Houston commercial real estate brokerages buck hiring trends, continue growth

The energy downturn has not stopped the city’s largest 25 commercial real estate brokerages from hiring licensed professionals, according to HBJ research.

Of the 25 brokerages ranked on HBJ’s 2017 Largest Commercial Real Estate Brokerages List, 56 percent — or 14 firms — have added more brokers and agents since last year. Only six companies reported a loss in licensed professionals with an average loss of only about four brokers. The remaining brokerages reported consistent broker and agent counts with last year.

Click to read more at Houston Business Journal.


Broker sees renewed investor interest in Houston multifamily market

Matt Guse is feeling optimistic about Houston’s multifamily market in 2017.

The senior vice president with Colliers International Group Inc.’s (Nasdaq: CIGI) multifamily group in Houston has been fielding more calls from out-of-town investors looking to purchase apartments in the Bayou City.

Click to read more at Houston Business Journal.


Dallas-based REIT buys adjacent apartment complexes in Houston

Dallas-based NexPoint Residential Trust Inc. (NYSE: NXRT) acquired two Houston apartment complexes for about $108 million, according to a release. The adjacent properties are located on approximately 35 acres in the Briarmeadow area and significantly expand the real estate investment trust’s Houston portfolio.

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Expats rank Houston one of the best places to live in the world

Barcelona, Berlin, Geneva, New York and Singapore, step aside.

Houston bested these cities and others as one the top places to live in the world, according to a InterNations Expat Insider 2016 survey published in Business Insider. The study ranked the Bayou City as the second-best city.

Click to read more at Houston Business Journal.


Houston neighborhoods where apartment rents rose and fell the most in 2016

Houston apartment rents have largely stagnated amid a glut of new projects opening during the oil slump.

The average apartment rent across the Bayou City inched up just 1.3 percent year over year to $981 per month, according to Transwestern’s 2016 Houston Trendlines report.

Click to read more at Houston Business Journal.