COVID-19: Impact on Apartment Pricing
During this rapidly changing and challenging time, RealPage is exploring every opportunity that will help our customers and the industry as a whole maintain optimum performance with the most current data, expert insights and practices you can start implementing to positively impact outcomes.
On Tuesday, March 24, RealPage’s Asset Optimization team, including Jay Parsons, Keith Dunkin and Andrew Bowen, will host the live webcast, COVID-19: Impact on Apartment Pricing, and discuss:
- How should apartment owners and operators approach pricing during a pandemic without overreacting?
- How do you balance expected limited demand, high retention and proceeding with caution around public reaction to rent hikes?
- How will the approach differ by asset class and asset strategy?
- Immediate measures you can start taking to fortify portfolio performance.
No one has all the answers in these unprecedented circumstances, but in this live and highly interactive webcast, we will do our best to address your questions.
Jay Parsons is RealPage’s Deputy Chief Economist and Vice President of Asset Optimization. Jay has been in the multifamily housing industry for more than a decade, and works across market research and forecasting, revenue management, business intelligence, as well as multi-dimensional optimization across pricing, marketing, leasing and risk management. He has provided commentary on CNBC and in the Wall Street Journal. His writings and research have been published by the Pension Real Estate Association, the Mortgage Bankers Association, the National Apartment Association, American Banker, GlobeSt and Multifamily Executive. Jay is also a frequent speaker at events and conference, including the National Multifamily Housing Council, NAIOP, NAA and ULI.
Andrew BowenIndustry Principal, Asset Optimization, RealPage, Inc.
Andrew joined the YieldStar team in 2010 as the Director of Business Development. Since that time he has served as a Consultant, Trainer, Professional Services Manager and Industry Principal across all of Asset Optimization. Prior to joining RealPage Andrew spent 15 years in multifamily operations.
He and his wife of 20 years share a passion for fitness and watching Marvel® movies with their two sons. When not on the road sharing the benefits of Business Intelligence you will likely find him in a martial arts dojo of some type. His favorite casino game is craps.
Keith DunkinSenior Vice President, Asset Optimization, RealPage, Inc.
Keith is responsible for the strategic vision, management and ongoing education for the Revenue Optimization and Business Intelligence platforms. Involved with YieldStar since its inception, Keith served an integral role in the growth and successful adoption of this product to the multifamily industry. He brings 15 years of experience in pricing and asset performance evaluation to RealPage, following a career at JPI as the Manager of Revenue Management, where he was heavily involved in key strategic initiatives related to portfolio diversification, asset site selection and ongoing operational performance improvement. Keith received his Bachelor of Business Administration degree in Economics from Baylor University.
Douglas BibbyPresident, NMHC
Douglas M. Bibby is President of the National Multifamily Housing Council (NMHC), a national organization of more than 1,100 member firms involved in the multifamily housing industry. Under his leadership NMHC represents the industry on Capitol Hill and before the regulatory agencies, promotes research and the exchange of information, and advocates for rental housing across a broad spectrum of issues. Prior to joining NMHC, Bibby spent 16 years as a senior officer of Fannie Mae, where he served on the company’s Management Committee throughout his tenure. He was part of the top management team that is credited with the remarkable turnaround at Fannie Mae in the book Good to Great.