Tag: apartment construction
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...
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...
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
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...
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
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...
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...
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...
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,...
LEED’s bold green overhaul
After more than 10 years, the U.S. Green Building Council (USGBC) is putting out a new LEED (Leadership in Energy and Environmental Design) rating...
Blackstone making $10 billion multifamily purchase
Acquisition of AIR Communities is Blackstone’s largest transaction in the multifamily market.
Blackstone has agreed to acquire an owner of upscale apartment buildings for about...
1.1 million apartments occupied since 2020
National apartment occupancy hit a 10-year low at the end of 2023, while demand reached its highest point since Q2 2022 and...
Property management jobs grow as construction jobs stall in February
The Employment Situation Report for February from the Bureau of Labor Statistics stated that employment in property management rose while residential construction employment fell...
Multifamily construction spending ticks higher in December
The Census Bureau’s report on construction spending said that the value of multifamily residential construction put in place in December was up 0.3 percent...
Census reports improving multifamily construction figures for December
The Census Bureau’s new residential construction report for December showed a rebounding multifamily housing construction business, with multifamily construction permits, starts and completions numbers...
