Friday, December 20, 2024

Tag: apartment construction

multifamily starts

Multifamily starts reported sharply lower

The Census Bureau’s new residential construction report stated that multifamily permits jumped higher in November but both starts and completions were sharply lower month-over-month. Multifamily...
apartment construction spending

Multifamily construction spending slide continues

The Census Bureau’s report on construction spending said that the value of multifamily residential construction put in place in October was up 0.16 percent...

Multifamily starts higher despite fall in permits

The Census Bureau’s new residential construction report stated that multifamily starts moved higher after last month's fall. However, both multifamily permits and completions were...
construction material prices for copper wire

Construction materials prices rise in October

The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices rose 0.3 percent month-over-month in October...

Multifamily construction spending continues to fall

The Census Bureau’s report on construction spending said that the value of multifamily residential construction put in place in September was down 0.10 percent...

Multifamily construction spending lower in August

The Census Bureau’s report on construction spending said that the value of multifamily residential construction put in place in August was down 0.35 percent...
Often considered the slowest growing region in the U.S., the Midwest has recently shown surprising improvements, both in the performance of its multifamily markets and in the resilience of the region’s economy. The outperformance comes amid a volatile economic backdrop—the Midwest’s relative stability is one of the region’s defining features and highlights its importance in any multifamily portfolio.

New metrics make Midwest investment attractive

  Recently, the Midwest has shown surprising growth and economic resilience, making this region an attractive candidate for multifamily development, investment and general interest. Often considered...
Avenue South Residences—56-story residential towers located on the western edge of Singapore’s urban core—will be the tallest buildings created with prefabricated prefinished volumetric construction (PPVC). The 988-unit multifamily housing towers will include 2,984 modules (ADDP Architects).

Mod, mod world

Some of the busiest apartment developers in the U.S. are still trying to use three-dimensional “modules” created in factories to reduce the cost of...
apartment construction

Multifamily housing construction bounces back from May lows

The Census Bureau’s new residential construction report for June stated that multifamily permits, starts, and completions were all up from May’s depressed levels. In...
L.A. homeless tower building cost rings bells

L.A. homeless tower building cost rings bells

Gym, balconies, restaurant, soundproof music studio, business center, located in downtown Los Angeles, and it’s pet friendly. Sounds like a pretty good hotel, four-stars at...
Present day Rockford Watch Company opened near the Rock River in Rockford, Illinois. the factory’s vivid history includes a number of contrasts: years of great prosperity followed by market competition and insolvency in 1896, followed by successful reorganization headed by Jacob Franks and Max C. Eppenstein in 1901. a fire in July, 1903, followed by a lightning strike in September, 1903, destroying the chimney, boiler house and large part of the machine room. Some months later lay-offs were announced. After producing nearly a million pocket watches, the factory closed in 1915.

Deal watch

Oliver Emerson Development, a father-son duo, wants to turn the former Rockford Watch Co. factory in Rockford, Illinois, into affordable housing. “To be able to...
Rent control still the wrong solution to housing woes

Rent control still the wrong solution to housing woes

Restricting the price of housing kills incentives to supply places to live. Rent control is having something of a moment: In Los Angeles, tenants are...
Interest rates slow apartment development

INFOGRAPHIC: Interest rates slow apartment development

Rising interest rates, tighter lending and flattening rents in parts of the country have left property companies from California to Florida waiting for financing...
apartment construction requires multifamily permits

Multifamily housing construction stats lower across the board

The Census Bureau’s new residential construction report for May showed weakness in all areas of multifamily housing construction. Permits, starts, units under construction and...
multifamily housing construction including permits, stats and completions

Mixed month for multifamily housing construction

The Census Bureau’s new residential construction report for April showed multifamily permits were lower, starts rebounded higher and completions remained about the same. Note that,...

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