Listen "EP#10 Mark Decker | Apartment REITs' Q3 Earnings Call Recaps"
Episode Synopsis
Rental housing economist Jay Parsons caps off earnings call season by sharing five big takeaways on the apartment REITs' Q3 2024 earnings calls, and then welcoming in the former CEO of Centerspace REIT, Mark Decker, for a conversation on multifamily REITs and the industry at large. Additionally, Jay brings back recurring segments like "In the News" (reviewing headlines of the new impacting rental housing), "Good Question" (responding to questions on the rental housing market), "New Digs" (highlighting a recent build-to-rent project in this week's episode) and teeing up "Rental Housing Trivia." Mark Decker joins for the second half of the episode, where Jay and Mark talk about the joys and tribulations of being public versus private, address common myths and hurdles around apartment REITs and tackle questions around apartment valuations and opportunities.========================0:00 - Intro1:15 - Market data10:52 - Rental housing trivia11:25 - In the news17:29 - New digs18:20 - Good question18:59 - Rental housing trivia answer19:32 - Mark Decker intro20:12 - Real estate journey 25:12- Apartment REITs stock prices 28:21 - Common misunderstandings36:24 - Different regions of REIT markets38:35 - Transition to Proterra42:27 - Market outlook45:41 - Public vs. private 49:08 - Outro
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.