531
Total Leases
423
Active
2.0 yrs
Avg Tenure
97.2%
1+ Year Rate
Retention by Lease Cycle
Retention Funnel
Placed (Total)531 (100%)
Stayed 1+ Year → In 2nd Year+516 (97.2%)
Renewed → In 3rd Year+205 (38.6%)
Long-Term (3+ Years)104 (19.6%)
Marketing-Ready Stats
- 97.2%of residents complete their lease and enter their 2nd year — nearly 2× national avg
- 50.1%are currently in their 2nd year with PAM — active and renewed
- 38.6%of residents are in their 3rd year or beyond — renewed more than once
- 19.6%are long-term residents (3+ years) — real loyalty, built on trust
- Only 2.8%of leases ended before completing 1 year
- 0.4%eviction rate vs. 2.5–5.3% national avg (6–13× lower)
- 1.3%lease break rate vs. ~5–7% national avg (4–5× lower)
- 14+ yrslongest resident tenure — with PAM since 2012
- 98.3%of all leases completed with zero incidents
PAM vs. National Industry Averages
Sources: Zego 2025, NAA, Eviction Lab, Census Bureau, REI Prime, MRI Software, Redfin
Risk Metrics — Lower is Better
What This Means for Investors
97.2% of PAM residents enter their 2nd year — nearly double the national average. Lower vacancy risk, fewer turnovers (avg $3,872 per turnover nationally), and more predictable cash flow. A 0.4% eviction rate vs. 2.5–5.3% nationally reflects strong screening and management.
2
Evictions
0.4% · Natl: 2.5–5.3%
7
Lease Broken
1.3% · Natl: ~5–7%
98.3%
Clean Rate
522 of 531 leases
Evictions (2)
PAM: 0.4% · National: 2.5–5.3% (Census/GAO) · Filing rate: 7.8% (Eviction Lab)
Lease Broken (7)
PAM: 1.3% · National: ~5–7%
Less Than 1 Year — 15 Leases (2.8%)
Most are new/future leases or short-term placements.
Top 10 Longest-Tenured Residents
104 residents (19.6%) 3+ years. National avg: ~10–15%.