Austin saw a significant increase in apartment demand in the first half of 2024, with over 8,500 units occupied and a forecast of over 16,000 units by year-end. This surge, particularly strong for high-end units in suburban areas, is driven by domestic migration and the search for more affordable housing. #austin #multifamily #realestate
Wildhorn Capital
Real Estate
Austin, Texas 1,447 followers
Wildhorn delivers risk-adjusted returns by investing in residential value-add and ground-up development opportunities.
About us
We are a boutique real estate investment company, specializing in residential real estate in Central Texas. With deep roots as native Austinites, we leverage local market knowledge and lifelong relationships to secure premium opportunities for our investors. We are proud to be working with over 250 repeat investors and operating over 4,000 units in our Central Texas community.
- Website
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https://www.wildhorncap.com/
External link for Wildhorn Capital
- Industry
- Real Estate
- Company size
- 2-10 employees
- Headquarters
- Austin, Texas
- Type
- Privately Held
- Specialties
- Georgia Real Estate
Locations
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Primary
Austin
Austin, Texas 78704, US
Employees at Wildhorn Capital
Updates
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We had the opportunity to attend CBRE’s Annual Spring Multifamily Conference in Austin, TX recently. The event was bustling with real estate professionals, offering a mix of reflection and optimism. We were eager to learn about economic conditions, investor sentiment, and emerging trends. Here are our key takeaways and thoughts from the conference. #multifamily #realestate #btr
Market Reflections and Forecasts from the 2024 CBRE Multifamily Conference
https://wildhorncap.com
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Property taxes are our largest expense, making up 30-35% of total costs. This month, explore how property tax assessments in Texas work, focusing on market values and millage rates. Read more for our strategies for protesting valuations and adapting to political changes. #realestate #propertytaxes
A Deep Dive into Property Taxes
https://wildhorncap.com
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U-Haul recently released its Growth Index, which highlights the U.S. states that saw the largest number of movers in one-way U-Haul equipment in 2023. For the sixth time in eight years, Texas landed in the No. 1 spot on the list. DIY movers accounted for 50.4% of all one-way U-Haul traffic arriving in Texas. The Southern state has become a growing base for different industries including tech and aerospace. As of 2022, Texas leads the nation as home to the most Fortune 500 companies. Check out the full list of states people moved to in 2023. ⬇️
This is the No. 1 state Americans moved to in 2023—it’s not Florida
cnbc.com
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Cooper recently joined the Capital Raiser Show to talk about Build-To-Rent, what makes it different from traditional multifamily, and why Wildhorn isn't afraid to go long. You can check out the episode here: https://hubs.la/Q02dD6ZQ0
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Texas Children's Hospital plans to open its N. Austin campus in early 2024 with room to grow - Austin Business Journal https://hubs.la/Q02cVmwB0
Texas Children's Hospital plans to open its N. Austin campus in early 2024 with room to grow - Austin Business Journal
bizjournals.com
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We could not be more excited about this project, and are grateful for these partnerships!
Wildhorn Capital, Masonwood, International Capital, LLC Successfully Close Loan for New Build-to-Rent Community in Lockhart, TX
Wildhorn Capital, Masonwood Homes, International Capital Successfully Close Loan for New Build-to-Rent Community in Lockhart, TX
international-capital.com
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Interesting research from JLL!
🏡 Why SFR will Perform Well in 2024 In 3Q23, Tricon Residential, Invitation Homes, and American Homes 4 Rent I, LLC all reported “rent increases greater than 6% for the third quarter over the same period a year prior”. Below are 3️⃣ reasons The Wall Street Journal forecasts strong performance for SFR (single-family for-rent): 1️⃣ “Tenants in single-family homes move less often than apartment renters” Thus, SFR tenants “may be more willing to absorb rent increases if their families feel settled into a neighborhood and school system”. 2️⃣ Home renters are wealthier Thus, not only are SFR tenants “more willing to absorb rent increases”, they are also more able to absorb rent increases. 3️⃣ Home affordability is at the “worst level for buyers since at least 1985” – John Burns Research and Consulting Even though SFR tenants are wealthier than apartment renters, they still struggle to afford the cost of owning a home. This reduces the risk of tenants who stop renting when they purchase a home. 💲 Our in-house research team’s findings support the widening gap between monthly rent and monthly cost to own in #CentralTexas. For #SanAntonio, the monthly gap is $1,031. In #Austin, the monthly gap is $1,595. 📈 Given the 3️⃣ reasons above and the vast affordability chasm between renting and owning, I’m bullish on the performance of BTR / SFR projects like YardHomes Juniper Pointe by Urban Moment in far west San Antonio, Los Cielos by AHV Communities at Brooks City Base, and Beacon at Vine Creek by Beacon Residential in #Pflugerville. 📝 If you’d like access to the full JLL Central Texas Q3 research report created by our in-house research team (thanks to Mikala Lowrance), here’s the link: https://lnkd.in/eA9unxHC JLL Multi-Housing - Central TX Ryan McBride | Robert Wooten Chris Roper | Nick Beardslee | Alex Fernandes
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