Houston is one of the largest and most diverse cities in the country with a rapidly growing population. From 2018-2019, Texas accounted for nearly one-fourth of the entire nation’s population growth. And in Houston alone, an average of nearly 11,000 people per month have moved to the city since 2010 – nearly 135,000 people a year. With so much growth in Houston and ample supply of value add multifamily product, we have positioned ourselves in fantastic environment to capitalize on this demand. We do look at deals in other parts of the country that have similar demand drivers and favorable business environments as Houston.