Anatoleon Briarwood is a 250-unit garden-style community located inMidland.
MIDLAND, TX—Because energy prices have displayed a stable trading range between $40and $50 a barrel, the Midland economy has responded in kind; specifically, themultifamily sector is reporting strong fundamentals. As a result ofthis re-emerging demand, in concert with seemingly manageablesupply volumes, both occupancy and rent growth show positivemomentum, according to Berkadia.
As a result of these positive fundamentals, multifamily assetsare trading in the area. One recent example is Anatole onBriarwood, a 250-unit garden-style community located inMidland.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
