The analysis also reports that new multifamily development will “remain near the average recorded over the past five years”.Integra Realty Resources’ 2017 Commercial Real Estate Trends Report ranks Pittsburgh #2 on its Top Markets by Multifamily Transaction Volume Based on YoY Change.Pittsburgh’s rental vacancy rate has declined by 25% over the last five years.Pittsburgh is booming with developments (see reference #6), “there is no better place to be a developer right now than in Pittsburgh.

Regarding the HOA and CC&R's, the builder can make changes to the CC&R's pretty easily while the development is under Declarant Control.

There are Class A industrial projects underway and the development of a large retailer.

There are many new developments going up but traffic in some areas are horrific, especially at peak. 

Managing 17 shopping centers and selecting sites for new developments is no small feat—kudos to you!

Yeah, under any other circumstances, I'd suspect that, but I'm certain based on past communication that they are simply no longer responding.

However, you have to invest in specific communities where they are encouraging development.

I have wanted to flip since the early 2000's but never could due to extenuating circumstances.

I am a Real Estate agent, investor and developer in central Houston, feel free to reach out with any questions. - Chris Kersey 

Many Texas cities are incentivizing developers to build affordable housing units, but challenges remain around keeping these homes accessible long-term.