Development: Page 2


  • A room with tables, couches, and a kitchen area.
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    Permission granted by Riaz Capital
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    PROJECT SPOTLIGHT

    Riaz Capital turns Oakland hotel into art-infused workforce housing

    The ArtHaus Jack London features murals across the exterior, including one designed by an 11-year-old artist.

    By March 27, 2024
  • A five-story residential building at night.
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    Permission granted by Ankrom Moisan
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    PROJECT SPOTLIGHT

    New California property mixes traditional elements, modern design

    Located in San Jose’s Japantown neighborhood, Sixth and Jackson aims to preserve the area’s history — and displays archaeological relics found on site. 

    By Updated March 26, 2024
  • The United States, Capitol Dome background in retro style Explore the Trendline
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    YayaErnst via Getty Images
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    Trendline

    Multifamily Legislation

    Apartment pros are keeping an eye on potential regulations such as the Choice in Affordable Housing Act, the YIMBY Act and state and local rent control measures.

    By Multifamily Dive staff
  • A lounge and bar area.
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    Permission granted by Mary Cook Associates
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    Properties serve up creative food, beverage offerings

    Concepts include drinks on tap, grab-and-go markets and bar spaces open to the public.

    By Updated March 21, 2024
  • Detroit, Michigan, USA downtown skyline from above at dusk.
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    Sean Pavone via Getty Images
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    $1.5B Detroit mixed-use project delayed

    District Detroit, developed by the Related Cos. and Olympia Development of Michigan, was initially scheduled to start construction last summer.

    By Matthew Thibault • March 20, 2024
  • Brown residential buildings with blue sky
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    Arturo Rosenow via Getty Images
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    Multifamily logs biggest jump in distress in 18 months

    The sector’s 80 bps increase was higher than any other commercial real estate segment.

    By March 18, 2024
  • A building surrounding a pool.
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    Permission granted by Venterra Realty
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    DEALS + STARTS

    Venterra Realty joins 3,200-acre master-plan near Houston

    The developer’s Camber Ridge is one of two multifamily properties at Cross Creek Ranch.

    By March 15, 2024
  • A rendering of a mid-rise apartment building.
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    Permission granted by Hartz Mountain Industries
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    PROJECT SPOTLIGHT

    Hoboken Point caters to NYC-area ‘hybrid’ professionals

    The Weehawken, New Jersey, property that will be managed by Greystar includes a 5,200-square-foot coworking center.

    By March 12, 2024
  • Light colored, detached home with sidewalk, driveway and grass in the foreground.
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    Permission granted by Shoreham Capital
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    Shoreham Capital sells SFR community near Orlando, Florida

    The developer went under contract over two years ago with a state pension fund for the 175-home community.

    By March 12, 2024
  • A lobby with a bar.
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    Permission granted by Baker Barrios Architects
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    PROJECT SPOTLIGHT

    New Florida apartment designed as a ‘neighborhood social hub’

    Society Orlando’s common areas include a 50,000-square-foot pool deck and a lobby with a public bar.

    By March 7, 2024
  • Apartment building under construction surrounded by high rises.
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    Joe Raedle via Getty Images
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    Multifamily developer confidence remains negative

    Tight lending standards and high loan costs have put pressure on the industry.

    By March 4, 2024
  • A rendering of an apartment property.
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    Permission granted by Landmark Properties
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    DEALS + STARTS

    Landmark breaks ground on 1,286 beds near University of Southern California

    The Standard at Los Angeles is the developer’s second student housing project in the city.

    By March 1, 2024
  • A high-rise condo building.
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    Permission granted by Structured Development
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    PROJECT SPOTLIGHT

    Structured Development completes multiphase project in Chicago’s Lincoln Park

    Wendelin Park encompasses three types of properties: co-living, affordable-rate for-sale condos and market-rate rentals.

    By March 1, 2024
  • Multi-colored, modern mid-rise apartments.
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    Permission granted by JPI
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    Deals + Starts: February 2024

    Fifield, Universe Holdings, Moinian Group, JPI and others were in the news this month.

    By Multifamily Dive Staff • March 1, 2024
  • Wall Street sign in the financial district of New York City.
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    JaysonPhotography via Getty Images
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    REIT Report

    MAA sees new lease pricing improve after 7% fall

    The REIT’s blended pricing rose 130 basis points in January, and the firm expects fundamentals to improve as the year plays out.

    By Feb. 26, 2024
  • Construction framing of wood building.
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    ribeirorocha via Getty Images
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    Apartment starts fall 38%

    Developers completed 538,000 units during January, a 53.7% YOY jump.

    By Feb. 22, 2024
  • A rendering of a streetscape with The Field Residences written on one of the buildings.
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    Courtesy of Riverside Investment & Development
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    5 of the largest office conversions underway across the US

    Over 55,000 residential units are in the pipeline, concentrated in major metros.

    By Feb. 21, 2024
  • A rendering of a mid-rise apartment building.
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    Permission granted by Fifield Cos.
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    DEALS + STARTS

    210 units go vertical next to future light rail stop in Miami

    Wynwood Station by Fifield Cos. will feature an industrial-style exterior inspired by its location.

    By Feb. 20, 2024
  • More than a dozen Church of God in Christ and Enterprise Community Partners representatives raise a giant check in the air to mark the launch of an affordable housing initiative.
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    Permission granted by Enterprise Community Partners
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    Faith-based institutions take on the affordable housing crisis

    “Land-rich and cash-poor” religious institutions are among those looking at how they can meet their communities’ low-income housing needs while shoring up their finances.

    By Karen Kroll • Feb. 20, 2024
  • A high-rise apartment building.
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    Permission granted by Quarterra
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    PROJECT SPOTLIGHT

    Quarterra starts leasing 224 units in Denver’s Golden Triangle

    Kindred Apartments is the 11th Denver development for Lennar’s multifamily subsidiary.

    By Feb. 20, 2024
  • New complex of apartment buildings under construction
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    ewg3D via Getty Images
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    Weak rent growth on the horizon for 2024

    The national average rent was unchanged last month as new supply dampened prices, according to Yardi Matrix.

    By Feb. 15, 2024
  • Exterior picture of upper floor of a modern, white apartment building with corner balconies
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    Permission granted by UDR
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    UDR assumes ownership of Mill Creek lease-up development in Oakland

    The REIT had provided $45.2 million in preferred equity for the 173-unit asset.

    By Feb. 15, 2024
  • A street sign marks the intersection of Wall and Broad Streets in Manhattan.
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    rabbit75_ist/iStock/Getty Images Plus via Getty Images
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    REIT Report

    Camden expects a ‘transition year’ for supply, with the highest concessions in Nashville and Austin

    Overall, the firm predicts property revenues to fall between 0.5% to 2.5%, with Southern California leading the way.

    By Feb. 14, 2024
  • City skyline with high rises.
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    f11photo via Getty Images
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    Lender forecloses on Greystar tower in Dallas

    Areeif Lender W LLC, an affiliate of Ares Commercial Real Estate, has taken control of The Gabriella.

    By Feb. 13, 2024
  • A duplex home.
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    Permission granted by RKW Residential
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    PROJECT SPOTLIGHT

    Leasing opens for 108 BTR homes in Charlotte, North Carolina

    The Zora University community is located near the University of North Carolina at Charlotte campus, plus other employment centers.

    By Updated Feb. 13, 2024
  • Low angle view of the Stock Exchange sign on the facade of the New York Stock Exchange on Wall street, Manhattan.
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    https://www.gettyimages.com/detail/photo/stock-exchange-sign-royalty-free-image/157338910?phrase=wall%20street&adppopup=true via Getty Images
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    REIT Report

    AVB generated $10M from its AvalonConnect rollout in 2023

    Like EQR, the REIT expects a slower year in 2024 with NOI growth of 1.25%.

    By Feb. 12, 2024