Market Intelligence: Q2 U.S. Apartment Investment & Capital Markets Overview
Now Available On Demand
After record volumes in 2021 and much of 2022, apartment sales have all but dried up in 2023 due to higher interest rates, slowing fundamentals and a mismatch in buyer/seller expectations.
Join RealPage® top economist Jay Parsons and a very special guest – capital markets expert Jim Costello (MSCI) – for a lively webcast on the state the nation’s capital markets. Discussion questions include:
- Will the freeze thaw out any time soon?
- How are performance shifts influencing near- to mid-term investor outlook?
- How does the apartment investment thesis stack up against other commercial real estate property types?
- How much distress will hit the market, and what role could “distress capital” play?
- Is the recent pullback in investment volume a short-term blip driven by a tightening economic climate or something more?
Jim is chief economist on the MSCI Real Assets team and is based in New York. He is the principal author of the US Capital Trends report series and a frequent speaker at commercial real estate conferences. At Real Capital Analytics, which MSCI acquired in 2021, Jim was a leader for analysis across the commercial property universe. He also spent two decades at Torto Wheaton Research working on issues of real estate risk and forecasting. Jim is a member of the Commercial Board of Governors of the Mortgage Bankers Association and a member of The Counselors of Real Estate.
Jay ParsonsSVP & 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.