October 19, 2020
The major Texas markets of Dallas/Ft. Worth, Austin and Houston all rank in the top 10 U.S. multifamily markets for inbound global capital (ranked by investment volume from 2015 to the first half of 2020), according to CBRE’s H1 2020 U.S. Multifamily Inbound Investment Trends report. Texas is the only U.S. state with three markets ranked among top global investment markets for multifamily product.
According to data compiled by CBRE’s Jeanette Rice, DFW ranked fifth in the U.S. with $2.8 billion in global capital investments. Austin ranked ninth with $2.1 billion and Houston ranked 10th with $2.0 billion.
The leading market during this time period was New York City with $10.6 billion in global capital investment. Ranked a distant second behind New York was Los Angeles at $3.9 billion. Rounding out the top 10 were Atlanta in third place, Washington, DC in fourth place, sixth-place Phoenix, seventh-place Boston and eighth-place San Francisco.
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