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Multifamily Market Taps Hard Data to Navigate COVID Environment

Making the link between altered top price points and rent at stable assets has become crucial to property managers.

More than ever, lenders and brokers are relying on hard data on the multifamily real estate market—from analytics to unusual metrics—to maximize returns and mitigate risk, wrote Tim Blackwell, president of Ballpark Impressions, in a blog for RealPage.  “Operators, developers and investors began watching data closely when the current cycle began skidding this spring,” he wrote.

Blackwell pointed to BH Management and Simpson Housing as among the companies relying more on transaction-driven research in this current environment.

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Suzette Parmley

Suzette Parmley

Trenton Correspondent who covers the N.J. Supreme Court, Governor, Legislature. She also contributes to The Legal Intelligencer and law.com. Suzette joined New Jersey Law Journal in Jan. 2019 from the Philadelphia Inquirer where she was a former Trenton Statehouse Correspondent and Business Reporter/Columnist. Awards: 1st Place for 2020 coverage of NJ Supreme Court; 2019 Specialized Writing Category, 5-time winner of the Business Financial Writing Portfolio Award from the New Jersey Press Association. Graduate of the Fels Center of Government/University of Pennsylvania. Email: [email protected] or follow on Twitter: @SuzParmley

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