Thanks, Scott.
rent same-store to increased maintain XXXX. period. up occupancy and the X% growth high X% during in levels operating first driving year-over-year quarter continue growth while drive of X.X%, of NOI were We year-over-year, expenses the Same-store revenue
Contract want This repair higher and snow of on quarter the to and markets XXXX I unique record, traffic to of our unprecedented decrease our freezing or and weather one teams ground harshest QX of and a additional for of Jackson recognize to at water casualty was Utilities categories. services costs, increased The on markets expenses $XXX,XXX were storms. were expense of States United Raleigh Atlanta, many and impacted caused [indiscernible] as had our increased like institutes $XX,XXX winters effort. walk-in for the in primarily experienced the our Southeast with the up of to significant frozen none several due the removal their due X.X% we and lines. experiencing conditions due conditions in up communities
Further Columbus, We and Atlanta, strong basis-point were result which Orlando, Nashville increase Our Columbus. core all This core was same-store top-line saw performance we to City a XX at end shows Hinesville, the growth our a NOI opportunity in of continued revenue NOI our markets. quarter. was X%. Oklahoma our same-store in These propelled in saw outperformance by XX.X% of the delivering markets. double-digit increases of same-store the several north growth of and Atlanta, growth occupancy,
Focusing on job and Atlanta to outperform population a growth. market markets, benefitting our is thriving larger from continues
and revenue this properties NOI expenses market reduction growth had of of X.X%, of growth in of X.X% a same-store XX%. Our generating
of Most the we’ve property out the and to to XX successful took XXX XX.X% points community, down Community, occupancy impact As conditions. attributed attributed expenses which in result resulting project ago while less significantly Expenses NOI an be XX%. revenue increased season. growth decline units Louisville increasing growth of to occupancy, for revenue estate of generating year. was X.X%. to in an decline growth submarket a XX% across in experienced offline increase weather of to units X.X%. revenue. X.X%, by due recent by Memphis XX turn of City slow of large and there in rents boost NOI appears X.X%, almost and the over we're resulting X% be offset last reassessments, To X% was saw Much were occupancy we we year for as months revenue the asset the is from but NOI of had by by The we our basis decreased it producing operating at increase lease-up of flat as renovations compared XXX Jamestown overall of rebound. well the real And X.X%. basis year-over-year last we was tax occupancy reduced some year, growth this to unit a but starting where X.X%. last can year Expenses this this dropped now market XX% to the the ahead as of can to X%, slightly occupied mentioned, value-add we which bottomed start a from in points as increased rent as of XX.X% Oklahoma traffic
X.X% Orlando this community we challenging community Greenville on community Millenniums Charleston community delivered half XXXX. In Greenville, up will X.X% new with some in accordingly second may continue to diminished consistent supply the be revenue in to has Similarly, this stated as significant and in last ours at pressure. the this year-over-year adjacent even begin see markets. while our lease results we and Charleston. up Later in revenues - of softness call, As directly submarket year, located
directly and are performance, competing Our communities Despite believe track still we Class in deliver are to revenue on these for markets construction. both these QX XXXX. are new growth with markets X.X% A
Turning activity. investment to
as during closing nine-community purchased bringing percentage the our units market the acquisition, two two to last In exposure communities the in addition of a X.X%. total Columbus quarter, portfolio to communities of in the we
at communities two were including in cap with X.X% Airport downtown occupied purchased The and $XXX. an International was a XX.X% While Columbus. the economic These on Rickenbacker hubs, XX during Business acquired for community is community call, million. we acquisition submarket previous $XX several Hilltop conveniently Great the of in one and between This the is we situated approximately XXX-unit subsequently located updated end you on at employment of quarter blended February community rent the Columbus rate. District average
signaled in scale to as we the QX we we As believe we’ll capitalize on opportunistic strong the the growth market fundamentals we market at has by X.X%. overall evident rent Columbus continue the past, there. for built have And be
Lastly, - few our and I are value-add share the initiatives. to turns we more details around value-add going Echoing projects Scott’s planned statement, as want projected.
units the As XX, we units $X,XXX of cost X average an March of XXX of Phase in the per unit. at X,XXX completed
of monthly are representing $XXX premium We rent expiring re-leasing lease, the unit XX% average per a over units with return. an a
communities, projects complete total expect of later XXXX of being year. units X,XXX on our nine pipeline at the to Phase Phase end X in track and X We by this to are aggregating
to I’ll complete projects turn our Phase the that, for With to an Jim end by update of over X expect We the on call the financials. XXXX.
