The COVID-19 pandemic prompted migration out of gateway markets and urban cores as renters sought more space at lower costs. As daily life begins to normalize, whether residents move back to these areas is largely dependent on the future of office-based work, and if companies continue to support remote work.
Join industry experts Jeff Adler and Jack Kern as they offer strategic insights on the current state of the multifamily market.
Topics will include:
- The current state of the economy and stimulus impact on the economic recovery
- Migration trends affecting multifamily assets and their longer-term impacts
- The future of work and how it helps and hurts certain markets
- A look at the future, including Yardi Matrix rent, occupancy and supply forecasts
Jeff Adler is Vice President, Yardi® Matrix, which offers the industry’s most comprehensive market intelligence service for multifamily, office, industrial, self storage and student housing property types.
He also serves as Yardi’s industry principal for the self storage, manufactured housing and associations markets. Prior to joining Yardi, Mr. Adler held positions at AIMCO, Progressive Insurance, Oppenheimer & Co. and Strategic Planning Associates Inc., among others. He holds a bachelor’s degree from Yale University and an MBA from the Wharton School of the University of Pennsylvania. Mr. Adler is a Board Member of the National Multifamily Housing Council (NMHC), Chairman of the Urban Land Institute’s (ULI) Multifamily Silver Council and lecturer at Harvard University’s Graduate School of Design Real Estate Executive Education program.
Jack Kern is the director of research and publications for Yardi Systems, Inc., and is responsible for the data analytics team at Yardi Matrix and the information publishing group in New York City comprised of Commercial Property Executive and Multi-housing News.
The Yardi Matrix product suite is being greatly expanded to provide clients with extensive analytical capabilities and will encompass broader coverage nationally soon. Within the news and information publishing group, additional reporting and market data is becoming available that encompasses all property sectors and specialty areas, including energy. Prior to joining the firm Kern served as the managing director of consultancy Kern Investment Research, a national research practice with clients across the U.S. and Europe. Earlier in his career Kern worked at both Archstone-Smith where he managed their global research operation and the Charles E. Smith companies a firm subsequently acquired by Archstone.