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State of the Market - 2020

 

USC Casden 2020 State of the Market: Multifamily

Thursday, November 12, 2020 | 9:00AM to 12:30pm PT

Presented Virtually via Hopin

 

 

The Casden Multifamily Forecast will take place over two events this academic year, with the second event taking place in Spring of 2021.

We are not in a time of risk, but of uncertainty. In the second quarter of this year, the US economy contracted by the largest amount since it has been measured using modern techniques, but also had the largest stimulus/relief package in its history. Consequently, we are indeed in unprecedented times, and the models we use to do forecasting are not very useful.

Additionally, all paid registrants will receive a $50 discount for the Casden spring event.

2020 State of the Market: Multifamily will address:

  • How much rent is being collected and how are tenants paying?
  • What source of money—employment, family, savings, government assistance—is being used to allow people to pay rent?
  • What policy responses—from eviction moratoria to rent stabilization to other tenant protection proposals—are being put in place, and how are they affecting the market?
  • How did the ballot initiatives that matter to housing-specifically Proposition 15 and Proposition 21—fare, and what are their implications?    

For information on these topics, see the recently released COVID-19 and Renter Distress: Evidence from Los Angeles 

View Analysis


 

Program:

Renter Responses In A COVID World

Richard K. Green, Director, USC Lusk Center for Real Estate

Paavo Monkkonen, Vice Chair, Department of Urban Planning, UCLA Luskin School of Public Affairs

 

 

How Are People Paying Rent

Moderator: Richard K. Green, Director, USC Lusk Center for Real Estate

Jeffrey M. Bailey, President, Multifamily Property Management, Sares-Regis Group

Ingrid Gould Ellen, Director of the Urban Planning Program, NYU Wagner

Tracie Mann, Director of Housing Assistance Division, Los Angeles County Development Authority

Kelly J. McCunniff, Senior Director, Real Estate, Greystar

 

 

Valuation: How Do You Value In Times Like This?

Moderator: John W. Loper, Associate Professor, USC Sol Price School of Public Policy

Jaime Lee, Chief Executive Officer, Jamison Realty, Inc.

John Pawlowski, Senior Analyst, Residential, Greenstreet Advisors

George Koiso, MAI, Director, Los Angeles Multifamily Practice Leader, CBRE | Valuation & Advisory Services

 

 

Keynote

Eleni Kounalakis, 50th Lieutenant Governor of California

 

 

Eviction Moratorium

Moderator: William A. Witte, Chairman and Chief Executive Officer, Related California

Anish Saraiya, Planning Deputy, Office of Supervisor Kathryn Barger

Tunua Thrash-Ntuk, Executive Director, Los Angeles Local Initiatives Support Corporation (LA LISC)

Ben Metcalf , Managing Director, Terner Center for Housing Innovation, University of California Berkeley

 

 


Speakers:

Jeffrey M. Bailey | President, Multifamily Property Management | Sares-Regis Group

Ingrid Gould Ellen | Paulette Goddard Professor of Urban Policy and Planning, Director of the Urban Planning Program | NYU Wagner

Richard K. Green | Director | USC Lusk Center for Real Estate

George Koiso, MAI | Director, Los Angeles Multifamily Practice Leader | CBRE Valuation & Advisory Services

Jaime Lee | Chief Executive Officer | Jamison Realty, Inc. 

John W. Loper | Associate Professor | USC Sol Price School of Public Policy

Tracie Mann | Director of Housing Assistance Division | Los Angeles County Development Authority

Kelly J.  McCunniff | Senior Director, Real Estate | Greystar

Ben Metcalf | Managing Director | Terner Center for Housing Innovation | University of California Berkeley

Paavo Monkkonen | Vice Chair, Department of Urban Planning | UCLA Luskin School of Public Affairs

John Pawlowski | Senior Analyst, Residential | Greenstreet Advisors

Anish Saraiya | Planning Deputy | Office of Supervisor Kathryn Barger

Tunua Thrash-Ntuk | Executive Director | Los Angeles Local Initiatives Support Corporation (LA LISC)

William A. Witte | Chairman and Chief Executive Officer | Related California

    
 


This event will be live closed captioned. It is requested that individuals requiring auxiliary aids such as sign language interpreters and alternative format materials notify us at luskctr@usc.edu at least 14 days prior to the event.  Every reasonable effort will be made to provide reasonable accommodations in an effective and timely manner.