During the pandemic-driven slump, the Upper Midwest's slow-but-steady profile benefited operators and investors, with many of these regional markets being spared rent cuts and occupancy loss.
Minimal supply pressure and less reliance on the hardest-hit economic sectors, such as tourism, were positive effects that helped buffer the markets from the slump.
However, Chicago is the one large market that is limiting the overall regional momentum. Other markets in the Upper Midwest that offer more blue-collar jobs can also restrict performance, making it unclear whether these traditionally slower-growth markets will be able to benefit from the overall uptick seen nationally.
Markets in this new-and-improved interactive webcast include:
- Akron
- Ann Arbor
- Bloomington
- Champaign
- Chicago
- Cincinnati
- Cleveland
- Columbus
- Dayton
- Detroit
- Evansville, IN
- Fargo
- Flint
- Fort Wayne
- Grand Rapids
- Indianapolis
- Kalamazoo
- Lafayette, IN
- Lansing
- Madison
- Milwaukee
- Minneapolis
- Saginaw/Bay City/Midland, MI
- Sioux Falls
- South Bend, IN
- Toledo
- Youngstown
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.
Meggan Taylor
Market Analyst, RealPage, Inc.Meggan Taylor is a Market Analyst for RealPage, Inc., where she applies her background in technology, business intelligence and data analytics to deliver in-depth research and analysis on multifamily performance and forecasts. Prior to joining RealPage, Meggan worked in market research and feasibility analysis for conventional multifamily and mixed-use developments.
Meggan received a bachelor’s degree in information systems from the University of Texas at Arlington, and master’s degrees in information technology and business administration from the University of Texas at Dallas.
