COVID-19: Impact on May Rent Payments, Leasing Traffic & More
On the heels of better-than-expected results in April, how will May’s Rent Week play out? Join RealPage Chief Economist Greg Willett and Deputy Chief Economist/VP Jay Parsons as they unveil the latest data on May payments, traffic, lease signings, renewals, rental rates and other KPIs.
Additional topics discussed in this live webcast, COVID-19: Impact on May Rent Payments, Leasing Traffic & More, include:
- What percent of apartment households paid rent during May Rent Week and how did results vary by class and market?
- Have leasing traffic and velocity plateaued, and what can we expect from here?
- Are unemployed renters receiving their stimulus checks and expanded unemployment benefits? What impact, if any, is it having?
- How did the apartment market perform in April with supply, demand, occupancy and rent?
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.
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.