DALLAS BUSINESS JOURNAL (November 9, 2017) – The wave of new construction deliveries hitting Uptown and some of Dallas’ urban neighborhoods this year is expected to begin flowing into North Texas’ suburbs in a big way by mid-2018, impacting occupancy and rental rates in the region.
The influx of new apartments could lead some newly built communities and existing properties already offering move-in specials and discounts to would-be renters to up the ante when it comes to bringing in and retaining residents.
But these outcomes largely rely on the region’s continued ability to attract new residents to North Texas, said Jay Denton, vice president of Axiometrics, which was recently acquired by Richardson-based RealPage Inc.
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