Up Close and Local: Southern California Market Update
Apartment market performances across the Southern California metros are holding up reasonably well compared to the metrics seen in other locations across the country. In particular, rent growth for Class A properties is healthier. However, new product deliveries in Southern California are scheduled to jump sharply just ahead—with apartment completions in Los Angeles (the nation’s second largest apartment market) set to soar to the highest levels in more than two decades.
Join RealPage experts as they discuss who’s riding the wave of new supply and who could go under. Find out:
- Can the region handle the upturn in new supply?
- Which market pockets could experience greater effects from increased supply?
- What are the potential impacts of the Prop 10 vote on rent control regulations?
Greg WillettChief 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.
Carl WhitakerMarket Analyst, RealPage, Inc.
Carl Whitaker is a market analyst with RealPage’s Data Analytics division. He brings a background in geography and demographics, analyzing the apartment sector and creating in-depth reports and presentations for clients. Carl has previously worked as an analyst for Axiometrics and for a commercial real estate consulting company whose clients included multifamily property owners where he conducted demographic analysis and analyzed demand for land uses. He holds a Master of Science in Geography.
Adam CouchMarket 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.