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Bauer Business Focus

In Midst Of Luxury Apartment Glut, Houston Firm Upgrades Lower Class Units

Nitya Capital’s Swapnil Agarwal believes now is the time to invest in Houston apartments.

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Florian Martin
Swapnil Agarwal, founder of Houston real estate firm Nitya Capital

Houston has been building too many luxury apartments.

It goes back to when the price of oil was booming – but with the downturn, demand for new apartments dropped, and there are now fewer new construction starts.

At the same time, there are many renters who would like to live in a nicer place but can't afford the so-called "class A" units.

One Houston entrepreneur sees that as an opportunity.

Swapnil Agarwal is the founder of Nitya Capital, a real estate investment firm.

You can listen to the interview by clicking the play button above.

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