Multifamily Executive’s editorial team—Rachel Azoff, Les Shaver, Chris Wood, and Shabnam Mogharabi—are in the multifamily trenches day in and day out. These top-notch journalists monitor the multifamily housing industry and report their observations. Here, they come together to share the news stories, events, and trends that catch their eyes—and might just interest you.
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As earnings calls go, this was marathon. On it's hour-and-a-half conference Chicago-based Equity Residential sounded an optimistic, aggressive tone for the year. After watching rents fall, the company is seeing stabilibility and even a slightly uptick in some areas. It expects Boston, Washington D.C., and South Florida, of all places, to lead the charge. Still for the year, it expects rents to fall 2.9 percent, though an increase in occupancy should help offset that.