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 – Value-Add Doesn’t Mean What It Used To

Bisnow | September 15, 2014 - "Value-add used to mean buying a foreclosed property that was 50% occupied. That was so two years ago. It’s costing more to get into any deals because rental rates and occupancy are higher than they’ve ever been, says MBP Capital principal Ryan Heddleston (left, with his 4-year-old daughter, Emma, and SPI Advisory's Michael Becker, with his 5-year-old daughter, Bree)..."

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