Apartment Construction Not Slowing Down, According to Neyland

Ella Shaw Neyland, president of Steadfast Apartment REIT, joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

Steadfast Apartment REIT is a public, non-listed REIT that acquires and manages mid-tier apartments.

Neyland described the current acquisition conditions in Steadfast’s target. Neyland also discussed supply conditions in those markets.

“On the supply side, you’re seeing a lot of new construction,” she said. “Not unusual after a recession.”

Lastly, Neyland talked about the relative strength of the geographic markets in which Steadfast currently operates.