100% Leased Up In 4 Months

100% Leased Up In 4 Months

100% Leased Up In 4 Months

Clipper Lofts, Grand Rapids, MI

Client

Clipper Lofts

Developer

Pinnacle Development

Pinnacle Development

Location

Grand Rapids, MI

Grand Rapids, MI

Class

A

A

Units

35

35

Timeline

Feb 2026 – May 2026

Feb 2026 – May 2026

Clipper Lofts logo

Project Brief

Clipper Lofts is a 35-unit Class A new development adapted from a historic belt factory, brand-new loft-style apartments near downtown Grand Rapids. It was Pinnacle's first multifamily development: no track record in the market, no two units alike, and a six-month lease-up clock. Snaplistings ran the full lease-up program and delivered a fully leased building two months early.

Project Brief

Clipper Lofts is a 35-unit Class A new development adapted from a historic belt factory, brand-new loft-style apartments near downtown Grand Rapids. It was Pinnacle's first multifamily development: no track record in the market, no two units alike, and a six-month lease-up clock. Snaplistings ran the full lease-up program and delivered a fully leased building two months early.

Why was Clipper Lofts a hard lease-up?

It was Pinnacle’s first development, no two floor plans matched, many two-bedrooms were really one bedroom plus an office, and the building was not walkable to downtown Grand Rapids.

Challenges:

  1. First development for Pinnacle, no residential track record in the market

  2. Every floorplan unique, messaging needed clarity

  3. Onsite team felt that this would be a challenging lease up due to unusual layouts and locations

  4. Not walkable to downtown, renters needed vehicles

  5. Phased construction: Phase 1 non-lofts, Phase 2 lofts

Why was Clipper Lofts a hard lease-up?

It was Pinnacle’s first development, no two floor plans matched, many two-bedrooms were really one bedroom plus an office, and the building was not walkable to downtown Grand Rapids.

Challenges:

  1. First development for Pinnacle, no residential track record in the market

  2. Every floorplan unique, messaging needed clarity

  3. Onsite team felt that this would be a challenging lease up due to unusual layouts and locations

  4. Not walkable to downtown, renters needed vehicles

  5. Phased construction: Phase 1 non-lofts, Phase 2 lofts

How did Clipper Lofts lease 100% two months early?

By running the full SL Renter Funnel™, repositioning the confusing floor plans in plain language, and using high-quality video ads to show interiors, amenities and the neighborhood.

Full Lease-Up Program: An on-site property tour and key messaging workshop, lead capture page and ad creative, paid social campaigns, organic marketing on Reddit and Facebook Marketplace, GEO initiatives for ChatGPT visibility, SMS and email nurture sequences, performance reporting, and weekly meetings with the leasing team.

Floorplan Repositioning: Most of the 2-bedroom options were really 1-bed-plus-office layouts. We repositioned how these units were messaged, clarifying what renters were actually getting, and used the repositioning to level-set market pricing. In a building where no two units matched, this turned confusion into a selling point.

High-Quality Ads: Video ads with high click-through rates highlighted unit interiors, amenities and the neighbourhood, feeding the funnel with engaged, qualified traffic.

How did Clipper Lofts lease 100% two months early?

By running the full SL Renter Funnel™, repositioning the confusing floor plans in plain language, and using high-quality video ads to show interiors, amenities and the neighborhood.

Full Lease-Up Program: An on-site property tour and key messaging workshop, lead capture page and ad creative, paid social campaigns, organic marketing on Reddit and Facebook Marketplace, GEO initiatives for ChatGPT visibility, SMS and email nurture sequences, performance reporting, and weekly meetings with the leasing team.

Floorplan Repositioning: Most of the 2-bedroom options were really 1-bed-plus-office layouts. We repositioned how these units were messaged, clarifying what renters were actually getting, and used the repositioning to level-set market pricing. In a building where no two units matched, this turned confusion into a selling point.

High-Quality Ads: Video ads with high click-through rates highlighted unit interiors, amenities and the neighbourhood, feeding the funnel with engaged, qualified traffic.

100% 2 Months Ahead of Schedule

All 35 units leased in 4 months against a 6-month target.

746 Leads Generated

110 tours, 38 applications and 35 leases — full-funnel performance from first impression to signed lease.

84% App-to-Lease Conversion

15% lead-to-tour, 35% tour-to-app, 84% app-to-lease.

45x ROI on Marketing Spend

$1.34M in estimated lifetime lease value (avg. 28-month lease period).

100% 2 Months Ahead of Schedule

All 35 units leased in 4 months against a 6-month target.

746 Leads Generated

110 tours, 38 applications and 35 leases — full-funnel performance from first impression to signed lease.

84% App-to-Lease Conversion

15% lead-to-tour, 35% tour-to-app, 84% app-to-lease.

45x ROI on Marketing Spend

$1.34M in estimated lifetime lease value (avg. 28-month lease period).

Service used

Lease-up marketing

See the service →

See the service →

As featured in

HousingWire
Crain Communications
Inc. company profile
CustomerThink
2023 Top Women in Marketing Awards

As featured in

HousingWire
Crain Communications
Inc. company profile
CustomerThink
2023 Top Women in Marketing Awards

Hi! Let's Lease Up Your Property

Hi! Let's Lease Up Your Property

Schedule your consultation today to maximize occupancy and boost revenue.

Hi! Let's Lease Up Your Property

Schedule your consultation today to maximize occupancy and boost revenue.

Hi! Let's Lease Up Your Property

Schedule your consultation today to maximize occupancy and boost revenue.

Snaplistings