"The Fort Worth area added more than 15,000 jobs through the city’s economic development incentives last year with private investment totaling $4.6 billion...the Fort Worth Chamber of Commerce said 50,000 jobs were added in the past year. That included highly-skilled positions in biotechnology, aviation and transportation automation and healthcare..."
"Charles Schwab is moving its corporate headquarters to Westlake, Texas, after the brokerage firm merges its business operations with TD Ameritrade. San Francisco-based Charles Schwab announced on Monday an agreement to buy TD Ameritrade in an all-stock transaction valued at $26B."
"Apartments are a huge part of the Dallas-Fort Worth economy, responsible for billions of dollars and tens of thousands of jobs a year, and yet there are not nearly enough of them...And when it comes to apartment rehabilitation and renovation projects, DFW shows its economic potential with renovations and repairs alone pushing about $2B into the local economy and creating up to 7,000 jobs yearly..."
Dallas News | December 1, 2018 | Maria Halkias - "Fort Worth city officials are using their Amazon HQ2 package to court at least 60 other "potential projects" of various sizes...The city highlighted to Amazon - and now to others - Fort Worth's "access to abundant and diverse talent, STEM education efforts and university partners, effortless logistics and multi-model travel, and a community spirit that defies expectations.""
Bisnow | October 17, 2018 | Kerry Curry - "When XTO Energy...dusted off its boots and left Cowtown for Houston, the blow was expected to be devastating for a city known for its storied oil history...Still, even with the shock of losing a beloved corporation, Fort Worth is holding its own, and several of its commercial real estate sectors are thriving thanks to a strong jobs market, a diversified economy and a growing city with a business-friendly climate. A new ranking by WalletHub named Fort Worth the nation's sixth-fastest-growing large city in the United States. The city's multifamily and retail sectors are particularly hot with high occupancies and plenty of new developments either opening or on the way."
Multihousing Pro | September 13, 2018 - "Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Monticello Oaks, a three-story, 63-unit apartment complex in Fort Worth, Texas..."
Star-Telegram | March 22, 2018 | Bill Hanna - "The Dallas-Fort Worth-Arlington metropolitan area's 146,000-resident jump in 2017 was the most of any metro area in the United States...Overall, Dallas-Fort Worth-Arlington ranked fourth, with 7,399,662 residents, behind only the New York, Chicago and Los Angeles metro areas and ahead of Houston-The Woodlands-Sugar Land, which ranked fifth."
Dallas News - Business-Real Estate | July 6, 2017 | Steve Brown - Despite the explosive growth of apartment building in the DFW metroplex, rents continue to steadily increase. While the rent growth percentages of neighborhoods with a higher number of new apartments being built are more modest than others, analysts predict that DFW rents overall will continue to stay ahead of last year.
D Magazine - Commercial Real Estate | February 24, 2017 | by Peggy Daly - An uptick in the North Texas job market has led to a population boom in the DFW area, perhaps surprisingly including in-town multifamily housing developments. This article discusses how the appeal of "walkable, urban environments" and the growing trend of "reverse commuting" has contributed to the increase in popularity for in-town multifamily living.