Multifamily

The Altman Family, who disposed of the real estate from its portfolio, had a 75,000-square-foot warehouse on the land. B6 Real Estate Advisors and Cushman & Wakefield represented on behalf of the seller.

"I give it 50-50," Bob Hart of TruAmerica says when asked if the company would be a net buyer or seller in 2020.

Miami trailed only Los Angeles as the priciest city to buy a home based on average income and housing costs.

Whether a renter is considered a Baby Boomer, Millennial and Gen Zer, the common denominator is the desire to have inexpensive and flexible living accommodations within short distances to resources and transportation.

Developers are poised to bring about 16,900 deliveries throughout the year, mostly in the Katy and Spring/Tomball markets, thanks to proximity to important transit routes such as Interstate 10 and Grand Parkway.

The Troubadour will be the first development for Mac McElwrath and Chris Sipes' Wayfinder, which focuses on high-growth areas with access to major employment centers and entertainment amenities.

Master plan developers are seeing increasing demand for agrihood communities, where residents can grow their own food in community gardens.

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