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Harvey Recovery Spurs Purchase of 2,115 Houston Apartments Amid Tight Housing Supply

Nicholas Residential Rebuilds Houston Portfolio With Acquisition of Six Complexes
Damage from Hurricane Harvey flooding last year in Houston has boosted apartment demand.
Damage from Hurricane Harvey flooding last year in Houston has boosted apartment demand.
By Kyle Hagerty
December 4, 2018 | 9:30 P.M.

Hurricane Harvey’s devastation of large swaths of residential homes across the Houston area has given a boost to the apartment market in the fourth-largest U.S. city, raising occupancy rates and luring investors such as Dallas-based Nicholas Residential.

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