Multifamily Housing
In an area where more affordable housing is dear, it’s becoming more and more rare to get a press release announcing that someone is entering that market in Dallas. But Napali Capital, a Southlake-based investment firm, has done just that — twice. Last month, the private investment firm announced the acquisition of the Westwood Apartments,…
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There may be a lot of apartments being built in Texas, but that’s not necessarily translating to more affordable rents, one economist said at a recent conference on affordable housing held at the Federal Reserve Bank of Dallas. Greg Willett, chief economist at RealPage, told the group assembled that the same affordable housing issues that…
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