CBRE: Houston multifamily market performing ‘surprisingly’ well despite oil slump (HBJ)

Photo Courtesy of HBJ

Photo Courtesy of HBJ

By Paul Takahashi

Houston’s multifamily market is performing “surprisingly” well despite the downturn in oil prices, according to CBRE Group Inc. (NYSE: CBG).

“We’ve had more supply than demand, no question about it,” said Hal Holliday Jr., executive vice president with CBRE Houston’s debt and structured finance division. “ But it’s still been a good year.”

Click Here to Continue Reading

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s