10Y UST5.21%-0.57%30Y MTG7.40%SOFR3.88%-0.26%VNQ$91.25+0.99%XLRE$41.90+0.99%FED FUNDS3.88%
Real Estate Trail
Institutional Press Wire
Houston Chronicle · Multifamily

Howard Hughes Texas Region President Jim Carman to transition to advisory role in 2027

Via Houston Chronicle · October 15, 2026
Compiled by Real Estate Trail Editorial · October 15, 2026

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. 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

Computed from Real Estate Trail’s own tracked coverage

Read the full article at Houston Chronicle →

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