Conventional Multifamily
Series: Market Update

Up Close and Local: Boston Market Update

Apartment sector performances in the country’s coastal gateway markets like Boston generally have faltered in recent months, struggling more than has been the norm in the Sun Belt and across the Midwest. However, the market traditionally has had lots of appeal for investors, influenced by characteristics that include solid economic expansion, well-educated workers who earn substantial incomes and a chronic shortage of housing, including apartments. Can the market get back on track and sustain the appeal seen earlier?

Join RealPage analysts for an examination of key apartment sector metrics in Boston and the metro’s near-term outlook.

Discussion topics include:

  • Occupancy and rent growth levels
  • Construction activity concentrations by neighborhood
  • Property sales and pricing
  • Neighborhood-level performance variation

Greg Willett

Chief Economist, RealPage, Inc.

Greg facilitates the alignment of the firm’s technology and analytics solutions with rental housing sector needs and opportunities. He is well versed on rental housing market fundamentals and activity nationally, by metro and in individual neighborhoods. Greg is active in industry organizations such as the National Multifamily Housing Council, the Urban Land Institute and the National Apartment Association. He provides commentary for national and local business media.

Arben Skivjani

Economist & Data Scientist, RealPage, Inc.

Arben Skivjani is an Economist and Data Scientist for RealPage, Inc. His primary focus is on forecasting and modeling, economic impact studies, reporting and analysis of macroeconomic indicators that affect the multifamily industry. Prior to joining RealPage, Arben worked for several government and private sector entities, including the District of Columbia Department of Employment Services, Center for Business and Economic Development at the University of Alabama and Camoin Associates in Upstate New York. As a native of Kosovo, Arben worked on several projects for the United Nations World Health Organization and the European Agency for Reconstruction in Southeastern Europe.

Arben is an active member the Dallas/Fort Worth Association for Business Economics and the National Association for Business Economics and served as a vice president and board member Alabama Economics Club.

Arben graduated with a bachelor’s degree in business administration from Auburn University at Montgomery and a master’s degree in economics from The University of Alabama.

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Up Close and Local: Boston Market Update

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