One trip down the tollway to Uptown/Downtown Dallas leaves me in utter amazement at the amount and quality of high-density multifamily projects under construction. Apartment development clearly appears to be riding the coattails of the biggest building boom in decades. With about 28,000 units under construction in North Texas, the Dallas/Fort Worth area is the fastest-growing apartment rental market in the country. It kind of makes you wonder who is going to lease all of these apartments, and moreover, who’s got the money to pay $2.00 + sf for apartment rentals?
Read more...The Urban Renter: Who Art Thou? | Metropolitan Capital Advisors
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.