Haven at Lakes at 610 Dr. The282-unit Haven at Lakes of 610 Apartments is located at 8900 Lakesat 610 Dr.

HOUSTON—Total nonfarm employment in the Houston-Woodlands-SugarLand Metropolitan Statistical Area stood at 3 million in January2019, up 83,800 or 2.8%, from one year earlier, according to arecent report by the US Bureau of Labor Statistics. During the sameperiod, the national job count increased 2%. Stanley W. Suchman,assistant commissioner for regional operations, noted that amongthe 12 largest metropolitan areas in the country, Houston rankedthird in the number of jobs added during the year and tied forsecond with Dallas in the annual rate of job growth.

It's no wonder, then, that multifamily continues to dominatecommercial acquisitions in the region, and indeed, in much of Texas. Those statistics point to another multifamily transaction which marks the seventh property in theHouston metro and first Houston-area acquisition in 2019 forAmerican Landmark.

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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.