New Supply: What, Where & How Much to Expect
Annual completions in the apartment sector have zoomed to more than 300,000 market-rate units nationally. There’s lots more on the way, pointing to a competitive leasing environment lasting for quite a while at the top end of the product spectrum. Find out what, where and how much to expect from the experts you trust.
Watch this webcast with Greg Willett to get the answers you need from the RealPage® experts you trust:
- What are total construction volumes?
- Where are completions accelerating/slowing?
- What are leasing and pricing performances of new product?
- What’s happening with permits and other indicators of future deliveries?
But, that’s just the first half. We’ll have some fun and take a field trip to Jefferson Riverside, a brand new completion in the Las Colinas area of metro Dallas. North Texas is the country’s apartment development leader. Our featured guest, Matt Brendel, Senior Vice President at JPI, and his colleagues have pushed JPI to the #1 spot as the most active builder in Dallas-Fort Worth. Matt joins us for a discussion of today’s development environment and showcases some of the features that make Jefferson Riverside a special community.
Greg WillettChief Economist, RealPage, Inc.
Greg facilitates the alignment of the firm’s technology and analytics solutions with rental housing sector needs and opportunities. He is well versed on rental housing market fundamentals and activity nationally, by metro and in individual neighborhoods. Greg is active in industry organizations such as the National Multifamily Housing Council, the Urban Land Institute and the National Apartment Association. He provides commentary for national and local business media.
Matt BrendelSenior Vice President, Regional Development Partner, JPI
Matt is responsible for acquisition, development, and asset management activities, principally in Texas and Colorado. Mr. Brendel has over 15 years’ industry experience, and prior to joining the company served in various roles with leading multifamily firms where he was responsible for assets with a total market value of over $2 billion. He received his Bachelor of Business Administration in Accounting and Master of Science in Finance degrees from Texas A&M University.