PRESS RELEASE

Texas Multifamily Developers Slam Brakes

Texas apartment developers are slowing down construction due to high rates, expensive debt, and slowed rent growth. Apartment development has plummeted nearly 75 percent from the average. Experts suggest that new projects targeting a 2026 delivery could present a significant opportunity.

Greysteel Advisory Expertise

Greysteel is a commercial real estate advisory firm specializing in investment sales and debt and structured finance, serving private investors, middle-market operators, and institutional clients nationwide.

The firm provides sector-focused advisory across multifamily, healthcare, and affordable housing and other commercial real estate asset classes, delivering market intelligence, capital markets expertise, and disciplined execution.