• Multi-Family Rental Property

    What’s Happening To The Multifamily Rentals In The United States?

    There’s no doubt that construction in the Houston Texas area has been on the rise in recent years but one of the noticeable problems that we’ve seen occurring is that there have been fewer and fewer small, multi-family buildings constructed each year. In 2017 for example, there were 358,000 multifamily buildings constructed in the United States but these units were all large multifamily properties of 50 or more units. When it comes to smaller multifamily buildings there were only 27,000 units constructed. What’s Happened To Smaller Multifamily Rental Properties? Why the big change in multifamily units constructed in the United States? The change in the construction of multifamily properties can…