Spotlight On

Demand remains strong in the sector, but “aggressive development” is a dynamic that bears watching, says Marcus & Millichap.

Investors ranked Houston as a top five target for investment among US metros, whereby 88% of investors plan to either maintain or increase spending in 2018—up from 83% in 2017.

This year the company has also closed a 2.3-million square foot sale leaseback with BlueLinx and began construction on the Elk Grove Technology Park.

Cap rates are certainly going up this year, along with Fed rates, so experts are saying it's a good time to look for buyers of net lease investments.

Angelo, Gordon & Co.'s Gordon J. Whiting shares industry expertise in previewing the April 4-5 RealShare Net Lease Conference.

The overhang of $1.4 trillion of student debt will keep millennials in apartments longer, says Jay Eisner of LEM Capital, which has a particular focus on value-add class B multifamily housing. Watch our exclusive video interview with Eisner.

A multifamily site, Remington at Rockwall Downes, consists of 42.6 acres and is planned to be a two-phase project with each phase consisting of 295 units, as the zoning will allow up to 590 units.

Emerson Apartments, located at 1221 New Meister Ln., was sold pre-stabilized upon completion to a private buyer at an undisclosed sales price, in a transaction of benefit to the developer and buyer.