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Houston Ranks First in Labor Force Growth!

To mitigate financial risks in this economy, prioritize investments in markets with robust fundamentals. For us, Houston’s multifamily market consistently checks all the right boxes. With a combination of job growth, population expansion, and balanced supply-demand dynamics, Houston is proving to be a resilient and profitable market for apartment investments.

The Data Speaks for Itself

Here are some of the reasons we’ve doubled down on Houston:Screen Shot 2024-12-08 at 8.29.42 PM

  • Job Growth: Houston ranks first in labor force growth among major U.S. markets, with total employment at 3.4 million—up 1.8% year-over-year (YOY), outpacing the national average.
  • Steady Demand: Despite 19,827 units under construction, Houston absorbed 8,740 units year-to-date, keeping vacancy rates stable at 7.11%. This speaks to the market's ability to meet demand even amid new supply.
  • Attractive Rents: Average effective rents increased YOY, standing at $1.51 per square foot. Established properties maintain strong occupancy, reinforcing confidence in this market.
  • Upcoming Opportunities: Transaction activity is poised to grow further, fueled by anticipated interest rate stabilization and Houston’s persistent economic growth.

We're Living It

Earlier this year, we capitalized on this dynamic environment by securing The Cape Apartments, a prime multifamily asset northwest of the city. Many of our investors who joined us in that investment are already enjoying cash flow, demonstrating the kind of returns we aim to achieve.

We Are Doubling Down

Just a few miles from The Cape is another asset which we currently have under contract. The promising venture boasts a projected 23.3% average annual return upon exit in 3 to 5 years, with annual cash distributions in the range of close to 7%. Don’t miss out on this momentum! Join hundreds of like-minded investors and take part in our doubling down on opportunities in the Houston market. Click here to learn more and get started today.