California’s loss, is Texas’s gain. According to a recent StorageCafe Analysis, the state remains the top destination for domestic migration, attracting more new residents than any other state.
StorageCafe’s analysis of the latest U.S. Census Bureau data shows Texas gained a net +76,000 residents in 2024, despite a broader slowdown that pushed interstate migration to a 10-year low. Move-in gains have been cut in half from the previous year, but Texas remains firmly in the lead.
California continues to be Texas’s largest source of new residents, with the California-to-Texas flow still ranking as the biggest state-to-state migration corridor in the country — a trend that continues to shape growth across major metros like Dallas-Fort Worth.
The data shows 210 Californians moved to Texas every single day in 2024. Texas home values run 59% lower and rents 30% lower than California’s. The math still works for Texas.
An RK Investors-led team obtained an $81 million construction loan for Sutherland at Piper Glen, a 299-unit multifamily development underway in Charlotte’s Piper Glen neighborhood. The financing was provided by Western-Southern Life Insurance Company. The financing was arranged by Nate Sittema, Kristen Reilley and Elliott Voreis with CBRE’s Debt & Structured Finance team. Currently under...
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NAI Capital Commercial EVPs John S. Archibald and Guillermo Olaiz, alongside senior associate Stephen Lam of the Investment Services Group in the Pasadena office, represented the seller, Star Horizon, LLC, in the sale of ZK Plaza, a 41,586-square-foot office building in Pasadena. The property sold for $13,400,000, representing a 3.5% premium over asking. Located at...
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Berkadia announced the sale of Orchard Corners & Suites, a 139-unit, 264-bed, garden-style student housing property serving The University of Kansas in Lawrence, Kansas. Berkadia’s Student Housing and Kansas City investment sales teams collaborated to facilitate the transaction on behalf of the seller, Utah-based Redstone Residential. The Berkadia team included Senior Managing Directors Travis Prince...
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Central CA Commercial | California
Recckio Real Estate & Development
Northgate Real Estate Group
California
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