CCA rental properties boost occupancy and reopen in phases after COVID-19 lockdown

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The occupancy rates of China Construction America’s (CCA) rental properties remained high amid the pandemic, including Hudson Park, a flagship residential community in Yonkers, NY, and Broadstone Post Oak, a luxury residential community in Houston, Texas. Both are multifamily communities under Strategic Capital, the investment and development arm of CCA. Strategic Capital has been closely monitoring the COVID-19 pandemic and adapting quickly to new situations in order to ensure the safety and health of all residents.

The leasing offices of both communities were closed on March 16 in accordance with the federal order of social distancing to contain the spread of COVID-19. Non-essential amenity spaces such as fitness centers, pools, and clubrooms were closed. All resident events were suspended, and non-essential service requests were postponed. During this unprecedented time, communication with residents has been more important than ever, which focused on advocating the implementation of social distancing practices to keep all residents safe and healthy. All procedures for handling suspected and confirmed COVID-19 cases as well as self-quarantine protocols were strictly followed. As a result, both communities were able to maintain high occupancy rates during the pandemic, and they also had very few confirmed cases.

In early June, both properties began slowly reopening in phases. Broadstone Post Oak has opened outdoor facilities including the pools, and its leasing offices has resumed accepting on-site appointments. Hudson Park has cautiously reopened its outdoor amenity spaces with a priority placed on ensuring the health and safety of residents, and its indoor amenities are planned to fully reopen by the end of June.

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