Hotel AKA Brickell
Miami, FL
This Event is Open to NMHC Members Only
Get the data you need to drive your business strategy at NMHC's Research Forum.
Two days. The industry’s top researchers. The most important topics facing our industry.
Who Should Attend? Industry Researchers, Analysts, Asset Managers, Portfolio Managers, Consultants or anyone who lives and breathes data needs to be at this meeting.
Agenda Highlights
- Apartment Markets Around the Country
- Investment Activity in a Changing Environment
- Local Solutions to the Housing Affordability Crisis
- Insurance Risk in a Climate Crisis World
- Economic Outlook with Ryan Sweet
- Data Workshop
Speakers
Kim Betancourt
Vice President, Economics and Multifamily
Research Economic & Strategic Research
Fannie Mae
Sharon Wilson Géno
President
NMHC
Caitlin Walter
Vice President, Research, NMHC
Two Ways to Attend - In-Person or Virtual >>>
Preliminary Agenda At-A-Glance
April 20-21, 2023 | Hotel AKA Brickell, Miami, FL
Thursday, April 20
| 9:00 a.m - 6:00 p.m. | Registration |
| 9:30 - 10:30 a.m. | Data Science and Geospatial Visualization Workshop
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| 10:30 - 11:30 a.m. | Networking Roundtables |
| 11:30 a.m. - 1:00 p.m. | Lunch on Own |
| 1:00 - 1:10 p.m. | Introduction
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| 1:10 - 2:10 p.m. | Economic Outlook
A year ago the Fed began tightening monetary policy to counter inflation. Raising the fed funds rate by 450 basis points was widely expected to result in recession, yet the unemployment rate is at a 50-year low while consumer spending remains fairly robust. This session will examine the economic outlook over the next 12-18 months and offer insight on whether recession is still on the horizon and how soon inflation will moderate enough to give the Fed room to stop tightening.
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| 2:10 - 3:00 p.m. | Investing in a Higher Rate World
Intermediate- and long-term Treasury yields began rising three years ago after falling for almost 40 years, and are now at their highest levels in more than 10 years. Realized cap rates have not followed suit thus far, but investment transactions have slowed greatly. This session will look at the impact of higher interest rates on property valuation, cap rates, and the transactions market in the coming year.
|
| 3:00 - 3:15 p.m. | Break |
| 3:15 - 4:10 p.m. | Insurance and Risk in a Climate Crisis World
Storms, floods, droughts, and other extreme climate events have increased casualty risks greatly across all real estate classes, with a resulting increase in insurance costs. How will these risks play out in the near- and intermediate-term future and how can apartment owners and managers best respond? Hear the perspective of both equity and debt experts regarding how to address these issues and get a preview of findings from NMHC’s new insurance cost survey.
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| 4:10 - 5:00 p.m. | Strategies to Respond to Regulatory Risks
Local jurisdictions across the country are grappling with ways to solve the problem of housing affordability. Some have chosen to enact measures like rent controls, eviction moratoriums, and mandatory inclusionary zoning requirements that seek not to increase the supply of housing (affordable and market-rate) but rather to mandate affordability into being. This panel will look at the landscape of such measures across the country and examine some strategies apartment firms might consider when confronted by such restrictions.
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| 5:00 - 6:00 p.m. | Networking Reception |
Friday, April 21
| 7:45 a.m. - Noon | Registration |
| 8:00 - 9:00 a.m. | Networking Breakfast |
| 9:00 - 9:45 a.m. | America’s Missing Households
Millions of America's households are hidden from statistics. For instance, because a household is defined as all people living in a single housing unit, data do not disclose the true number of households. While many of these multiple and multi-generational households share the same house by choice, many others do so only by necessity for lack of available and economically attainable housing. Dr. Arthur C. Nelson will share his recent research that untangles census data to estimate the true number of households. The difference between the true number of households and those counted by the Census comprise America's Missing Households. Dr. Nelson will also explore housing policy and market implications.
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| 9:45 - 10:35 a.m. | Local Solutions to Housing Affordability
More and more states, counties, and cities have undertaken policies to increase the supply of housing, including things like relaxing single-family only (SFO) zoning restrictions and eliminating parking mandates on new construction. Even so, apartments remain illegal throughout much of the nation. This panel will discuss the extent of these policies currently and how much they have affected (or are likely to affect) the supply of housing. Moderator:
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| 10:35 - 10:45 a.m. | Networking Break |
| 10:45 - 11:40 a.m. | Apartment Markets Round-Up
Always one of the most popular sessions at the Research Forum, this panel will gauge the impact of the changing economic landscape – including higher mortgage rates and increased uncertainty – on the demand for apartments. It will also analyze how quickly the record number of apartments under construction will actually come on line, and whether that will be enough to counter the longstanding undersupply of housing of all types.
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| 11:40 - 11:45 a.m. | Concluding Remarks
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| 1:30 p.m. | Optional Property Tour of SOMA at Brickell Apartments |
Note: Updated as of 3/16/2023. The agenda is subject to change. Check back periodically for updates. Please be aware that photos may be taken at the meeting and posted online.
Registration Information
The NMHC Research Forum is open to NMHC members. There are two options this year - in-person and virtual registration. In-person forum attendee fees or waivers do not include hotel room charges. The registration policy is as follows:
In-Person Registration
| Member/Sponsor Type | Comp Registrations | Additional Paid Registration |
|---|---|---|
| Executive Committee Members | 3 registrations for the in-person event | 3 at $795 each |
| Board of Directors Members | 1 registration for the in-person event | 5 at $795 each |
| Advisory Committee Members | 0 | 6 at $795 each |
| 2023 Chair’s Circle Sponsors | 6 additional registrations for the in-person event | |
| 2023 Friends of the Council Sponsors | 4 additional registrations for the in-person event | |
| 2023 DEI Founder Sponsors | 4 additional registrations for the in-person event | |
| 2023 DEI Investor Sponsors | 2 additional registrations for the in-person event | |
| 2023 DEI Supporter Sponsors | 1 additional registration for the in-person event | |
| 2023 Forum Sponsors | 1 additional registration for the in-person event |
Virtual Registration
Member firms have unlimited virtual access registrations for $150 each. There are no complimentary registrations for virtual access.
Meeting Cancellation Policy
Meeting cancellations must be sent in writing to membership@nmhc.org. Written requests for meeting cancellation refunds received prior to ten (10) business days before the event are entitled to a full refund, minus a processing fee of $250. No meeting cancellation refunds will be granted within ten (10) business days prior to meeting commencement. Registrations may be transferred by emailing membership@nmhc.org the names of the original registrant and the substitute attendee for NMHC to follow up.
Virtual access registration is non-refundable and non-transferrable.
If you need to convert your in-person registration to the virtual access registration, please contact membership@nmhc.org for additional guidance.
Late/On-site Registration
Online registration for the in-person event and virtual event closes Wednesday, April 19 at 12:00 PM (noon) Eastern. Registrations and changes received after April 19 (including on-site registrations) may not be reflected on the NMHC attendee lists. Once online registration has closed for the in-person event, all registrations can be processed onsite in Miami when NMHC registration opens at 9:00 AM, Thursday, April 20. Only registration for the in-person event will be available at onsite registration.
Accessibility
If you are a person with a disability and would like to request an accommodation, please contact NMHC Chief Operating Officer Kenny Emson or NMHC General Counsel Betsy Feigin Befus.
Values and Expectations
Read more about NMHC's Values and Expectations here.
Questions?
Please do not hesitate to contact the NMHC membership department at 202/974-2300 or membership@nmhc.org should you have questions regarding registration.
Hotel Information
1395 Brickell Ave
Miami, FL 33131
305/503-6500
https://www.stayaka.com/hotel-aka-brickell
NMHC has set aside a block of rooms at starting at $269 single/double occupancy per night (plus state tax) for meeting attendees, however the cut-off date is Friday, March 30.
Room reservations should be made directly with the Hotel AKA Brickell online.
Please Note: The system will automatically take a 1-night deposit to confirm the reservation. Any room cancellations that occur less than 72 hours prior to 11:59 pm hotel’s local time on the scheduled arrival date will result in a penalty of one night room and tax to be charged to your credit card.
Should rooms sell out, a link to join the waitlist will be posted on this page. If your plans change and you need to cancel your reservations at the Hotel AKA Brickell, please contact Sarita de la Torre, NMHC Meetings Associate Director, at sdelatorre@nmhc.org before cancelling with the hotel so she may reassign your room to another NMHC member on the waitlist, if one exists.
Local Transportation
The Hotel AKA Brickell is approximately 10 miles from Miami International Airport. Those arriving by air have the following alternatives for ground transportation:
- A taxi from Miami International Airport will cost approximately $30-40 each way and takes about 20-30 minutes, depending on traffic. Taxicabs are located on the arrivals (ground) level of the airport, outside of the baggage claim areas.
- Ride app pickup zones are located on the Arrivals Level 1 at the middle median outside of doors 1, 2, 3, 4, 5, 7, 11, 15, 20 and 23.
- For attendees who decide to drive, valet parking is $45 daily/overnight.
Please visit the Miami International Airport’s Ground Transportation webpage for additional options.