JULY 7, 2020

SHANE WILSON SPEAKS AT BISNOW EVENT ‘THE FUTURE OF HOUSTON MULTIFAMILY’

tOPICS DISCUSSED INCLUDE THE FOLLOWING: Is there capital out there for multifamily development and acquisitions and how has underwriting changed in the past few months? How much room does the multifamily segment have to grow before supply outstrips demand in Houston? Luxury products were heavily developed in the past five years, do you see that segment of the market dying down and replaced with more affordable options like Classes B and C? Houston multifamily development was strong before Coronavirus, what is the status of this asset class today? What opportunities are you capitalizing on? Which sub-makes in Houston are most lucrative?

OCTOBER 2, 2019

HARVEST MOON GROUNDBREAKING IN SEALY, TEXAS

Although the lot had already been cleared and dirt was being moved to prepare for the pad, the owners of Harvest Moon Apartments held a ceremonial groundbreaking ceremony Friday to formally get the long-awaited project moving forward. Located at 1100 Highway 90 West across from the fire station, the 75-unit apartment complex has been in the works since 2016. “This has been a long road for us,” said owner Ravi Yerneni. “Since 2016 we’ve been talking about it. Finally, we said let’s do it.” Several city and other officials attended the event. Sealy ISD Superintendent Sheryl Moore said she was happy to see the apartments finally arrive because it will provide affordable housing for new teachers. Mayor Janice Whitehead said it was a pleasure to finally break ground on a much-needed project that has been in the planning stages for years. “I’m thrilled to begin this new phase in our community,” she said. The $7 million complex sits on 3.1 acres and should be complete in about a year. Indus Builders and Developers is the general contractor and Prosperity Bank is providing the funding.When complete, the complex will have 25 one-bedroom units, 42 two-bed units, and eight three-bed units.

OCTOBER 3, 2019

BMAC HOUSTON ‘VALUE ADD VERSUS NEW DEVELOPMENT: TAKING ADVANTAGE OF NEW OPPORTUNITIES IN THE MARKET

Bisnow is bringing you our Bisnow Multifamily Annual Conference (BMAC) series for the first time ever. This full-day conference will cover today's biggest trends and topics in multifamily real estate. We're bringing legacy developers and the next generation of leaders together to discuss the evolution and future of this core asset class. As older multifamily assets become obsolete, developers are realizing the importance of FUTURE PROOFING assets. How can we build for both the present and the future? What amenities will stand the test of time? Resilience is key as we move into a potential downturn. As we near a shift in the US economy, it is crucial to keep a diversified portfolio and look at alternative residential options. Join us as we hear from those active in the co-living, senior housing, and the active-adult space. There will be plenty of time for networking, meet & greet speakers, and activities to get you thinking about multifamily in a fresh way.