Timothy J. Naughton, Chairman and CEO, AvalonBay Communities: 2020 REIT Leadership Series
Our leadership guest for this installment of the 2020 REIT Leadership Series is Timothy J. Naughton, Chairman and CEO ofย ...
Former Chairman & Chief Executive Officer, Avalonbay Communities
Search every verified Timothy Naughton interview, podcast appearance, and on-the-record quote โ each transcript cross-checked by AI and human review to confirm speaker identity. In a September 2020 webinar for the NYU REIT Leadership Series, Timothy Naughton discussed the impact of the COVID-19 pandemic on AvalonBay Communities. He stated that the company had seen about a couple percent of residents who were not responding or paying rent, which he described as "ghost runners." Naughton noted that AvalonBay was offering payment plans and different payment terms to residents, but said that eviction moratoriums at the federal, state, and local levels created a "real quagmire" for landlords, with the company managing approximately 60 different sets of regulations across its portfolio. Naughton also commented on the trend of remote work, saying he believed the work-from-home movement would continue and that companies would be more receptive to it after the pandemic. He emphasized the need for community-wide connectivity, including seamless internet access from apartments through outdoor spaces.
Our leadership guest for this installment of the 2020 REIT Leadership Series is Timothy J. Naughton, Chairman and CEO ofย ...
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