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Author Archives: hfoord

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OCP, Invictus Acquire Falls at Clear Lake

WEBSTER, TX–Oak Coast Properties (OCP) and Invictus Commercial Investment Corp. announced today the $26.3-million acquisition of the Falls at Clear Lake Apartments in Webster, southeast of Houston. The Falls at Clear Lake community is located at 801 E. Nasa Road 1. The property’s 400 units are set in 29 residential By Anna Caplan | Houston […]

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Economy Maintains Steady Growth Trajectory As Employers Temporarily Ease Hiring Pace

Economy Maintains Steady Growth Trajectory As Employers Temporarily Ease Hiring Pace September 8, 2014 Lackluster hiring in August slightly dimmed the warm glow cast by recent upbeat reports on other segments of the economy but ultimately will have little effect on economic growth in the second half of 2014. Average monthly job gains this year […]

Fannie Mae Releases Major Study on Multifamily Energy Use

Multi-Housing News Sep. 11, 2014 Fannie Mae Releases Major Study on Multifamily Energy Use By Dees Stribling, Contributing Editor Washington, D.C.—Fannie Mae released a major new report on energy usage in the multifamily sector on Thursday, “Transforming Multifamily Housing: Fannie Mae’s Green Initiative and Energy Star for Multifamily.” The report offers information the GSE’s Green […]

Master-Planned Community Next to The Woodlands

Toll Brothers Moves Forward with Master-Planned Community Next to The Woodlands Aug. 20, 2014 Multihousing News By Liviu Oltean Toll Brothers Moves Forward with Master-Planned Community Next to The Woodlands A new master-planned community is in the works west of The Woodlands. Developed by the renowned Toll Brothers, the community will be spread across 600 […]

APARTMENT MARKET STATISTICS: August 2014

APARTMENT MARKET STATISTICS: August 2014 Multi-Housing News Multifamily housing starts of buildings with five or more units rose by 42.9 percent over the month of April 2014 to a seasonally adjusted annual rate of 413,000 units, according to the National Association of Home Builders (NAHB). The three-month moving average of multifamily housing starts, now exceeds […]

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West Houston Apartment Community Trades Hands

West Houston Apartment Community Trades Hands Multihousing News Houston—TA Associates has completed its disposition of Cinco Ranch, a 300-unit luxury apartment community located in West Houston’s affluent master-planned community known as Cinco Ranch. ARA represented the firm in the transaction. The submarket is one of the top performing submarkets in Houston, currently trending 9.9 percent […]

Apartment Demand Paces Accelerating Development

Third Quarter 2014 National Apartment Market Outlook Marcus & Millichap Real Estate Services/strong> Demand Keeps Pace with Accelerating Apartment Development… Steady employment growth has supported apartment performance nationwide. Over the last year, vacancies have held steady on a national level, though individual markets have naturally faced some variance. The tight rental market has spurred rent […]