On March 27 Congress passed the Coronavirus Aid, Relief and Economic Security (CARES) Act. RealPage’s VP and Deputy Chief Economist Jay Parsons and VP of Legal, Mike Semko, discuss the provisions that may have the most impact on multifamily investors, owners and operators including forbearance options, eviction proceedings and the Paycheck Protection Program.*
Join us for the live webcast, COVID-19: How the CARES Act Impacts You, and learn more about:
- CARES Act and its effect on property operations
- State and local executive orders
- Strategies for moving forward
*This webcast is intended to notify recipients of new developments in the law. It should not be construed as legal advice or legal opinion on any specific facts or circumstances. The contents are intended for general informational purposes only, and you are urged to consult your own attorney concerning your situation and specific legal questions you have.
Mike has served as counsel to real estate and technology firms for more than 20 years focusing on company compliance, operations and land use issues. Prior to RealPage, he was deputy general counsel at NWP Services Corporation and senior counsel at the National Apartment Association. At NAA, Mr. Semko built the association’s national lease program, which provides residential leases to more than 6 million apartment units at twenty thousand multifamily communities. Mr. Semko received his B.A. from The University of the South and his J.D. from Tulane University Law School. He is licensed in Virginia and Louisiana.
Jay Parsons
SVP & Chief Economist, RealPage, Inc.Jay Parsons serves as Senior Vice President, Chief Economist for RealPage, leading the Economist and Industry Principal teams to provide deep insights on market trends and consumer behaviors. He is a frequent author and industry speaker on topics affecting multifamily apartments and single-family rentals, including rental housing investment and asset management strategy, rental housing policy issues, risk mitigation and property management.
Jay has been cited in The Wall Street Journal, Bloomberg, The Financial Times, The Economist, and The New York Times, and he has appeared on CNBC and BloombergTV. His commentaries have been published by Barron's, the Pension Real Estate Association, the Mortgage Bankers Association, the National Apartment Association, American Banker and GlobeSt.
