offers decided in the month they were sent
0%50%100%Sep '25Nov '25Jan '26Mar '26May '26Jul '26Aug '26

Accepted offers over decided offers. Every renewal in the lease table is an accepted offer, and every move-out at lease end is a declined one, so the rate reconciles to turnover.

Why declined residents left

last 12 months
Job Relocation5
Bought Home3
Family Reasons3
Military2
Needed Less Space2
Moving to Another Property1

Move-out reason recorded on the lease the offer was made on.

Offers out and recent decisions

12 pending · decisions in the last 30 days
UnitResidentExpiresCurrent rentOfferedOffer %MarketSentDecision
206 LSCarol Brown09/30/2026$2,025$2,065+2.0%$2,30008/10/2026Pending
205 L2BValentina Howard09/30/2026$3,205$3,270+2.0%$3,48508/13/2026Pending
307 L2BSarah Cook09/30/2026$2,690$2,745+2.0%$3,65507/22/2026Pending
308 L2BAna Martinez09/30/2026$3,330$3,395+2.0%$3,53007/23/2026Pending
214 LSDmitri Campbell09/30/2026$2,135$2,180+2.0%$2,33007/25/2026Pending
415 LSNicole Castro09/30/2026$2,240$2,285+2.0%$2,29507/18/2026Pending
413 L1BChristine Smith09/30/2026$2,690$2,745+2.0%$2,83007/31/2026Pending
614 LSMiguel Hill09/30/2026$2,185$2,230+2.0%$2,40008/12/2026Pending
607 L2BJuan Reyes10/31/2026$3,425$3,495+2.0%$3,54008/25/2026Pending
209 L1BDebra Peterson10/31/2026$2,405$2,455+2.1%$2,80008/30/2026Pending
403 L1BMichelle Johnson10/31/2026$2,775$2,830+2.0%$2,91009/01/2026Pending
507 L1BValentina Walker10/31/2026$2,680$2,735+2.0%$2,85508/25/2026Pending
414 L2BKaren Ross08/31/2026$3,295$3,330+1.1%$3,58507/11/2026Accepted 08/09/2026
602 L1BDiego Fernandez08/31/2026$2,640$2,6400.0%$2,75507/15/2026Accepted 08/07/2026

Decisions due · no offer out

11 leases expiring within 90 days
UnitResidentExpiresIn-place rentMarketGap
513 L2BAmy Castro10/31/2026$3,495$3,705+6.0%
106 L1BJuan Bennett10/31/2026$2,570$2,765+7.6%
606 L2BJennifer Fernandez10/31/2026$3,410$3,610+5.9%
609 L1BThomas Morgan10/31/2026$2,725$2,870+5.3%
616 LSAna Robinson10/31/2026$2,365$2,440+3.2%
514 L1BMateo Ramos11/30/2026$2,735$2,845+4.0%
506 LSJennifer Johnson11/30/2026$2,285$2,335+2.2%
309 L1BTariq Edwards11/30/2026$2,635$2,760+4.7%
316 L1BAndrew Ward11/30/2026$2,785$2,915+4.7%
411 L1BJose Edwards11/30/2026$2,720$2,885+6.1%
105 LSHiro Allen11/30/2026$2,090$2,370+13.4%
Definitions

Offers go out 45–75 days before expiration. Trade-out is the change from the expiring rent to the renewal rent on accepted offers; new-lease trade-out compares each new move-in's rent to the prior resident's rent on the same unit. Gap is market rent less in-place rent, the size of the renewal increase available. Notice residents show as declined offers.