Carrington at Barker Cypress Waterton acquired Carrington at Barker Cypress, a 330-unit rental community in Cypress.

HOUSTON—One may expect multifamily absorption and occupancy to taper off as people move back into their homes throughout the year, however, thanks to strong population growth and an improving economy, Houston’s multifamily market continued its positive momentum through first quarter 2018, according to JLL research. In fact, occupancy rose across all multifamily classes for a market-wide occupancy rate of 89.7%.