Wednesday, April 24, 2013

DFW job growth fuels massive apartment development via Dallas Business Journal

Dallas-Fort Worth's growing economy — thanks to recent corporate relocation and expansion in North Texas — is feeding the appetite from developers to build apartments, according to the latest Marcus & Millichap research.

On Wednesday, Marcus & Millichap released data showing developers completing 8,450 apartment homes over the past year North Texas, which is up from 5,500 year-over-year, according to the research.

This year, developers are expected to complete 13,250 units, or nearly double efforts to build apartment homes.

Read more...DFW job growth fuels massive apartment development - Dallas Business Journal

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