Texas Just Got Bigger!
M/PF YieldStar Apartment Markets Conference Grows to Include Southwest Markets Insights
(August 24, 2008) — M/PF YieldStar, the leading source of apartment market intelligence for the multifamily industry, today announced that its Texas Apartment Markets Conference is not stopping at the state line this year. It’s being expanded to include apartment sector performances and outlooks for Phoenix, Denver and Las Vegas. To highlight this growth, the established multifamily industry conference is getting a new name: the Texas/Southwest Apartment Markets Conference.
The Texas markets now command center stage in the U.S. multifamily picture, thanks in large part to the whopping 56,000+ apartment units under construction across Dallas/Fort Worth, Houston, Austin and San Antonio as of mid-year. Add in another 12,000 units under construction in Phoenix, plus 5,300 on the way in Denver and 4,000 in process in Las Vegas. With all that activity, there will be lots to talk about at M/PF YieldStar’s early November apartment markets conference, which will examine the current market fundamentals and outlooks for the Lone Star State’s major metros plus the Southwest major metros.
“It’s a dynamic time for apartment market conditions, given the significant shifts seen in job production by market and the varying impact that competition from shadow market rentals is having by area” said Greg Willett, vice president of research and analysis for M/PF YieldStar. “Metro and neighborhood selection is becoming a greater element in investment success, so it’s important to know your markets and your position in those markets.”
Also featured at the conference are roundtable discussions with key developers and operators active in Texas and the Southwest markets, plus an overview of transactions activity from the Marcus & Millichap team. A cocktail reception concludes the event.
Join the M/PF YieldStar staff and other industry experts on November 5, 2008, to gain insights helpful in forming near-term business strategies for the Texas/Southwest apartment markets. Registration is $450. Additional registrants from the same firm can attend for $400 each. The Hyatt Regency, Dallas is offering a special conference rate through October 3.
For additional information on the Texas/Southwest Apartment Markets Conference, please visit www.mpfyieldstar.com or contact Vanessa Hodge at 877-284-4938 ext. 3196.
About M/PF YieldStar
M/PF YieldStar is a division of RealPage, Inc., a leading provider of products and services to the multifamily industry. M/PF YieldStar provides asset optimization systems that maximize revenue, asset valuation, and investment return and publishes market research and analysis for the multifamily industry, offering investors, owners, operators, developers and lenders revenue management and market intelligence products and services needed to make sound business decisions. It builds its sophisticated products, comprehensive research publications and expert market analyses on the largest, most timely, and accurate multifamily housing database in the industry.
Located in Carrollton, Texas, a suburb of Dallas, RealPage provides products and services to more than 20,000 apartment communities across the United States. Its five on-demand product lines include OneSite© property management systems that automate the leasing, renting, management, and accounting of conventional, affordable, and student housing properties; CrossFire© sales and marketing systems that boost occupancy and build retention; M/PF YieldStar© asset optimization systems that maximize asset valuation and investment return; VelocityTM utility and billing services that accelerate payments for resident charges; and LeasingDeskTM point of lease systems that streamline the leasing process. For more information, call 1-87-REALPAGE or visit www.realpage.com.