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Month to Month Strategy
What’s Up Matrix Family? As operators, we have been implementing more month to month leasing to our tenants during the pandemic/moratorium. This has given us the opportunity to have better control of the narrative when it comes to tenants adding value to our business or not and also gives the tenant the opportunity on whether they want to continue to reside in our community or not by just submitting a 30 day notice. I wanted to know what some of the operators in the matrix thought about this strategy, especially during the Covid-19 pandemic? Good, Bad, or Neutral…
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1 Reply
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We have not done it ourselves, but I know some other operators that have. I think it’s a good option in the short term. I’m a big fan of optionality.
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