Market Intelligence: Q3 East Coast Update
Just a few years ago, demand drivers and apartment performance in the Northeast region encountered difficulties as remote working options became the new norm. More recently however, there’s been a shift to returning to the office, and local development hasn’t been as extreme as the supply boom that has been observed in the other regions of the country. Rent growth is well above the nation average and occupancy continues to surpass what’s considered the fully occupied mark. Investment volume has been cut in half as the capital market environment continues to pose challenges for one of the most expensive regions in the nation.
Join RealPage market experts for a discussion on key apartment performance indicators and the near-term outlook along the East Coast.
Markets in this new and improved interactive webcast include:
- New York
- Newark-Jersey City
- Boston
- Philadelphia
- Pittsburgh
- Rochester
- Albany
- Buffalo
- Syracuse
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.
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.
