from this morning's GlobeSt (10/6):
RESEARCH Last updated: October 3, 2008 07:20pm
Texas Apartment Count Aggressively Growing
By Connie Gore
"DALLAS-Whether it's bravado or foolhardy development, Texas' multifamily developers haven't been stopped cold by the financial chokehold on new projects prevailing in many markets. There are 55,516 units under construction in the four major metros, with Dallas/Fort Worth at the head of the pack in the 18-month pipeline.
In North Texas, there are 20,585 units being built. Houston's adding 16,282 units while Austin is in line for an additional 13,018 and San Antonio, 5,631, according to a just-released third-quarter report by Carrollton, TX-based M/PF YieldStar." ...
for the complete story
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