Value-Add Has its Day

by Matt Hudgins (

When Clarion Partners acquired the Plantation Apartments at the Woodlands late last year, the 432-unit, luxury complex north of Houston was just three years old and required only minor upgrades and leasing to increase the revenue stream and boost value. Clarion expects an easy task of maintaining full occupancy at its new multifamily
asset. After all, the Houston metropolitan area’s economy is one of the strongest in the nation, having added more than 85,000 jobs in the 12 months that ended in [Full Article]

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