Transwestern's market research team produces real estate market reports every month which highlight the health of the commercial real estate market. The Houston Industrial and Retail sectors are holding up well through the pandemic while the office market continues to suffer from the dual blow of an energy downturn and the impact of COVID-19. Completions exceeded 22,000 units during 2020 in the Houston multifamily market, and the upsurge in supply isn’t over. We examine sales comps and lease comps to determine the state of commercial real estate across the US. Raleigh-Durham Multifamily Report (Q4 2020) Indianapolis Q4 2020 - Industrial Market Report. HOUSTON – (Realty News Report) – Houston has seen a drop in apartment occupancy, due to Covid-related economic contraction and the weak energy markets, analysts say Thousands of new units are under construction because the market was strong before the coronavirus suddenly changed the outlook for multifamily. Yi-Chin Lee, Houston Chronicle / Staff photographer Show More Show Less 2 of 4. The softening market conditions are a concern to all industry players, but so far, Houston’s market has held up bett 1 of 4. Memphis Industrial Market Report (Q4 2020) ... Houston Office Market Report (Q4 2020) Greater Boston Life Sciences Report (Q4 2020) San Francisco - Forecast 2021. Downtown Houston with the Parklane Condo Tower Wednesday, May 6, 2020, in Houston. These cookies are used to enhance the performance and functionality of our Sites; to manage your preferences; to analyze and personalize your use of, or to generally help us … Diverse in nature and scope, our nationwide serviced portfolio includes permanent loans, construction and forward products, mezzanine financing … Silicon Valley - … Matrix Multifamily Houston Report-Spring 2020. About 17,000 units are underway and, once completed, the market’s inventory will expand by 2.7%. While other commercial sectors saw minimal impact from Hurricane Harvey, damage to multifamily units and demand from the single-family market has thrust Houston into a landlord market 18 months earlier than anticipated. Camden owns interests in and operates 167 multifamily properties in 14 markets. multifamily market experienced improving leasing activity and dwindling concessions. Economy. The average effective rent fell 1.3% and occupancy declined 40 basis points. In Q2, Houston’s multifamily market was negatively impacted by COVID-19 and the ensuing economic downturn. Houston jobs continued to recover through the end of 2020, lagging the rest of Texas but on par with the nation. The value of commercial and multifamily construction starts in the Houston region dropped 47% in 2020 to $4.5 billion, according to the latest data from Dodge Data & Analytics. 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