Connect Texas Multifamily 2026

After a historic run of rent growth followed by record deliveries, Texas multifamily is recalibrating. Dallas-Fort Worth, Austin, Houston, and San Antonio remain growth markets — but elevated supply, slower rent growth, and capital discipline have reshaped underwriting assumptions. Industry leaders will examine where fundamentals are stabilizing, where absorption is exceeding expectations, and where performance remains under pressure. Panelists will address migration durability, job growth composition, rent trajectory over the next 12–24 months, and what this phase of the cycle means for investment strategy across the state.

Debt and equity are available again — but selective, conservative, and highly sponsor-dependent. As transaction volume gradually returns, underwriting standards have tightened and return thresholds have reset. Hear real-time insights into how new deals are
being capitalized today, agency appetite, bank retrenchment, debt fund activity, preferred equity, recapitalizations, and evolving JV structures. Find out what capital sources are prioritizing, what remains difficult to finance, and what sponsors must demonstrate to secure funding and close in this environment.

At the metro level, Texas fundamentals remain solid. At the submarket level, the story is far more nuanced. Urban core vs. suburban performance, Class A lease-up pressure vs. Class B/C resilience, and widening rent disparities are reshaping investment decisions. This discussion will examine where absorption is keeping pace with deliveries, where concessions are persisting, and how investors and operators are adjusting strategy across DFW and other major Texas metros. Here we identify where conviction remains strong — and where caution is warranted.

As rent growth normalizes and expenses remain elevated — particularly insurance and property taxes — owners and developers are reassessing where capital deployment still makes sense. This session will address new-start feasibility, cost-engineered design strategies, value-add execution in a softer rent environment, and reinvestment decisions across aging assets. Panelists will examine amenity ROI, operational efficiencies, and submarket-specific opportunities where ground-up development, redevelopment, or repositioning remain viable in today’s Texas market.