Army veteran 'snapped' and killed two Houston apartment complex leasing agents

Why this matters

Multifamily has been the most actively underwritten sector through the rate cycle, with cap rate compression resuming in Sun Belt and gateway markets as 2024-2025 deliveries roll off and refinance demand on 2021-vintage bridge loans clears. Transaction velocity is up modestly, concentrated in stabilized Class A and grocery-adjacent garden assets. Houston transaction velocity has been concentrated in industrial and Class A multifamily in the energy corridor and inner loop. Office remains a basis play. Allocators continue to favor residential for its income durability and its insulation from secular demand questions that still hang over commercial sectors.

Editorial analysis · Real Estate Trail Editorial

On the RET wire

• The 14th Houston story tracked on the wire in September 2026. All Houston coverage →
• Disclosed multifamily deal value tracked in September 2026: $4.6B across 48 reported transactions. All Multifamily coverage →

Computed from Real Estate Trail’s own tracked coverage

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