Development: Page 2
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Nashville college opens shipping container dorm
The $4 million project at Fisk University will help house students while a new residence hall is under construction.
By Mary Salmonsen • Updated Aug. 23, 2023 -
REIT Report
Revenue growth boosts AvalonBay
As market conditions slow, the Virginia-based REIT sees an opportunity to pick up land in its expansion metros.
By Leslie Shaver • Aug. 16, 2023 -
DEALS + STARTS
Toll Brothers breaks ground on opportunity zone project in Phoenix
Henri will be located next to the Roosevelt Row arts and culture district.
By Mary Salmonsen • Aug. 16, 2023 -
Opinion
Despite a sobering Q2, the future looks bright for owners, developers
As the second half of the year gets underway, the multifamily sector will remain strong despite several sizable headwinds, writes fund management expert Marshall Boyd.
By Marshall Boyd • Aug. 15, 2023 -
Q&A
How Eastwind is navigating Florida’s difficult development market
New legislation combined with interest rate hikes and rising material costs make penciling out new deals difficult, Florida developer says.
By Leslie Shaver • Aug. 15, 2023 -
Retrieved from Lendlease on August 15, 2023
Lendlease pauses $1.2B San Francisco condo tower
The Australia-based developer and contractor confirmed the news on Monday, about a month after it laid off 10% of its global staff.
By Zachary Phillips • Aug. 15, 2023 -
REIT Report
Essex raises rent guidance as tech layoff fears subside
The REIT saw sluggishness in Seattle while Southern California thrived.
By Leslie Shaver • Aug. 14, 2023 -
Report: Passive House nears cost parity with traditional construction
The number of Passive-built multifamily projects has surged since 2018, owing to energy savings and climate and health benefits, according to a new report.
By Mary Salmonsen • Aug. 10, 2023 -
JLL rolls out proprietary AI model
The firm’s technology division developed the tool specifically for the commercial real estate industry and is looking to offer it to clients in the future.
By Lindsey Wilkinson • Aug. 10, 2023 -
REIT Report
EQR reports supply pressure in some cities, strong results in others
Though the Chicago-based REIT made a couple of purchases in Q2, it sees a slow transaction market overall.
By Leslie Shaver • Aug. 9, 2023 -
DEALS + STARTS
Manhattan office tower purchased for $172.5M for apartment conversion
Silverstein Properties, Metro Loft Management and CetraRuddy will redesign 55 Broad Street into 571 apartments.
By Mary Salmonsen • Aug. 9, 2023 -
Adaptive reuse pipeline rises to 122,000 units under construction
Despite strong incoming supply, completions in the sector have fallen since 2020.
By Mary Salmonsen • Aug. 8, 2023 -
Q&A
Bringing in contractors from other cities helps St. Louis developer continue to build
Subtext is slated to close on 1,000 units by relying on existing lender relationships.
By Leslie Shaver • Aug. 8, 2023 -
PROJECT SPOTLIGHT
Clark tops out first of 3 towers at Washington, DC, apartment project
The Bethesda, Maryland-based contractor has finished concrete work on the $643 million first phase of The Stacks in the city’s Buzzard Point neighborhood.
By Zachary Phillips • Aug. 8, 2023 -
REIT Report
Coastal markets show strength in UDR’s busy Q2
As more than 20% of its sites use staff-less technology, the REIT continues to focus on customer experience.
By Leslie Shaver • Aug. 7, 2023 -
PROJECT SPOTLIGHT
New apartments open at former IBM headquarters site in New York
The Halden in White Plains, New York, is part of the office complex’s mixed-use redevelopment.
By Mary Salmonsen • Aug. 7, 2023 -
Deep Dive
HUD grant focuses on commercial building conversions
The authority seeks to fund case studies of recent conversion projects to provide practical commercial conversion guidance to operators and local agencies.
By Nish Amarnath • Aug. 7, 2023 -
Q&A
How the largest market-rate multifamily Passive house high-rise got built
Alexander Development Group overcame legal challenges and COVID-19 to build 42 Broad in five years.
By Leslie Shaver • Aug. 3, 2023 -
Q&A
How to safely store e-bikes, e-scooters in apartments
Defects in lithium-ion batteries or charging systems for e-bikes and e-scooters can cause a thermal runaway in the battery system, posing a fire risk.
By Mary Salmonsen • Aug. 2, 2023 -
PROJECT SPOTLIGHT
Texas Rangers’ apartment project open for early leasing
One Rangers Way is near multiple sports venues in Arlington, Texas, including the baseball team’s home base at Globe Life Field.
By Mary Salmonsen • Updated Aug. 8, 2023 -
RMR Group to acquire Carroll for $80M
With the all-cash purchase, asset manager RMR enters the only major commercial real estate sector in which it did not already have a significant presence.
By Jennifer Goodman , Leslie Shaver • July 31, 2023 -
DEALS + STARTS
Miami mixed-use development draws inspiration from local architecture, street art
Wynhouse Miami, located in the Wynwood neighborhood, is developer Fisher Bros.’ first Florida project.
By Mary Salmonsen • July 31, 2023 -
stock.adobe.com/Konstantin L
Sponsored by ICASTIt’s raining funds – the multifamily sector needs to make sure it gets watered
The business case for clean energy upgrades is the best it’s ever been.
July 31, 2023 -
Apartment starts fall 11.2% YOY
Permits fell 33%, while completions of five or more units also declined in June.
By Leslie Shaver • July 28, 2023 -
Thought Leaders: July 2023
Executives from Mahaffey Apartment Co., Fogelman, RADCO and more talk about their latest challenges and successes.
By Multifamily Dive Staff • July 27, 2023