**Matt Hiller of George Smith Partners Shares Insights Ahead of Connect Texas Multifamily Event**
Texas continues to experience a significant population boom, gaining more than two million new residents since 2020. Driven by this surge, investors and developers are actively focusing on the multifamily sector to meet rising housing demand. This evolving landscape will be a key topic at the upcoming **Connect Texas Multifamily** event, taking place on **Thursday, August 28th** at The Joule in Dallas. Industry leaders will gather to discuss major economic indicators and strategies for navigating market shifts.
Matt Hiller, Director at George Smith Partners and a panelist for the **Texas Market Outlook: Economic Drivers & Regional Dynamics** session, offered a preview of the key themes and insights that attendees can expect from the conversation.
### Key Trends and Regional Dynamics
**Macroeconomic Forces and Reshoring Efforts:**
Hiller notes that Texas has been a major beneficiary of macroeconomic trends over the past few years, including both residential and corporate in-migration. While still in early stages, Texas is playing an important role in U.S. reshoring efforts, with around 40,000 net new jobs recently added. Although modest in size compared to the overall state economy, these job gains are having a transformative impact at the community level.
Additionally, Texas is becoming a hub for large-scale data center investments, driven by rising demand from AI and other data-intensive technologies. These facilities are capital-heavy projects that attract global investors and tech giants.
**Industries Driving Economic Growth in 2025:**
While energy remains the cornerstone of Texas’ economy, the financial sector is rising in influence. Major institutions including Goldman Sachs, JP Morgan, Wells Fargo, and Nasdaq are either relocating or expanding their presence in the Dallas-Fort Worth area. Texas is also preparing to launch its own stock exchange, the TXSE, positioning the state as a growing financial powerhouse.
**Regional Hotspots and Challenges:**
Select submarkets in Fort Worth are emerging as strong contenders for multifamily investment, alongside desirable pockets in Dallas and Houston. However, not all regions are performing equally. Austin, in particular, has seen an oversupply in multifamily units, leading to falling rents, elevated vacancies, and leasing concessions. San Antonio has also struggled with flat or declining rents in recent years.
**Low-Risk Investment Strategies:**
According to Hiller, the safest bets in the current market are newer multifamily properties located in established neighborhoods with strong school districts. Infill locations are especially attractive as they face less risk from future competing developments nearby.
### Join the Conversation
As economic drivers evolve, so do investment outlooks. Attend the **Texas Market Outlook** panel during **Connect Texas Multifamily** to hear directly from top experts like Matt Hiller on how population trends, economic growth, and shifting demand are shaping the multifamily sector in 2025.
**Event Details:**
**Connect Texas Multifamily**
**Date:** Thursday, August 28
**Location:** The Joule, Dallas
Gain actionable insights and stay ahead of the curve in Texas multifamily investment. Register now at www.ConnectTXMF2025.com.
