In The News

In Houston, the average rent typically goes up $5 to $7 a month, but since March, it dropped $5, according to ApartmentData.com.

Houston Chronicle (August 10, 2020) - Read The Full Article

“Absorption in June of 1,263 units is very respectable for any June and is the force behind the firming of rent in Classes B, C and D,” said Bruce McClenny, president of ApartmentData.com.

Houston Business Journal (July 27, 2020) - Read The Full Article

Bruce McClenny, president of ApartmentData.com, said April and May, especially, have so far been the toughest months for local apartment operators.

Charlotte Business Journal (July 27, 2020) - Read The Full Article

President Bruce McClenny said in a June 19 interview. “I think development is just driven by where people want to live and raise their families.”

Spring Community Impact Newspaper (July 15, 2020) - Read The Full Article

“There’s always a lot of new communities coming on into the Frisco area,” said Bruce McClenny, president of ApartmentData.com, which collects monthly data on leasing activity.

Frisco Community Impact Newspaper (July 15, 2020) - Read The Full Article

Since June of last year, 13 apartment complexes with 4,360 units opened in the Katy area, according to ApartmentData.com, a Houston-based company that performs market research on the multifamily industry.

Katy Community Impact (July 9, 2020) - Read The Full Article

The project will add to the nearly 21,000 units under construction across the Houston region, according to ApartmentData.com, a Houston-based apartment research firm.

Houston Chronicle (July 8, 2020) - Read The Full Article

Bruce McClenny, president of ApartmentData.com, said strong demand drove the market in June.

Dallas Business Journal (July 8, 2020) - Read The Full Article

The coronavirus pandemic shook up the Dallas-Fort Worth apartment sector, pushing average rents down 1.4% from March to June, according to ApartmentData.com.

Dallas Business Now (July 8, 2020) - Read The Full Article

“[In] Class D and C, there wasn’t as much activity there as I was expecting,” ApartmentData.com President Bruce McClenny said about rental price changes. “I am seeing those classes firm up a little bit more. Those are coming back as we get in the third phase of reopening.”

Dallas Business Now (June 25, 2020) - Read The Full Article

“Really, over the last several years, Katy and the outlying areas of The Woodlands and Spring have been leading the city in suburban development in terms of apartments, and I think that has to do with the jobs available and [the] desirable schools that are located there,” ApartmentData.com President Bruce McClenny said in a June 19 interview. “I think development is just driven by where people want to live and raise their families.

Community Impact Houston (June 22, 2020) - Read The Full Article

Class A apartment rent in the Austin area fell by $71 since the end of March, said Cindi Reed, director of business development at ApartmentData.com. This is because there are nearly 10,000 class A units in lease up right now — on average about 33% of them are leased.

Austin Business Journal (June 22, 2020) - Read The Full Article

Recently, McClenny spoke with Community Impact Newspaper about the state of multifamily housing in the Greater Houston area as well as about how the ongoing coronavirus pandemic has affected different aspects of the industry.

Community Impact Houston (June 22, 2020) - Read The Full Article

“You can go downtown and you’ll still see two to three months free on individual properties,” said Bruce McClenny, President of ApartmentData.com.

FOX Houston (June 17, 2020) - Read The Full Article

According to tracking firm ApartmentData.com, Houston rents went down 1.2 percent in a generally busy time of year. That may not sound like a lot, but it’s the lowest point in a while.

KHOU 11 (June 12, 2020) - Read The Full Article

Apartment rents in the Austin area are down 2.7% at the end of May compared to the end of March, according to ApartmentData.com.

Austin Business Journal (June 12, 2020) - Read The Full Article

“The months of March-April-May and into July, those are the months where we see more demand. And so rents rise year after year, but this is a drastic change from that and understandably so,” said Bruce McClenny, president of ApartmentData.com, a firm that tracks the multifamily industry.

Community Impact Houston (June 10, 2020) - Read The Full Article

“The market is very responsive to changes in demand, and prices have reacted to that,” McClenny told Atlanta Business Chronicle.

Atlanta Business Journal (June 10, 2020) - Read The Full Article

“We would normally see bumps in April, May and possibly June, and it’s just not there,” Bruce McClenny, president of the apartment data firm, said. “We’re seeing this same situation in every market we cover.”

Houston Chronicle (May 31, 2020) - Read The Full Article

As of May 13, just 123 units had been absorbed in North Texas, putting net absorption is on track to fall nearly 90 percent year over year. according to ApartmentData.com.

Dallas Business Journal (May 31, 2020) - Read The Full Article