After release of the NMHC Rent Payment Tracker data, experts from the five leading property management data companies will provide additional detail on the week's data at a live webinar.
|Release Date||Guest Speaker||Recording|
|Mon. May 10, 2021||Toni Reeves, Executive Director, US Real Estate Services Leader, Greystar||Watch|
|Thurs. Apr. 8, 2021||Nancy Goldsmith, Managing Director, Operations, Bozzuto Management Company||Watch|
|Tues. Mar. 9, 2021||Joanna Zabriskie, President & CEO, BH Management||Watch|
|Tues. Feb. 9, 2021||Ricardo Rivas, CEO, Allied Orion Group||Watch|
|Fri. Jan. 8, 2021||Kevin Owens, EVP, Operations, CF Real Estate Services||Watch|
|Tues. Dec. 8, 2020||Antonio Marquez, Managing Partner, Comunidad Partners||Watch|
|Nov. 10, 2020||Alfred V. Pace, Vice-Chairman and CEO, Pacific Urban Residential||Watch|
|Oct. 8, 2020||Marcie Williams, RKW Residential||Watch|
|Sept. 16, 2020||None||Watch|
|Sept 9, 2020||James H. Schloemer, NMHC Treasurer and Chairman and CEO of Continental Properties||Watch|
|Aug 10, 2020||Walt Smith, CEO, Avenue5 Residential||Watch|
|July 8, 2020||Margette Hepfner, COO, Residential Management, Lincoln Property Company||Watch|
|June 23, 2020||Robert Grealy, Senior Vice President, Operations, Kettler||Watch|
|June 16, 2020||Brendt D. Rusten, Partner & Senior Vice President Dominium||Watch|
|June 9, 2020||Julie Brawn-Whitesides, Executive Vice President, Property Management ConAm Management Corporation||Watch|
|May 22, 2020||Caroline Vary, Partner and Managing Director of Asset Management, Jonathan Rose Companies||Watch|
|May 15, 2020||Larry Curtis, President & Managing Partner WinnDevelopment||Watch|
|May 8, 2020||
|Sue Ansel, President & CEO, Gables Residential
Brad Cribbins, President & CEO (Management) Alliance Residential Company
|April 22, 2020||
||Lili Dunn, President, Bell Partners, Inc
Robert Hart, President & CEO, TruAmericaMultifamily
|April 15, 2020||
||Ric Campo, Chairman of the Board & CEO, Camden Living
Daryl Carter, Chairman and CEO, Avanath Capital Management
|April 8, 2020||None||Watch|
The NMHC Rent Payment Tracker is a cumulative data tool. Approximately every other week, the PMS providers submit two data points to NMHC: the percentage of apartment households that paid their rent for a specific time period and the total number of occupied units in their data universe.
Data is submitted on the following schedule: week one: from the first day of the month through COB on the 6th and from the 1st through the last day of the month, giving us a monthly data point for the “percent who paid”. To recap, the “percent who paid” number will increase each week, until we reach our final “percent who paid” number for the month (see below for how partial rent payments are addressed).
When establishing the initial dates for the Rent Payment Tracker, NMHC wanted to track when rent was officially "late" and used the close of business on the 5th as that date. After consultation with property managers and data providers we were informed that a variety of dates are used to determine when rent is considered late, with some saying rent isn't late until as late as the 10th. In addition, those that use the 5th as their deadline reported that many people pay on the last day possible and that some of those payments aren't posted until the 6th. Based on this information, NMHC adjusted its methodology to make the close of business on the 6th the deadline for the first week. Moving this date also moved all other reporting dates by one day.
|Release Date||Number of Units||NMHC Press Release|
|Dec. 8, 2021||11.8 million||Press Release - Dec. 8|
|Nov. 8, 2021||11.8 million||Press Release - Nov. 9|
|Oct. 8, 2021||11.8 million||Press Release - Oct. 8|
Webinars are provided for informational purposes only. This content is not investment or legal advice. NMHC assumes no liability for the use of the information provided in this webinar. The views expressed during this webinar are those of the individual presenters and not NMHC as a whole. Please consult with your own counsel for legal advice.