Apartment construction in Northern New Jersey continues to accelerate, with 2019’s delivery volume set to hit a new high for the current cycle. Most of the run-up is concentrated in submarkets that offer easy commutes to Manhattan. Join Greg Willett and Adam Couch as they discuss the relationship between the increased building in metro Newark-Jersey City and the loss of momentum in pricing power growth.
We’ll discuss:
- Occupancy and rent growth levels
- Newark-Jersey City’s role in the regional and national marketplace
- Trends across the spectrum of Class A, B and C properties
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 and has extensive experience researching economic and demographic trends that support clients in their investment decisions. He has been a featured speaker at several multifamily housing industry conferences and regularly provides commentary for national and local business media. Prior to joining RealPage, Adam worked at Fannie Mae, advising leadership on risk management for current pricing and acquisitions.
