Development


  • A low-rise wooden structure in a green field.
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    Permission granted by CREO
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    Q&A

    How amenity spaces can keep tenants for the long term

    Offering the right social opportunities can increase the chance that residents will stay at a property, according to a Texas-based architect.

    By Nov. 13, 2024
  • Two buildings on the edge of a park.
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    Permission granted by Fivesquares Development
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    PROJECT SPOTLIGHT

    Fivesquares, Aimco open 220 units near arts center, transit in Maryland

    Residents of Strathmore Square will receive annual memberships to the performing arts center next door, among other perks.

    By Nov. 8, 2024
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    Arturo Rosenow via Getty Images
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    Trendline

    Top 5 stories from Multifamily Dive

    A roundup of some of Multifamily Dive’s top stories of 2024.

    By Multifamily Dive staff
  • A bird's eye rendering of a series of apartment buildings
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    Permission granted by Legacy Partners
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    DEALS + STARTS

    Construction begins on new Legacy property near Seattle

    Legacy at University Place marks the developer’s first move into Washington’s Pierce County.

    By Nov. 5, 2024
  • An aerial view of buildings and skyscrapers in downtown Los Angeles at sunset
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    Melpomenem via Getty Images
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    LA council votes to strengthen anti-harassment laws, stop ‘renovictions’

    The move would expand the definition of tenant harassment and triple penalties for landlords in court cases.

    By Nov. 1, 2024
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    Permission granted by Zain Ventures
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    Thought Leaders: October 2024

    Executives from Cortland, Roundhouse, Astor Cos. and more talk about their latest challenges and successes.

    By Multifamily Dive Staff • Oct. 30, 2024
  • A tall apartment building with a light blue exterior.
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    Permission granted by Ray
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    The largest multifamily starts of September 2024

    Starting at $150 million, these three major developments are underway in Nashville, Phoenix and Jersey City.

    By Oct. 28, 2024
  • A series of homes at the base of a mountain,
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    Permission granted by Seneca
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    PROJECT SPOTLIGHT

    High-end Las Vegas home builder makes build-to-rent debut

    The Seneca at Southern Highlands is complete with 60% of its 50 units leased.

    By Oct. 25, 2024
  • A shift to remote work has softened the demand for office space, accelerating the need for commercial-to-residential conversions.
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    Fang Xia Nuo via Getty Images
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    Office-to-residential conversions are tough. Could dorm-style co-living be the answer?

    Microapartments with shared bathrooms and kitchens could suit service workers, retirees and young professionals and cost 25% to 35% less than converting offices to traditional apartments, Pew and Gensler researchers said.

    By Ysabelle Kempe • Oct. 23, 2024
  • A high-rise apartment building.
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    Permission granted by Core Spaces
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    Core Spaces on track to more than double its student portfolio

    The Chicago developer has a pipeline of over 43,000 beds, with 4,551 delivered so far this year.

    By Oct. 22, 2024
  • An apartment building under construction.
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    CHUNYIP WONG via Getty Images
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    Apartment completions jump 42% YOY

    September apartment starts fell 15% from a year ago, while units under construction dropped 17%.

    By Oct. 21, 2024
  • A high-rise apartment building with colorful artwork on the side.
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    Permission granted by Urby
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    PROJECT SPOTLIGHT

    Urby adds to Jersey City’s growth spurt in Journal Square with 25-story tower

    The 317-unit Journal Square Urby is the developer’s second project in the city, now open for leasing and move-ins.

    By Oct. 21, 2024
  • White, high-rise apartment with palm trees and cars in the foreground.
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    Permission granted by The Astor Companies
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    Q&A

    The challenges of building workforce housing

    Astor Cos. CEO Henry Torres is using the Live Local Act to add attainable rentals to his portfolio of luxury properties.

    By Oct. 21, 2024
  • New, multi-colored, four-story apartment property, with a street in the foreground.
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    Permission granted by Forum Investment Group
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    Forum joins the preferred equity club

    The apartment owner recently closed a $226 million investment vehicle specializing in multifamily private credit.

    By Oct. 16, 2024
  • Photo looking up at a high rise building
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    Retrieved from Screenshot: Google Maps.
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    Bank reportedly forecloses on Chasen’s office conversion in Baltimore

    The developer planned to turn the historic One Calvert Plaza into 173 apartments.

    By Oct. 15, 2024
  • A rendering of an apartment building.
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    Permission granted by Gensler
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    DEALS + STARTS

    Campus Apartments, Mosaic partner on $149M grad student housing

    The 741-bed development at the University of Maryland is the first part of a three-phase project funded through tax-exempt bonds.

    By Oct. 10, 2024
  • A collapsed tower crane lays across a dark road
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    Spencer Platt via Getty Images
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    Crane at St. Petersburg condo site collapses during hurricane

    The crane fell from the jobsite of 400 Central, a 46-story tower that will reportedly be the tallest residential building on Florida’s Gulf Coast when complete.

    By Oct. 10, 2024
  • Photo looking up at a high rise building
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    Retrieved from Screenshot: Google Maps.
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    Bank forecloses on Chasen’s office conversion in Baltimore

    The developer planned to turn the historic One Calvert Plaza into 173 apartments.

    By Oct. 9, 2024
  • A rendering of a college campus with two low-rise housing buildings on either side.
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    Permission granted by Greystar
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    DEALS + STARTS

    Greystar joins forces with Merrimack College on 540 student housing beds

    The public-private partnership aims to expand the Massachusetts college’s ability to house students on campus.

    By Oct. 4, 2024
  • A rendering of a low brick building with a sign that says "240 Broadway".
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    Courtesy of New York City Housing Authority
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    The largest multifamily starts of August 2024

    Major projects include an affordable renovation in New York City and a racetrack redevelopment in Michigan.

    By Oct. 4, 2024
  • A low-rise apartment building.
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    Permission granted by Roundhouse
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    Q&A

    Roundhouse bullish on continued growth after 1,500-unit expansion

    The Boise, Idaho, developer has made $300 million in acquisitions and $150 million in new groundbreakings this year.

    By Oct. 3, 2024
  • A low-rise brick building.
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    Permission granted by WinnCompanies
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    PROJECT SPOTLIGHT

    WinnCompanies opens all-electric property at former Massachusetts mill

    The $39 million redevelopment is expected to use 46% less energy and emit 33% fewer greenhouse gases than a traditional structure.

    By Oct. 1, 2024
  • A rendering of two modern apartment buildings in Las Vegas
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    Permission granted by Southern Land Co.
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    Apartment tower rises in downtown Las Vegas

    T.B. Penick & Sons topped off Sin City’s first all-for-rent apartment tower this month.

    By Sept. 27, 2024
  • Construction framing of wood building.
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    ribeirorocha via Getty Images
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    NAHB: Apartment completion time flat in 2023

    The construction cycle rose 3.5 days in 2023 after jumping 2.3 months in 2022.

    By Sept. 23, 2024
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    Permission granted by PearlX
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    Sponsored by PearlX

    From costly amenity to revenue asset: Boosting multifamily budgets with energy

    Solar amenities can increase multifamily property value with no upfront costs to developers with PearlX.

    Sept. 23, 2024
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    ictor via Getty Images
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    Apartment starts drop 6% YOY

    In a sign that supply is burning off, completions in August jumped 80%, while projects under construction fell 15%.

    By Sept. 19, 2024