Latest / The Rent Roll with Jay Parsons
EP#98 John Hofmann & Karen Purcell | Inside JPMorgan's Big Bet on Rental Housing
Description: JPMorgan just announced one of the biggest-ever bets on housing, committing $750 billion over the next decade, and rental housing plays a big role in that bet. Two top executives from JPMorganChase's commercial banking group, John Hofmann and Karen Purcell, join with rental housing economist Jay Parsons to take us inside the bank's strategy. How does the bank see market-rate apartments versus affordable housing? Preservation versus development? And much more. Additionally, amidst more headlines trumpeting distress in the multifamily sector, Jay asks John and Karen about how…
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