Development

HOUSTON—After the oil bust, Houston was on fourth down and needed to go long for a hail Mary, which seems to have paid off in the form of an economic stimulus estimated at $200 to $350 million.

CHICAGO—The amount of new construction seems well-balanced with the level of demand from users.

SANTA BARBARA, CA—However, Yardi Matrix says the current moderation is in line with a return to more normal rent growth that the firm forecast at the beginning of this year.

STAMFORD, CT—The founder and CEO of investment manager Waypoint Residential tells GlobeSt.com why his business model makes as much sense at this point in the cycle as it did following the Great Recession.

SAN FRANCISCO—Polaris Pacific is soon to roll out a proprietary dashboard to better streamline the company's extensive research catalogue, providing reporting that can pinpoint and categorize market segments, allowing clients to capitalize on growth opportunities.

HANOVER TOWNSHIP, NJ—The transaction completes a pioneering, five-and-a-half-year initiative that has successfully repurposed and redeveloped the 194-acre former Alcatel-Lucent campus at 67 Whippany Road.