Boston-Based, Short-Term Corporate Housing Company Continues to Expand Inventory by Partnering with Local Condo and Property Owners
Boston, MA (April 27, 2015) – Northeast Suites is continuing to expand Boston’s largest inventory of corporate housing units by offering local condo and property owners the opportunity to partner with Northeast Suites and make the most of their calculated real estate investments.
“Partnering with Northeast Suites offers property owners the unique opportunity to maximize the return on their investment while eliminating the everyday hassle of managing the rental process,” says Northeast Suites General Manager, Jason Rolince. “Condo owners will also have great peace of mind knowing they are working with an award winning company that is Boston’s most trusted and creative corporate housing provider.”
Northeast Suites’ existing corporate unit inventory consists primarily of furnished apartments in multi-family apartment complexes, and Rolince was recently acquired as GM to expand that unit selection to private condo rentals in exclusive locations. Partnering with Northeast Suites offers property owners a highly profitable, stress-free alternative to renting to tenants on standard yearly or monthly leases, and offers a far superior option to that of competing companies such as Airbnb.
Every potential guest prior to occupying a Northeast Suites unit is background checked and guests stay an average of 70+ days. To make partnerships with property owners as rewarding as possible, Northeast Suites handles all utility payments, maintenance and property management responsibilities for guests. Northeast Suites also personally interviews each property owner and provides insight to make their property more corporate travel friendly and advises how to maximize partnership revenue generation.
Northeast Suites is also now paying referral fees and commissions to real estate brokers for furnished property management leads.
Northeast Suites’ venture into managing furnished condo units in the Boston area’s most desired communities further diversifies its portfolio of traditional corporate housing. Northeast Suites in the past calendar year has increased its property count 300%, increased revenue by more than 350%, and has opened a satellite downtown Boston office at 800 Boylston Street to meet the demands of downtown properties and clients.
About Northeast Suites
Northeast Suites provides luxury furnished housing nationwide with a focus in the Northeast, offering corporate, temporary housing in apartments, condominiums, and houses for clients ranging from Fortune 500 companies to individuals in need of a hotel alternative for their short-term stay. Northeast Suites currently has an occupancy rate of ninety nine percent since its launch in March 2012, and works with hundreds of different properties and national property management companies throughout the country. They have formed strategic alliances with HR professionals at corporations in the biotech and software industries, medical institutions, media conglomerates, professional sports teams and traveling nurse companies. For more information, please visit www.northeastsuites.com.