Mark Parrell's guest appearances

Mark Parrell

Leading Voices in Real Estate

Driven By Insight

OwlTail

Matt sits down this week with Mark Parrell, President &amp; CEO of Equity Residential, one of the largest and most respected public companies in the real estate world and one of the long term leaders in the apartment space. Their conversation is a deep-dive through the different aspects of what is truly one of the best-run long-term hold real estate businesses in the country.Mark homes in on themes that are familiar on Leading Voices that merit repetition: Great operations, efficient technology, customer service, investment savvy, disciplined capital strategy, transparency, and the impact of political risk on the business. Mark emphasizes political risk in the business goes beyond rent control to assess whether jurisdictions are proactively investing in infrastructure or general pro-business policies. With EQR’s target affluent renter profile, their business needs to be in high functioning, exciting urban environments.Mark dives deeply into the operational aspects of the business, including using EQR’s size and scale and business platform to build long term career paths in the apartment business for site level workers, the importance of technology implementation on the resident experience, and comparing the advantages of the REIT model to the private equity model in the new market cycle.ResourcesEquity Residential’s website

Matt sits down this week with Mark Parrell, President &amp; CEO of <a href="https://www.equityapartments.com/" rel="nofollow" target="_blank">Equity Residential</a>, one of the largest and most respected public companies in the real estate world and one of the long term leaders in the apartment space. Their conversation is a deep-dive through the different aspects of what is truly one of the best-run long-term hold real estate businesses in the country. Mark homes in on themes that are familiar on Leading Voices that merit repetition: Great operations, efficient technology, customer service, investment savvy, disciplined capital strategy, transparency, and the impact of political risk on the business. Mark emphasizes political risk in the business goes beyond rent control to assess whether jurisdictions are proactively investing in infrastructure or general pro-business policies. With EQR’s target affluent renter profile, their business needs to be in high functioning, exciting urban environments. Mark dives deeply into the operational aspects of the business, including using EQR’s size and scale and business platform to build long term career paths in the apartment business for site level workers, the importance of technology implementation on the resident experience, and comparing the advantages of the REIT model to the private equity model in the new market cycle. <h2>Resources</h2><a href="https://www.equityapartments.com/" rel="nofollow" target="_blank">Equity Residential’s website</a>

Mark Parrell | President & CEO of Equity Residential

Owen Thomas

In this episode, Willy Walker is joined by Owen Thomas and Mark Parrell. Owen is CEO of Boston Properties, the largest developer and owner of Class A office properties and a top leader in sustainability. Mark is the CEO of Equity Residential, a company focused on the acquisition, management, and development of residential properties. 0:48- Willy introduces the guests.3:10- Willy asks how the pandemic has affected the office sector.6:01- Willy asks Owen to share his thoughts on when people will come back to the office and under what conditions. 10:28- Willy asks Mark about the cities’ ability to recover and return to vibrant life after the pandemic. 13:29- How has economic vibrancy in other areas caused movement from big cities?16:55- How has the pandemic affected migration of urban dwellers to suburban dwellers?19:48- Willy asks mark how EQR has managed the challenges of the California market during the pandemic.26:45- Willy asks Mark how EQR is working with tenants in their rent payments and his thoughts on the new stimulus bill. 29:58- Owen and mark talk about Prop 15.35:56- Are there bargains in the market place that Boston Housing offers?40:25- What is EQR’s view on the overall market and are they actively looking for acquisitions?43:02- Willy asks Owen to share his thoughts on shared offices in light of the pandemic.49:40- Willy and Owen share about the importance of diversity and inclusion in commercial industries.  Listen now!GET NOTIFIED about upcoming shows: » Subscribe to our YouTube channel here: https://www.youtube.com/channel/UC5jh...» See upcoming guests on the #WalkerWebcast​ here:https://www.walkerdunlop.com/webcasts/

In this episode, Willy Walker is joined by Owen Thomas and Mark Parrell. Owen is CEO of Boston Properties, the largest developer and owner of Class A office properties and a top leader in sustainability. Mark is the CEO of Equity Residential, a company focused on the acquisition, management, and development of residential properties. 0:48- Willy introduces the guests. 3:10- Willy asks how the pandemic has affected the office sector. 6:01- Willy asks Owen to share his thoughts on when people will come back to the office and under what conditions. 10:28- Willy asks Mark about the cities’ ability to recover and return to vibrant life after the pandemic. 13:29- How has economic vibrancy in other areas caused movement from big cities? 16:55- How has the pandemic affected migration of urban dwellers to suburban dwellers? 19:48- Willy asks mark how EQR has managed the challenges of the California market during the pandemic. 26:45- Willy asks Mark how EQR is working with tenants in their rent payments and his thoughts on the new stimulus bill. 29:58- Owen and mark talk about Prop 15. 35:56- Are there bargains in the market place that Boston Housing offers? 40:25- What is EQR’s view on the overall market and are they actively looking for acquisitions? 43:02- Willy asks Owen to share his thoughts on shared offices in light of the pandemic. 49:40- Willy and Owen share about the importance of diversity and inclusion in commercial industries. Listen now! GET NOTIFIED about upcoming shows: » Subscribe to our YouTube channel here: <a href="https://www.youtube.com/channel/UC5jh" rel="nofollow" target="_blank">https://www.youtube.com/channel/UC5jh</a>... » See upcoming guests on the #WalkerWebcast​ here: <a href="https://www.walkerdunlop.com/webcasts/" rel="nofollow" target="_blank">https://www.walkerdunlop.com/webcasts/</a>