Series: Market Update
Market Intelligence - Fall Student Apartment Market Update
Fall 2021 got off to an exceptionally slow start as the pandemic’s impacts spilled well beyond Fall 2020. But a late-season leasing surge resulted in a much better outcome than the spring months would have suggested. While national statistics indicate stabilization and improvement, however, individual campus-level performance varies considerably. Summaries for both national and campus-level trends will be provided.
With Fall 2021 in the rearview mirror, however, operator focus is quickly moving to Fall 2022. As such, the second part of this webcast will review the expected supply pipeline, potential demand headwinds/tailwinds, and discuss other influences on the upcoming leasing season.
Join RealPage experts as they cover trends in the student housing marketplace. Discussion topics include:
- Fall 2021 occupancy and rent change statistics
- Fall 2021’s new supply recap and the construction outlook
- Individual school leaders and laggards for performance
- Expected near-term enrollment shifts and other future demand influence
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.
Adam CouchMarket Analyst, RealPage, Inc.
Adam Couch is a Market Analyst for RealPage, Inc. He is the co-host of RealPage’s weekly market webcasts that feature analysis and insights on macro and micro level trends shaping national and local apartment performance. Adam also has been a featured speaker at several multifamily housing industry conferences and regularly provides commentary for national and local business media. Prior to joining Realpage, Adam worked in the foreign exchange and futures industry where he focused specifically in capital markets.
He received his bachelor’s degree in finance from the University of North Texas. Adam was also a part of the Student Investment Group and travelled extensively throughout China, where he studied international policy and its impact on macroeconomics.