News

Yardi Matrix: Houston’s Energy Angst

After years of outperforming its peers, Houston’s energy-driven economy is being shaken by low oil prices.

Aldrich 51, Austin

New Affordable Housing Development Breaks Ground in Austin

The 240-unit residential community will bring affordable housing to Austin’s Mueller development.

Economy Watch: Construction Spending Edges Downward

U.S. construction spending dropped 0.5 percent in February compared with January.

Grandbridge Closes on Three Financial Deals for Senior Housing

The transaction totaled about $52 million.

Rawles Wilcox, director, Greysteel

Greysteel Names Director of Multifamily Investment Sales Division

Meet Rawles Wilcox, Greysteel’s most recent addition to the multifamily investment sales team.

$76M Student Housing Redevelopment Launched in Las Vegas

The Midby Cos. is investing in a 10-year, three-phase student housing redevelopment project, U District, that will be located on the UNLV campus.

Silverstone’s New Senior Living Community Breaks Ground in Dallas

The new Class A assisted living and memory care community located in Dallas will have valet services as well as underground parking in a two-story garage.

Economy Creates Healthy 215K Jobs

Total U.S. employment rose by 215,000 in March.

Yardi Matrix: Dallas’ Outsize Growth

Rapid growth is the theme for the multifamily market in Dallas.

Lexerd Capital Management Snags Jacksonville Apartment Complex

Lexerd Capital Management acquired a 106-unit market-rate multifamily community in San Marco for $8million.