Mark Parrell, CEO of Equity Residential & Owen Thomas, CEO of Boston Properties

In this episode, Willy Walker is joined by Owen Thomas and Mark Parrell. Owen is CEO of Boston Properties, the largest developer and owner of Class A office properties and a top leader in sustainability. Mark is the CEO of Equity Residential, a company focused on the acquisition, management, and development of residential properties. 0:48- Willy introduces the guests. 3:10- Willy asks how the pandemic has affected the office sector. 6:01- Willy asks Owen to share his thoughts on when people will come back to the office and under what conditions. 10:28- Willy asks Mark about the cities’ ability to recover and return to vibrant life after the pandemic. 13:29- How has economic vibrancy in other areas caused movement from big cities? 16:55- How has the pandemic affected migration of urban dwellers to suburban dwellers? 19:48- Willy asks mark how EQR has managed the challenges of the California market during the pandemic. 26:45- Willy asks Mark how EQR is working with tenants in their rent payments and his thoughts on the new stimulus bill. 29:58- Owen and mark talk about Prop 15. 35:56- Are there bargains in the market place that Boston Housing offers? 40:25- What is EQR’s view on the overall market and are they actively looking for acquisitions? 43:02- Willy asks Owen to share his thoughts on shared offices in light of the pandemic. 49:40- Willy and Owen share about the importance of diversity and inclusion in commercial industries. Listen now!

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