Conventional Multifamily
Series: Market Update

Up Close and Local: Las Vegas Market Update

The hospitality industry plays a bigger role in Las Vegas than in any other U.S. economy. Job cuts in this metro have been huge, but hotels and casinos now have begun to re-open. How severe is the hit that local apartment properties have taken on occupancy, rent collections from the existing renter base and pricing power for new leases?

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

Discussion topics include:

  • The Las Vegas economy and other apartment demand influences
  • Apartment occupancy and rent change by product class
  • Performance variation across the metro’s key neighborhoods
  • Construction activity

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.

Adam Couch

Market Analyst, RealPage, Inc.

Adam Couch is a market analyst with RealPage’s Data Analytics division. Prior to joining Realpage, Adam worked in the foreign exchange and futures industry where he focused specifically in capital markets. He graduated from the University of North Texas with a degree in Finance and was a part of the Student Investment Group. Adam has traveled extensively throughout China where he studied international policy and its impact on macroeconomics.

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Up Close and Local: Las Vegas Market Update

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