The timing of the East Coast multifamily recovery may have been later than other national markets, but nevertheless, local operators enjoyed the first half of 2022 with solid rent growth and stabilizing occupancy.
Still, national market conditions have shown a precipitable change in key metrics like demand, retention rates, and subsequent rent growth and occupancy readings.
Although many East Coast markets still boast favorable long-term economic outlooks, the concerns stemming from a slower-than-expected 3Q22 leasing season create some near-term challenges.
Can these markets maintain enough traction to stave off slowing economic conditions and rising supply pressure, especially during the already seasonally slow winter months? And how does recent leasing activity affect the 2023 and 2024 market outlook?
Join RealPage® experts for their insight into markets along the nation's Eastern Seaboard. This lively and interactive webcast will include insight into recent performance along with forecast expectations for the region going forward.
Metros in this educational update include:
- Albany
- Allentown
- Baltimore
- Boston
- Bridgeport
- Buffalo
- Charlottesville
- Harrisburg
- Hartford
- Lancaster
- Manchester (NH)
- Nassau & Suffolk Counties (Long Island)
- New York City
- Newark
- Philadelphia
- Pittsburgh
- Portland (ME)
- Providence
- Reading
- Richmond
- Roanoke
- Rochester
- Salisbury
- Springfield (MA)
- Syracuse
- Trenton
- Virginia Beach
- Washington, D.C.
- Worcester
Dan Sindelar is a Market Analyst for RealPage, Inc., where he focuses on conventional apartment market analysis, research and data methodology. Dan leverages his background in REIT and institutional investor client services to allow for easier consumption and application of data insights and analysis. Prior to joining RealPage, Dan worked as a leasing consultant and an assistant property manager at a national apartment investment and management company. Dan is a native of Chicago and received his bachelor’s degree in sociology from the University of Iowa.
Dustin Weaver
Market Analyst, RealPage, Inc.Dustin Weaver is a Market Analyst with RealPage's Data Analytics division, where he focuses on conventional apartment market analysis, research and data methodology. Dustin leverages his background in partnering with institutional investors and REITs to enable easier consumption and application of multifamily data and analysis.
