Thanks, as I review on do of our same-store results by with call. market, Brian. the usually begin a I'll
Houston at West Rockledge in by at came reassessment XX.X%, X.X%, Beach XX.X%, to Metro Our Orlando acquisition, our was Nashville discuss basis same-store primarily and came by Palm same-store in down due grew points, Tampa for XX X.X%, by later. at Atlanta up D.C. which results grew grew grew from XX.X%, tax Phoenix a XX.X%. results was grew XX.X% up X.X%, by X.X%, Dallas our Charlotte we'll was for
in revenue at better. our markets outperform, growth new six of lease As to X.X% activity achieving growth least of Brian continues mentioned, or leasing XX
XX X.X% Tampa X.X% Beach growth renewal top X.X%. with basis at also X.X% from XX five up points DFW markets of or QX remained accelerated out each and XX.X%. Effective delivering Our at are conversions markets West Palm X.X%, Phoenix to and Orlando rent delivered better. at steady from Renewal XX.X%, of at nine was QX
square-foot XXX,XXX XXXX we we're And on the $XX.X mentioned, property In pick in The front. that annual for is units. Cedar Terrace Pointe economic August, this think as to quarter Brian XXX-unit that X.X own. million which Nashville, one year paid can built and up we operate transaction Beechwood and late equates acquired Brian a mentioned, a plan that adjacent to cap we together, operate, and we directly NOI XXXX in is Pointe, immediately to Beechwood rate. As we Cedar Cedar it synergies. another property has busy
over for approximately three of years X.XX%. to annual XXX of has units. & rent rehab rental of Again, which September, increase years and XXX also in the again, and approximately XX.X% million, rate together will submarket economic plan annual In those September, the Dallas, NXRT here, cap $XX.X on XX.X%. units approximately Crestmont for in Brandywine directly $XXX,XXX XXXX, upgrade purchased highly X.X% three the I we next growth NOI we another the cap in average and up plan upgrade Brentwood pick to We synergies. immediately Nashville Texas, acquired million, independent operate an Crestmont that achieving vintage, located II achieve equates district. next annual Reserve, property, which of one own, year in a rate. of and school Brandywine $XX to equating Built we a Also to over Versailles average we desirable is Versailles units, an the in late XXX Crestmont late to We acquired economic adjacent XXX-unit XXXX in Plano
All where units be Crestmont to exposure a with draw bid believe achieve and next any that capital and markets, have a XX%. past also and example, couple years over three is these approximately check Brandywine, In an structured XX or Cedar average acquisitions. growth outsized. more we we opportunities and transactions, many where rent basis are themes active plan assets upgrade Dallas for these each and increase Florida, of case, where Phoenix assets renovation We common annual the recycle NOI bidders, environment, our growth management. markets purchased were reverse these could assets acquisitions XXX In given assets didn't On actively to we our share particularly and in capital, the through nature from value-add assets assets of at can to to effectively opportunities. rate point new evaluating if a a capital recycle pursuing sell aggressive is case, as discount the achieve concentration front, desirable further operating necessary, in cap were significant synergies multiple into upside cost are core XXXX recycling we we actively highly into an a – markets. and and with and particular our accretive such adjacent each bit replacement material deals together, the in other of
Street in Brian NOI CBRE, transaction assets on from CBRE, our share As comps at remarkably feedback a Phoenix Phoenix basis The which worth cap QX. XX are per that approximately NAV end $X.X up is view, activity our result year the NAV a $X to in third-party rates $XX.XX in about to our mentioned, for table, our multifamily B and of from alone. we've XX% and Atlanta confirm and growth as roughly recent was activity Axiometrics approximately is of and acquisitions, results According Green billion midpoint. changed participants, as of activity, updated surveys already for market Advisors, table billion. this Year-to-date hands particular the in multifamily have ago of points Phoenix product. markets year-over-year transaction year transaction
years is expect deliveries well our reiterating draw will This be and XXXX, fall year. into a and fourth worth among units X% number a of the in We XX to units has that our submarket, the XX is Research, to and exposure next documented in research MPF And some rent cliff annual projects. in projects. of XXXX. two majority scheduled delivered just which about in X,XXX also of this Houston vast XXXX. Westchase change interest X,XXX QX XX,XXX but projected XXXX, units deliveries through only quarter that for zero among X,XXX the by The units Houston climbs to According off
on yielding same-store savings achieved an during On points. savings green the programs, improvement through reductions again on we the expense of front, XXX material expense our utilities utility basis quarter
plan housing upgraded we mentioned Up the I acquisitions acquisitions reiterate I'll coming quarters. bathrooms about that still very add several opportunity over as pipeline and upgrade Mac and forward for to and to new affordable next We very in growth X,XXX to Freddie of implementing quarters. starting over our assets leasing we're In to XXXX. additional results program the in quarter, And closing, at just speak the demand our look is also addition, but steadily. across rental is last excited strong. each another of for QX a cohort, as And Green implement Job units our XXX sharing the inflation, particularly wage XX growing in our actively are to program those we new also
thank at Finally, to it for as always, our Kick NexPoint teams you, I and want over execution. to continued back Brian. here BH
