Though demand tailwinds appear to support long-term fundamentals in Florida markets, the past few months have brought winds of change to recent performance trends.
Many Florida markets have seen rent growth quickly subside with the swell of significant inventory growth. And as expense pressure remains stubbornly high, there are questions about how the outlook for NOI growth into the 2024 calendar year will take shape in the Sunshine State.
Join RealPage® market experts for a review of Florida market trends, including a discussion of both statewide fundamentals and more localized market dynamics.
Multifamily markets covered in this discussion include:
- Cape Coral/Fort Myers
- Destin (Crestview)
- Deltona-Daytona Beach
- Fort Lauderdale
- Gainesville
- Jacksonville
- Lakeland
- Miami
- Naples
- Orlando
- Palm Bay
- Panama City
- Pensacola
- Port St. Lucie
- Sarasota
- Tampa
- Tallahassee
- West Palm Beach
Carl Whitaker is a Real Estate Economist with RealPage’s Data Analytics division. At RealPage, Carl has specialized in creating industry presentations, market and submarket trend reports and crafting ways in which data can be more easily consumed and leveraged by clients. Carl holds degrees from the University of North Texas, including a Master of Science in Applied Geography.
Arben Skivjani
Deputy Chief Economist and Director of Forecasting, RealPage, Inc.Arben Skivjani serves as a Deputy Chief Economist and Data Scientist for RealPage, Inc. His primary focus is on forecasting and econometric modeling, economic impact studies, reporting and analysis of macroeconomic trends that affect the multifamily industry. Prior to joining RealPage, Arben worked for several government and private sector entities, including the District of Columbia Department of Employment Services, Center for Business and Economic Development at the University of Alabama and Camoin Associates in Upstate New York.
Arben is heavily involved in the Dallas/Fort Worth Association for Business Economics where he currently serves as Vice President and is a member the National Association for Business Economics.
Arben holds a master’s degree in economics from The University of Alabama.
