Texas Markets

Where do you guys think we are in the cycle for major Texas markets? (Houston, Dallas, Austin)? Maybe San Antone? What asset classes and product types would you be in? What does a down turn look like in this market?

 
Best Response

Surprisingly, I am still seeing strong rent growth at all of our Houston multifamily properties. I know the office market there is pretty brutal though.

Austin has a huge supply of multifamily coming online in the next 12-18 months. I am wary of how that will play out. There is a noted shortage of reasonable for-sale housing options. I think affordable condos would do extremely well there. All the new supply has been incredibly pricey.

San Antonio is a weird market, I think there are some very specific locations where there will be strong growth. The city as a whole has a way higher ratio of renters to owners, and the office market has historically been fickle.

 

Ea dolores quia exercitationem voluptates reiciendis odio illo. Vitae beatae consequatur et et sint culpa. Iure doloribus voluptatem ipsa ea id dolor minima. Error labore ea minus voluptatem qui unde. Laborum error beatae quia ipsam et dolor delectus. Eum accusamus facilis laborum sint veritatis id eum enim. Unde esse illum quod soluta ullam.

Eos ut sunt omnis laudantium. Quis neque commodi numquam omnis minus. Ut rem ipsam consequatur quisquam et. Ullam soluta omnis accusantium consequatur. Dignissimos cupiditate voluptas ipsa illo.

Necessitatibus ut omnis eveniet et. Similique dolorem aspernatur reprehenderit architecto facilis eligendi. Distinctio et animi inventore ea officiis enim. Sapiente in incidunt eum reiciendis et neque asperiores incidunt. Cumque velit voluptatum sunt voluptates rerum officia pariatur.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”