Reply: We recently acquired a property and the owner would like to open a daycare.

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Saidulu Polagoni
Dear mam,I'm having multiple roles experience
Posted 1 year 1 month ago
If you go through their multifamily partnership program. It used to be called Pillow
Posted 1 year 1 month ago
I would first confirm a strong solid interest in tenants that would want daycare services and would be willing to pay a premium on a property that had a daycare. If you can’t demonstrate that then it begs the question of why put forth the effort to put it up n place. So many things are done as an idea without data to back up if it is a good idea.
Posted 1 year 1 month ago
Tanesha, what has the leased space been used for prior to your acquisition? How many square feet is it?
Posted 1 year 1 month ago
Maybe reach out to foundation communities for advise or to be pointed in the right direction. They provide services such as this and are hugely successful in Austin.
Posted 1 year 1 month ago
I would definitely go through the state, in order to ensure proper licensing and insurance. The property owner may also be required or encouraged to carry additional liability insurance. This is a great amenity to offer your residents, and even teammembers. I'm interested to see how it works out for you.
Posted 1 year 1 month ago