Market Intelligence: Upper Midwest Region Webcast
During the pandemic-driven slump, the Upper Midwest's slow-but-steady profile benefited operators and investors, with many of these regional markets being spared rent cuts and occupancy loss.
Minimal supply pressure and less reliance on the hardest-hit economic sectors, such as tourism, were positive effects that helped buffer the markets from the slump.
However, Chicago is the one large market that is limiting the overall regional momentum. Other markets in the Upper Midwest that offer more blue-collar jobs can also restrict performance, making it unclear whether these traditionally slower-growth markets will be able to benefit from the overall uptick seen nationally.
Markets in this new-and-improved interactive webcast include:
- Ann Arbor
- Evansville, IN
- Fort Wayne
- Grand Rapids
- Lafayette, IN
- Saginaw/Bay City/Midland, MI
- Sioux Falls
- South Bend, IN
Arben Skivjani is an Economist and Data Scientist for RealPage, Inc. His primary focus is on forecasting and modeling, economic impact studies, reporting and analysis of macroeconomic indicators that affect the multifamily industry. Prior to joining RealPage, Arben worked for several government and private sector entities, including the District of Columbia Department of Employment Services, Center for Business and Economic Development at the University of Alabama and Camoin Associates in Upstate New York. As a native of Kosovo, Arben worked on several projects for the United Nations World Health Organization and the European Agency for Reconstruction in Southeastern Europe.
Arben is an active member the Dallas/Fort Worth Association for Business Economics and the National Association for Business Economics and served as a vice president and board member Alabama Economics Club.
Arben graduated with a bachelor’s degree in business administration from Auburn University at Montgomery and a master’s degree in economics from The University of Alabama.