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.
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.
Jay ParsonsVP, Head of Economics & Industry Principals, RealPage, Inc.
Jay Parsons serves as VP, Head of Economics & Industry Principals for RealPage. He is a frequent author and speaker on topics including rental housing investment and asset management strategy, rental housing policy issues, risk management and property management – covering apartments and single-family rentals. Jay has been cited in the Wall Street Journal, Bloomberg and CNBC, among other outlets. His commentaries have been published by the Pension Real Estate Association, the Mortgage Bankers Association, the National Apartment Association, American Banker and GlobeSt.
Andrew BowenVice President, Market Strategy, RealPage, Inc.
Andrew Bowen serves as a Vice President of Market Strategy for RealPage in both the Ownership and Single Family Rental markets. For over a decade, his focus has been on the tools that help investors and operators of multifamily real estate drive yield through better leveraging data and analytics. Considered one of the experts on revenue management in multifamily, he is a regularly featured speaker on both the webcast and conference circuit brining a passion backed by twenty years of operational experience to the conversation.
Andrew holds a Bachelor of Science in Aquatic Biology from the University of California at Santa Barbara. When not pontificating on the future of the industry, you can usually find him either in the gym or on the lake with his two grown “boys” and his wife of 25 years.
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.