In The News

Morgan Group, a Houston-based apartment development, construction, acquisitions and property management company, is expanding to Dallas.

Houston Chronicle (July 26, 2021) - Read The Full Article

That demand has pushed Houston’s apartment occupancy rate above 90 percent in May for the first time since 2019, according to ApartmentData.com, a multifamily market research firm. In June, occupancy had reached 90.7 percent. Higher-priced units in the city’s urban core, in particular, have recovered to pandemic-related vacancy levels.

Houston Chronicle (July 26, 2021) - Read The Full Article

That fits into a broader trend on the market. In the second quarter of 2020, half of all apartment properties in the Houston region offered rent concessions, according to ApartmentData.com.

Houston Chronicle (July 26, 2021) - Read The Full Article

The market has absorbed more than 23,000 apartment units over the past 12 months, data from ApartmentData.com showed. Around 15,000 of those units, or 65%, have been absorbed since just the start of 2021.

Bisnow (July 14, 2021) - Read The Full Article

In June, the average monthly rent for an apartment in Spring Hill was $1,181 — relatively inexpensive compared to other popular Davidson and Williamson county neighborhoods — with 97.6% of units occupied, according to ApartmentData.com. Apartment occupancy in the area topped 90% in September and has been steadily climbing since.

The Tennessean (July 14, 2021) - Read The Full Article

The sale price surged from more than $4 million in 2010 to just above $16 million this month.

Triangle Business Journal (July 14, 2021) - Read The Full Article

Rental rates are up 6.6% since the start of 2021 at apartments across the Greater Houston area and up 5.6% over the last three months alone, according to a July 6 report from ApartmentData.com.

Community Impact (July 14, 2021) - Read The Full Article

With economic growth in Texas pushing the recovery ahead, empty apartments are being filled. In June, absorption of Houston apartment remained above 5,000 units for the third month in a row, according to a new report by ApartmentData.com.

Realty News Report (July 14, 2021) - Read The Full Article

It is now $1,442 a month, up from $1,278 in July 2020 and $1,311 in July 2019, according to the latest market report from AparrtmentData.com.

Austonia (July 14, 2021) - Read The Full Article

Between the end of February and the end of May, rents were up 5.7%, a 22.8% annual pace, according to ApartmentData.com, a research firm that tracks rents in several cities.

The Atlanta Journal Constitution (July 14, 2021) - Read The Full Article

Information from ApartmentData.com indicate the multifamily market is recovering more quickly in the Austin metro than other metros in the state, according to the release. Hauck said demand for rental units has increased in the past three months.

Community Impact (July 14, 2021) - Read The Full Article

Only the aftermath of Hurricane Katrina in 2005 led to a comparable number of people actively looking to lease apartments in the greater Houston area, according to ApartmentData.com President Bruce McClenny.

Bisnow (June 25, 2021) - Read The Full Article

Triangle Business Journal (June 23, 2021) - Read The Full Article

Austin Business Journal (June 21, 2021) - Read The Full Article

Atlanta Business Journal (June 15, 2021) - Read The Full Article

Austin Business Journal (June 15, 2021) - Read The Full Article

Austin Business Journal (June 15, 2021) - Read The Full Article

(June 15, 2021) - Read The Full Article

The average monthly rent in the Austin metro is now $1,371, up from $1,275 in June 2020 and $1,291 in 2019, according to the June market report from ApartmentData.com.

Austonia (June 8, 2021) - Read The Full Article

Bruce McClenny, president of ApartmentData.com, attributed Austin’s recent rental market recovery to a combination of factors: job growth powered by companies such as Tesla, Oracle and Samsung; relocations; and an increasingly pricey housing market. “Austin’s home market is probably hotter than ever,” he recently told Austonia. “That has to play into the rental market right now.

Austonia (May 26, 2021) - Read The Full Article