Construction material prices rise on higher lumber prices
The Bureau of Labor Statistics (BLS) released its producer price index report for July 2020. It showed that the BLS price index of materials and components for construction was up 0.5 percent from June,...
Construction materials prices up despite lumber price drop
The Bureau of Labor Statistics (BLS) released its producer price index report for October 2020. It showed that the BLS index of construction materials prices was up 0.2 percent from September, seasonally adjusted. It...
California rent control update
A measure which would expand the number of properties in California which could be subject to rent control is working its way through the State Senate. The bill, SB-466, would allow local jurisdictions to...
Construction materials prices up despite lumber price declines
The Bureau of Labor Statistics (BLS) released its producer price index report for August 2021. It showed that construction components and materials prices were up 0.2 percent in the month, seasonally adjusted. The index...
Rental housing law in Colorado
Nexus Commercial Realty recently presented a webinar outlining legislation being considered which affects multifamily housing. While the focus of the webinar was on legislation pending in Colorado, many of the issues being discussed there...
Emotional support animal vs person with allergies: Who wins?
The Iowa State Supreme Court looked at a conflict between two people, both requesting "reasonable accommodation," in a recent ruling.
Origins of the conflict
Karen Cohen has a severe allergy to pet dander. Because of this,...
Blackstone suspends 38 metros in downturn
Home Partners of America (HPA), a single-family rental (SFR) business, will stop all property acquisitions in Boise, Reno, Spokane, Fresno, Memphis and 33 other geographic areas due to the market downturn in the single-family...
Lumber price surge drives construction material prices higher
The Bureau of Labor Statistics (BLS) released its producer price index report for September 2020. It showed that the BLS price index of materials and components for construction was up 2.1 percent from August,...
Lumber drives construction material prices higher again
The Bureau of Labor Statistics (BLS) released its producer price index report for August 2020. It showed that the BLS price index of materials and components for construction was up 0.9 percent from July,...
Plywood again leads construction materials prices higher
The Bureau of Labor Statistics (BLS) released its producer price index report for February 2022. It stated that construction materials prices were up 1.2 percent in the month, seasonally adjusted. The index was 23.5...
Construction materials prices edge higher as lumber rebounds
The Bureau of Labor Statistics (BLS) released its producer price index report for December 2020. It showed that the BLS price index of materials and components for construction was up 0.8 percent from November,...
Construction materials prices lower as lumber falls
The Bureau of Labor Statistics (BLS) released its producer price index report for November 2020. It showed that the BLS price index of materials and components for construction was down 0.3 percent from October,...
CBRE looks at cap rate trends
CBRE released its semiannual cap rate survey for H1 2022. It found that investors expect cap rates to expand in light of rising interest rates. Survey participants also expect lending standards to tighten in...
HUD awards $143 million in grants to support construction and project rental assistance for...
The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs announced on Wednesday that it has awarded $143 million in grants to non-profit organizations across the country to support the...
Construction materials prices jump again in March
The Bureau of Labor Statistics (BLS) released its Producer Price Index report for March 2021. It showed that construction materials prices were up 2.4 percent in the month, seasonally adjusted. The index of materials...
