It&#x27;s one of the largest apartment owners in the U.S., yet still often suffers from a case of mistaken identity: Berkshire. As in Berkshire Residential Investments, not Berkshire Hathaway. The two are not related, yet both companies track back 60+ years with names originating from the same part of the country. Rental housing economist Jay Parsons shares the story of the &quot;other&quot; Berkshire, and then talks with Berkshire&#x27;s managing director and head of property operators, Alan King, about the state of the apartment market across the country. Berkshire operates all over the country, and Alan shares which markets are seeing market conditions improving fastest and how he sees the year progressing for multifamily operators. Additionally, with spring now in the books, Jay shares the latest on apartment rent and occupancy trends. Did the spring leasing play out as expected? Also in this episode, Jay breaks down a busy week of news headlines — including a lengthy article critical of the Low Income Housing Tax Credit, plus three major news releases from apartment REITs.

EP#88 Alan King | The "Other" Berkshire

The Rent Roll with Jay Parsons

Welcome! It's The Rent Roll, your podcast on all things rental housing, apartments, sing-a-film rentals, and build to rent. It's episode number 88, the number of many great Dallas Cowboy wide receivers, Drew Pearson, Michael Irvin, Des Bryant, C.D. Lamb.

So for episode number 88, here's the plan. We're going to start by closing the books on the spring leasing season for apartments with a quick update on the spring occupancy and rent trends. Then we're going to cover a busy week of headlines, including a big hit piece on affordable housing development, plus several headlines coming from the apartment REITs.

And then later in the program, we're going to dive into a company that ranks among the nation's largest apartment owners, yet, in kind of the words of Rodney Dangerfield, can't get much respect. And that's just because, obviously, it's a very respected company, but it unfortunately shares a name with one of the most respected companies in the world. And that, of course, I'm talking about Berkshire, the apartment ownership company, versus Berkshire Hathaway, the very famous investment company that happens to be Warren Buffett's company.

And so we'll be talking to Berkshire, the owner of apartments, not to be confused with Berkshire Hathaway. They are unrelated. And so we've got with us today the great Alan King, a partner managing director and head of property operations at Berkshire. So we'll talk some of the Berkshire history as well as dive in with Alan on what he's seeing playing out across the country right now. And Alan's a good guy to talk to because he's got apartments all over the country, coast to coast, a lot in the Sunbelt, and has a very good pulse on the market.

EP#88 Alan King | The "Other" Berkshire

Read the full transcript

The candid version is on a podcast,
not the earnings call.

EP#88 Alan King | The "Other" Berkshire

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.