Northstar offers free summer rent for customer appreciation

The apartment complex added a second building that was completed this summer.

Northstar 1599 is offering free rent during June and July and half-price rent in August after tenants sign a 12-month lease to show customers their appreciation, managers say. Property manager Katrina Eggum said, âÄúThis is a chance that we wonâÄôt allow next year.âÄù Greg Jansma , owner and operator of the building, said the deal is beneficial for both Northstar and its tenants. Students moving in early is beneficial for the managers because an unoccupied unit results in high insurance costs, which they are trying to avoid. Also, if the buildings are empty, the chances are greater that they might be vandalized, Jansma said. Eggum said the reason for making the deal affordable for renters is not because they are facing financial distress, but rather for customer appreciation. After a year of construction, the 28-unit apartment complex was finalized in mid-June. ItâÄôs the second phase of the Northstar apartments, located opposite Northstar 1611, which was constructed about two years ago. With many residential halls and other apartment complexes oriented toward students, Eggum said they chose to build the new Northstar 1599 because they havenâÄôt had vacant units since the first building opened. âÄúWe are pretty much confident that weâÄôll fill in this one as well,âÄù she said. The two buildings are located next to the Bierman Athletic Complex, and Eggum said many of their renters are athletes. Global studies and Hebrew senior Marina Zevelev said it is a little more expensive compared to other places sheâÄôs lived, but itâÄôs worth the extra cost. She said she likes the management system and the living environment, and though she first signed a one-year lease, she is now thinking about staying for two years. Other apartment buildings The District on Delaware also has deals for the new tenants, despite already having 90 percent of their apartments filled. Director of leasing and marketing Kyle Ingebrigtson said if tenants come in for a tour and sign the lease within 24 hours, they waive the security deposit and the application fee, a $124 value. Even though the District on Delaware had a mixture of nine- and 12-month leases earlier this summer, Ingebrigtson said in the future they will only have 12-month leases because they were successful in filling all of their units that had the nine-month option. Ingebrigtson said they are not worried about the promotions other apartments offer because of their high percentage of already-leased units. Other apartment building managers said they donâÄôt offer any sort of promotion because of the popularity of their properties. Heather Bendel, property manager of Stadium Village Apartments , said she doesnâÄôt have any specials going on right now because she has âÄúbeen able to rent apartments easily.âÄù Maria Kelly, assistant manager of Bierman Place Apartments , said they used to waive application fees but have since stopped, adding that 95 percent of their units are full for the fall.