EP#10 Mark Decker | Apartment REITs' Q3 Earnings Call Recaps

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.

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• 0:00 - Intro
• 1:15 - Market data
• 10:52 - Rental housing trivia
• 11:25 - In the news
• 17:29 - New digs
• 18:20 - Good question
• 18:59 - Rental housing trivia answer
• 19:32 - Mark Decker intro
• 20:12 - Real estate journey 
• 25:12- Apartment REITs stock prices 
• 28:21 - Common misunderstandings
• 36:24 - Different regions of REIT markets
• 38:35 - Transition to Proterra
• 42:27 - Market outlook
• 45:41 - Public vs. private 
• 49:08 - Outro