After analyzing 300 multifamily deals in the past 1.5 years, my business partner Jeff Yang and I closed 2 deals in the past 2 months. An 88 unit Class C property in San Antonio, TX and a 153 unit Class B- property in Houston, TX. Below are the top lessons we learned from taking over
Category Archives: Multifamily
HOUSTON – Texas Gov. Greg Abbott announced Tuesday that Hewlett Packard Enterprise is moving its headquarters from San Jose, California, to Spring, Texas. The headquarters will be located at a new campus that will open in early 2022. HPE is already established across Texas, with locations in Austin, Plano and Houston. The technology company has employed
Patrick is Founder and CEO of CARROLL, a national real estate firm combining institutional investment capacity with real estate operations. There’s a saying – “You don’t fix the roof when it rains” – that offers a lesson for businesses. It is a lesson many businesses across industries had to learn when the Covid-19 pandemic hit. The
Despite seeing economic headwinds in the short-term, and fall-out from the Presidential election, CBRE Global chief economist and head of Americas research Richard Barkham anticipates a recovery starting to take place in 2021. The executive has authored a new paper on the firm’s outlook for next year and was interviewed last week for CBRE’s Weekly
Texas has become a magnet for corporate relocations in recent years, and remarkably, that trend has not slowed because of the coronavirus pandemic. Since 2005, more than 200 companies have opted to relocate their corporate headquarters to Texas, according to YTexas, a business network that assists companies who are looking to expand or relocate to Texas. At least
HOUSTON – (By Dale King, Realty News Report) – The coronavirus pandemic has taken a chunk out of another American real estate market. But Texas was still able to find some good in the depressing numbers CBRE’s U.S. Multifamily Inbound Investment Trends report for the first half of 2020 says global spending in the U.S.