Strata Curiosity Solved

Readers of this blog know that I have been perplexed by the Strata Loft apartments occupancy rates. While Reilly's City Center Realty and The Morning Call maintain that there is a waiting list, dark apartments, empty streets, closing stores and common sense say otherwise. We learned that Reilly provides his commercial tenants with guest apartments, but why the charade between leased and occupied? Recently, my curiosity was put to rest.   From an article about the Moody's  bond ratings.... 

Fully leased residential buildings indicates the area’s desirability continues to improve,   Moody's bond analysis

Revenue bonds are a key ingredient of Reilly's strategy. The bonds finance the construction with a much longer term than conventional commercial loans would allow. If claiming the buildings are fully leased helps sell the bonds, let the proclamations begin. My only question is how the Morning Call staff can work across the street, and write that myth, while staring at the dark Strata windows?