Retreat at Shadow Creek Ranch is a 370-unit multifamily asset in aPlanned Utility Development.
PEARLAND, TX—Houston's total nonfarm employment is forecast toexpand 2.6% or by 81,100 jobs this year. And no longer primarilydependent on oil-related jobs, healthcare is a stalwart leader ofemployment growth in the metro.
“2018 was a great year with over 73,000 jobs created and 2019 isexpected to be similar, with healthcare leading the way in jobs,”Jennifer Ray, Berkadia director, tells GlobeSt.com. “Houston'smultifamily fundamentals have remained steady, which we can expectto get better with labor figures continuing to rise.”
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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.
