Houston

New model homes opening within expanded sections of The Groves start from the $220,000s to $600,000s and include game rooms, outdoor living space and multi-car garages.

There's demand for apartments here but land use restrictions and a shortage of utility infrastructure make it challenging to build, resulting in few new multifamily communities on the ground or in the pipeline.

This week, WhyHotel announced plans to launch a new pop-up hotel in Houston, the company's first location outside of the East Coast, and will be launched in partnership with Camden Property Trust.

Discovery Labs is targeting major markets across the US and also has several international locations in its plans as well. Target domestic markets include: Boston; New York City; Northern New Jersey; Washington, DC; Raleigh-Durham, NC; Chicago, Houston, Austin, San Diego, Los Angeles, San Francisco and Seattle.

Houston's world-class art scene is starting to rise to the same level of prominence as its culinary scene and this trend of combining art and food will culminate in Understory at Bank of America Tower.

Among the 12 largest metropolitan areas in the country, Houston ranked third in both the number of jobs added and the annual rate of job growth, resulting in continued multifamily investor demand.