Four Surprises from the NMHC Apartment Strategies/Finance Conference via Multifamily Executive Magazine

At the beginning of Wednesday’s 2012 NMHC Apartment Strategies/Finance Conference, the council’s chief economist, Mark Obrinsky, set the stage for the day’s discussion when he some noted some hesitation with the economy after a strong winter.

“There seem to be a few doubts sneaking into the discussion,” he said.

The panelists at yesterday’s conference overwhelmingly remained steadfast in their belief that the apartment industry is due for a nice run over the next few years, although it may be difficult to keep pushing rent increases as a number of markets like Washington, D.C., New York, Boston, San Francisco, Minneapolis, Miami, Philadelphia and Detroit pushed past pre-recession rent levels.

Here were four surprises from the day:

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