THE WAY TO LIVE WORK WELL

URBIN is designed to address the needs of today’s residents, fostering creativity and connection through design-forward residences, an amenity program focused on wellness, and social programming that fosters community.

THE OWNERSHIP PROGRAM
The leaseback agreement equates to a 7% annual triple net return based on the purchase price.
• Initial leaseback term of five years, 5 year option to renew at developer option.
• Owner retains right to use their unit for up to 90 nights per year.
• For every 30 days of use the return drops by 1% for that year.
• Staff services and maintains units avoiding the need for self-management.
• Instant access to socially curated events (happy hours, movie nights) and priority access to public amenities.
• Residences are a part of a managed extended stay rental program when not in use by the owner.

1. I If Client uses unit 0 Days, Net Leaseback program is 7%
2. If Client uses unit from 1-30 Days, Net Leaseback program goes down to 6%
3. If Client uses unit from 31- 60 Days, Net Leaseback program goes from to 5%
4. If Client uses unit from 61-90 Days, Net Leaseback program goes from to 4%