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Moving Trucks Have GPS Set for Texas

HOUSTON—Three key economic influencers contributing to the state’s popularity with multifamily real estate investors include jobs, population growth and apartment development, says Yuen Yung in this EXCLUSIVE.

Yuen Yung Yung says Texas recorded the third fastest job growth during the past five years.

HOUSTON—Multifamily continues to catch the eyes of potential investors in 2017 as market conditions remain positive. Austin and Dallas/Fort Worth claimed the top two slots in the ULI 2017 Emerging Trends in Real Estate report US Markets to Watch list and Houston made the top 50. Austin was the third consecutive Texas city to lead the annual list, Dallas/Fort Worth held the number one rank in 2016 and Houston claimed the top spot in 2015, notes Yuen Yung, CEO of Casoro Capital, in this GlobeSt.com exclusive.

Three key economic influencers contributing to the state’s popularity with multifamily real estate investors include jobs of course, population growth and apartment home development.

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Lisa Brown

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.

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