Patrick Antrim is Chairman of the Multifamily Innovation® Council and the founder of Multifamily Leadership, the Scottsdale, Arizona company behind the Multifamily Innovation® Technology & AI Summit. After playing in the New York Yankees organization, he began his real estate career in 1998 as an understudy to the Hon. George Argyros, former U.S. Ambassador to Spain and former owner of the Seattle Mariners baseball team. He has since managed real estate portfolios totaling more than $1 billion. He writes about leadership, change management and AI adoption in the apartment industry, and holds a certification in Applied Generative AI for Digital Transformation from MIT Professional Education.
AI is reshaping every department in the apartment business. The companies getting results are the ones with leaders who know how to move an initiative from decision to outcome.
CoStar says Phoenix absorbed 22,000+ apartment units in a year and vacancy is falling, but rents are still negative and 10+ weeks free now leads on new lease-ups.