Texas Multifamily Developers, Architects Improvise

By Taylor Williams The sudden merging of a healthy pipeline of multifamily product in Texas with a global pandemic that has caused a drastic increase in working from home is forcing apartment builders and designers to get exceedingly creative with all facets of their projects. Unit interiors and common areas of apartment buildings must now provide makeshift workspaces for adults across a wide range of industries, as well as for the preexisting members of the gig economy and for children who …

September 10, 2020Development, Market Reports, Multifamily, Texas, Texas Market Reports

Texas Lenders Express Optimism for Second Half

By Taylor Williams Decreased acquisition activity across virtually all asset classes is among the most visible impacts that COVID-19 has had on commercial real estate, but capital markets professionals say there’s reason to believe deal volume will rebound sharply toward the end of the year. According to data from Real Capital Analytics (RCA), the total sales volume of commercial properties in the country was approximately $44.7 billion during the second quarter. This figure represents a …

August 12, 2020Market Reports, Multifamily, Texas, Texas Market Reports

What’s Up Next For San Antonio?

Interviews conducted by Taylor Williams During the 10-year expansionary cycle, San Antonio posted one of the highest rates of population growth in the country, bringing new development of luxury apartment communities, modernized e-commerce facilities, bustling entertainment destinations and a landmark Class A office building. While some short- and long-term pain from COVID-19 is inevitable, there is also some optimism on the horizon. Industrial broker Cody Woodland of NAI Partners, …

July 17, 2020Industrial, Market Reports, Multifamily, Retail, Texas, Texas Market Reports

Far North Oklahoma City Retail Market Hits Its Stride

By Stuart Graham, Senior Vice President, CBRE; Mark Inman, Senior Vice President, CBRE; and Kendra Roberts, Associate, CBRE The Oklahoma City retail market has had a growing and changing landscape over the past few years as the sector’s healthy fundamentals continue to draw both local and national investors. Although much of the growth has been focused on the downtown Oklahoma City area, we are beginning to see a new hotspot emerge in the Far North neighborhoods.[caption …

July 14, 2020Market Reports, Oklahoma, Retail, Texas, Texas Market Reports

McAllen Multifamily Market Shows Positive Rent Growth Amid COVID-19

By Brad Frisby, Associate, NAI Rio Grande Valley The McAllen-Edinburg-Mission MSA’s multifamily market has posted positive rent growth for the first half of 2020, despite the outbreak of COVID-19 causing nationwide job losses and impacting landlords’ ability to push rents during much of that time. The combined effect of a stimulus package for renters and pandemic legislation that bans evicting residents who cannot pay due to COVID-19-related job losses has largely kept occupancy rates …

July 10, 2020Market Reports, Multifamily, Texas, Texas Market Reports

Texas Multifamily Owners, Investors Turn To Alternative Capital Sources

By Sam Greenblatt, CEO, Electra Capital Today, a growing number of risk-averse financial institutions are pulling back from the multifamily rental market, leaving owners and investors struggling to complete their transactions. Fortunately, however, private firms are stepping into the gap with alternative sources of debt and equity capital. As the COVID-19 pandemic disrupted the national economy this spring, banks tightened their standards on all types of loans, according to a recent Federal …

July 7, 2020Market Reports, Multifamily, Texas, Texas Market Reports

Texas Data Centers & Covid-19: How The Pandemic Has Impacted Absorption

By Edward Henigin, Chief Technical Officer, Data Foundry The COVID-19 pandemic has been a highly disruptive force in the global market, changing the way businesses, communities and economies operate today — and perhaps into the future. While uncertainty has defined this challenging time, trends have been developing in the wake of the virus’ worldwide impact. One of the most prominent trends has been the shift to remote and digital means of working, communicating and learning. Across …

June 30, 2020Data Centers, Industrial, Market Reports, Texas, Texas Market Reports

Changes in Law, COVID-19 Impact Property Taxes in Texas

By Rachel Duck, director and senior property tax consultant at Popp Hutcheson LLP, the Texas member of the American Property Tax Counsel Property taxes are big news in Texas. Last year, property taxes were a primary focus of the 86th Legislature, and Texas Gov. Greg Abbott deemed property tax relief so important that he declared it an emergency item. The 2019 legislative session produced significant modifications to tax law. Here’s a rundown of the most noteworthy changes affecting …

June 12, 2020Market Reports, Texas, Texas Market Reports

Amid COVID-19, Texas Retail Owners Have Tenants’ Backs

As COVID-19 disrupts the American economy, healthcare system and way of life, retailers and restaurants — the commercial real estate users whose very profitability and essence thrive on social congregation — have already been pegged as immediate casualties of war. According to data from the U.S. Department of Commerce, total U.S. retail sales fell by 16.4 percent between April and March, well above the projected drop of 12.3 percent. And specifically within the Lone Star State, the Texas …

June 2, 2020Market Reports, Retail, Texas, Texas Market Reports

For Texas Office Owners, Understanding Best Operating Practices Is Critical Post-COVID-19

By Cody Payne, senior vice president, Colliers International. As strong job growth over the past decade has brought more and more investors to Texas, many of these buyers have looked to office product due to the appealing going-in returns that the property type offers. In addition, many cross-product owners look at office investing to make higher returns outside of their current portfolios. As buyers look toward the office market, there are many factors that need to be considered before …

May 19, 2020Market Reports, Office, Texas, Texas Market Reports