Houston: The Opportunity City

Praxis Newsletter – July 2011 While visiting our latest acquisition, the Elm Grove Apartment complex in Houston, I was struck by the drive and entrepreneurial spirit of the people I encountered there. The people of Houston are attracted to, and motivated by, Houston’s business-friendly attitude and thriving economy. Houston is known as The Opportunity City,…

The Rental Decade

Praxis Newsletter – April 2011 If the 2000s were known as the bubble decade, then the 2010s may as well be known as the rental decade. Demand for rental properties may well outstrip supply over the next five years. According to David Crowe, Chief Economist for the National Association of Homebuilders (NAHB), construction of 133,000 new…

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