Cautious optimism and "no new normal" were among the themes presented by leading apartment executives during a panel "The Mind of a CEO" at the National Multifamily Housing Council's Apartment Strategies Conference in Las Vegas recently.
The group also discussed how their operations and forecasts are changing, coming off the extraordinarily strong performance in 2022.
"Just as rent growth came up, it came down, to more historic norms," Bell Partners' CEO Lili Dunn said. "We see 5% blended rent growth this year."
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