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In July 2023, Texas experienced continued job growth, securing its reputation as a thriving economic hub. This marks a 29-month-long streak of job growth in the state, which continues to lead the country. Notably, the Dallas-Fort Worth-Arlington metro area remains a key player, contributing significantly to the state's job surge.This ongoing job growth reaffirms Texas' reputation as an attractive destination for businesses and professionals seeking opportunities. Aaron Demerson, the TWC Commissioner Representing Employers, underscored Texas' appeal as a business-friendly state, continuously drawing employers from various sectors.Within this thriving job market, the DFW metro area stands out as an economic powerhouse. Boasting both the second-largest number of added jobs and the lowest unemployment rate among Texan metros, DFW showcases its pivotal role in Texas' economic growth.For the full article, visit the Dallas Innovates website.
Are you familiar with Empire Nation? If not, this month is the perfect time to re-introduce our dedicated solidarity fund. Empire Nation focuses on one principle: to elevate and empower the wonderful communities nestled within our properties.
As the back-to-school season approached, Empire Nation stepped up to help prepare kids with our Pack Up For School campaign. In early August, we successfully gifted a brand new backpack, packed with crucial school essentials, to every young resident in our properties.
The overwhelming success of this supply drive can be attributed to our kind-hearted investors. An enormous thank you to every single benefactor who made this possible! With these backpacks, we’ve done more than just equip them for school. We’ve helped to empower the entire community, ensuring a brighter future for all.
Texas sure knows how to make headlines, but it's not just about bragging rights. With the state’s seemingly endless job growth, we're not just talking numbers – we're talking about a continuous wave of people moving in. More jobs, more people, more demand for housing. The link between job growth and multifamily real estate is clear. As the workforce grows, so does the need for homes. And that's where we come in. Take, for example, our newest property, Luna Vista. Positioned at the crossroads of Interstate 30 and Loop 820, Luna Vista offers residents quick access to major employers. This strategic placement sets the stage for strong tenant demand and rent growth. Speaking of growth, we're not just watching from the sidelines! With business booming and our Luna Vista property adding to our portfolio, our team has also been expanding. Every day brings new horizons, and we're proud to be part of the driving force behind Texas' thriving job market. The state's success is our success, and we can’t wait to see what the future holds!
Prioritize Tenant Experience
A satisfied tenant often leads to longer lease terms and positive referrals. Think beyond just the physical property and consider what amenities or community initiatives can elevate the living experience for residents.
Strategic Property Selection
Location is just the tip of the iceberg. Consider properties that offer value beyond just a living space. Proximity to major employment zones, transportation networks, and essential amenities can significantly enhance a property's appeal to potential tenants.
Build Genuine Connections
Successful investing extends beyond mere financial gains. Actively engaging and building genuine relationships within the community fosters loyalty and trust. This connection can lead to improved tenant retention and positive word-of-mouth, solidifying a property's reputation in the long run.
