Bisnow - Dallas-Ft Worth | April 25, 2016 | by Catherine Meredith - "A list of America's top boomtowns named Dallas a gold mine for new home construction, job creation, and in increasing number of households...Dallas County is expected to create 40,000 new jobs this year, 4.5 times more than the average of the top 100 counties in the US."
Texas’ Impressive January Job Growth Trails Only One Economic Rival
Dallas Morning News - Biz Beat Blog | March 14, 2016 | The Associated Press - "Employers stepped up hiring in 30 states in January, led by big gains in Florida, Texas and North Carolina, while 20 states shed jobs..."
SPI Advisory Office in Texas Has Moved
SPI Advisory has moved offices in Texas from Plano to Frisco. Our new address is: SPI Advisory, 7460 Warren Parkway, Suite 100, Frisco, TX 75034. Please see the Google map on our Contact page to obtain directions to visit us.
Here is Why the DFW Job Market Continues to Sizzle
Dallas Business Journal | February 25, 2016 | by Bill Hethcock - "Even as the national economy and the financial markets gyrate, the Dallas-Fort Worth jobs market remains hot. New, expanding and relocating businesses added 98,900 new jobs last year, according to the U.S. Bureau of Labor Statistics. That ranked North Texas behind New York City with 156,400 new jobs and Los Angeles with 135,100 new jobs in 2015..."
D-FW Apartment Rents Rose at Record Rate in 2015
The Dallas Morning News | January 4, 2016 | by Steve Brown - "Dallas-Fort Worth apartment rents jumped by more than 6 percent in 2015 –the largest such annual increase for the area. 'We had record calendar year performance for rent growth,' said Greg Willett, vice president with apartment analyst MPF Research. The large average rent increases came as North Texas led the country in apartment leasing in 2015..."
SPI in Bisnow – SPI Advisory Plans $4.5M in Renovations to 2,000 Unit Portfolio
Bisnow | July 30, 2015 | by Tonie Auer - "SPI Advisory is still in acquisition mode with plans to add about 700 more units before year's end while also investing more than $2M in renovations over the next 12 months across its portfolio, says principal Sean Mabarak..."
Apartment Occupancy at All-Time High: Here’s Why
CNBC | June 18, 2015 | by Diana Olick - "America's rental apartments are full. Historically full, in fact. The national occupancy rate hit 95.3 percent in May, the highest on record..."
SPI in Bisnow – What You Need to Know about Off-Market Deals
Bisnow | March 18, 2015 - "SPI Advisory doesn’t want to be another number in the multifamily bidding wars so principal Michael Becker is going off the radar to target off-market assets. And he’s already closed three this year..."
Dallas-Fort Worth Leads U.S. Metro Areas in Job Creation
The Dallas Morning News | February 4, 2015 | by Sheryl Jean - "The Dallas-Fort Worth area added more jobs than any other metropolitan area in 2014, a feat it hadn’t achieved in at least two decades....The 2014 job growth rates for both D-FW and Houston (4.2 percent) beat the state rate of 4 percent."
SPI in Bisnow – The Deal Sheet
Bisnow | The Deal Sheet | November 25, 2014 - "Here's proof that value-add deals can still be found if you turn over enough rocks. SPI Advisory closed two multifamily deals in Denton and Grapevine (totaling 378 units) with plans to turn the properties around and get market-rate rents..."