The Rent Roll with Jay Parsons

Rental housing economist Jay Parsons dives deep with UDR, America's longest-running apartment REIT, sharing the story from UDR's founding as a small Virginia operator in the 1970s to its growth into an S&P 500 company — and the many turns along the way. UDR's chief financial officer, David Bragg, joins the podcast and covers a wide range of topics from thoughts on the AvalonBay/Equity...

It's one of the largest apartment owners in the U.S., yet still often suffers from a case of mistaken identity: Berkshire. As in Berkshire Residential Investments, not Berkshire Hathaway. The two are not related, yet both companies track back 60+ years with names originating from the same part of the country. Rental housing economist Jay Parsons shares the story of the "other" Berkshire, and then...

Rental housing economist Jay Parsons breaks down the realities of today's multifamily market: Debt is readily available, but equity is not ... unless it's preferred equity. Jay shares the latest data, including the historic spike in apartment loan originations, and explains why that might trigger some institutions to shift back toward equity strategies. Later in the program, Jay is joined by one...

Is it better to manage properties in house, or to outsource to a third-party manager? It's an age-old question, and there's no one-size-fits-all answer. But there's no doubt that we continue to see far more consolidation in the management business than we do in property ownership. Why is that? Lantower Residential COO Emily Watson joins the podcast to share her experience, and talks about why her...

It's a very tough environment for apartment developers to get new projects started these days, with starts cut in half from 2022's peak levels. So what are the common denominators for projects breaking ground of late? Rental housing economist Jay Parsons dives into the data and shares five common themes among projects that are still working today even amidst softer rents and higher cost of...

Rental housing economist Jay Parsons shares his top four takeaways from the single-family rental REITs' Q1'26 earnings calls — including how they're navigating heightened regulatory risk surrounding the ROAD to Housing Act, why stock buybacks are now preferred over investing in new development, how leasing activity is picking up this spring after a slow fall and winter, and much more....

Rental housing economist Jay Parsons recaps his six big takeaways from the apartment REITs' first quarter earnings calls that just wrapped up — starting with the big news that leaked after hours, the rumored merger discussions between AvalonBay and Equity Residential. What would be the implications of merging two of the biggest names in multifamily? Jay also shares color and highlights from the...

Rental housing economist Jay Parsons breaks down the latest data on spring leasing trends, explains why supply is still a headwind even as completions decline, and answers the popular question: Why do different data providers show very different numbers for apartment occupancy right now? Additionally, Jay shares the latest buzz on Congress' potential ban on build-to-rent construction and...

What markets don't get the attention they might deserve? There's no "right answer," but rental housing economist Jay Parsons attempts to make such a list — highlighting markets that have outperformed the national averages on long-term rent growth and volatility, while not ranking among the top markets favored by institutional capital. Additionally, Jay welcomes in the founder and CEO of...

Terry Considine has nothing to prove. He has launched multiple REITs, including one (Aimco) that was at one point the nation's largest apartment owner. He sold a spin-off REIT (AIR Communities) to Blackstone. But even after that exit and 4+ decades in the apartment business, Terry Considine isn't done — now steering his latest apartment venture, Big 4 Properties. In this episode with host and...