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Vacancy Loss
Potential rental income not earned because rentable units are vacant, stated as a dollar amount for a defined period.
Vacancy loss is potential rental income not earned because rentable units are unoccupied. It is a dollar amount for a stated period; physical vacancy rate instead expresses the vacant share of units or space.
Fannie Mae's multifamily reporting definitions separate vacancy loss from concessions and bad debt, and treat designated non-revenue units separately. Keep those categories distinct when interpreting that report.
Frequently Asked Questions
Are concessions included in Fannie Mae's vacancy-loss line?
No. Its multifamily operations definitions report concessions separately from vacancy loss and bad debt.
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