Development: Page 25
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Multifamily construction starts fall 3%
As recession fears spread, the construction industry logged a slowdown in commercial, manufacturing and institutional activity last month, while architects’ billings grew at a slower pace.
By Joe Bousquin • July 21, 2022 -
Continental Realty Corp. closes $146M private equity fund
The money will help the Baltimore-based real estate investment and management company target acquisitions in the Southeast.
By Jennifer Goodman • July 21, 2022 -
Sponsored by Leverage.com
Is Class A multifamily a good investment?
Tenants with more money can pay more rent, but is the investment really that simple?
July 18, 2022 -
DEALS + STARTS
Wood Partners breaks ground on 2 mid-rise properties
Alta on the Row in Worcester, Massachusetts, and Alta North in Cumming, Georgia, will open in late 2023.
By Mary Salmonsen • July 14, 2022 -
Build-to-rent firm AHV to open Dallas community
As rising interest rates price many home buyers out of the for-sale market, AHV Communities is opening a new neighborhood of for-rent single-family homes.
By Jennifer Goodman • July 11, 2022 -
Multifamily starts plummet in May
Interest rate concerns mount with contractors as the backlog of apartment units that have not yet started hits 30%.
By Leslie Shaver • July 8, 2022 -
Thought Leaders: June 2022
This month executives from Camden, Village Green, CHA Partners and more talk about their latest challenges and successes.
By Leslie Shaver • June 30, 2022 -
The top colleges for student housing starts
Just 26,000 new beds will be delivered this fall — a significant pullback from delivery rates through the 2010s.
By Mary Salmonsen • June 17, 2022 -
DEALS + STARTS
Luxury condos underway in the Las Vegas Valley
The Pinnacle Residences in Henderson, Nevada, will be the first new residential high-rise towers to hit the market since the Great Recession.
By Mary Salmonsen • June 16, 2022 -
Report: Regulations account for 40% of development costs
NIMBY opposition, a major driver of costs, adds an average of 5.6% to projects and delays them by an average of 7.4 months.
By Leslie Shaver • June 16, 2022 -
Housing activists work to move the needle on affordability
In communities across the country, local groups aim to shed light on the housing crisis while fighting against the NIMBY movement.
By Robyn Griggs Lawrence • June 15, 2022 -
YIMBY: The making of a movement
Yes, In My Backyard groups have formed in communities across the country to fight zoning and development practices that make housing less affordable.
By Robyn Griggs Lawrence • June 13, 2022 -
Meet the YIMBYs
Housing advocates are changing the affordability conversation by standing up for denser development.
By Robyn Griggs Lawrence • June 13, 2022 -
Developers, contractors go to great lengths to secure materials, appliances
By buying early and taking other steps, contractors can have an apartment ready for move-in — despite the obstacles that logistics woes throw at them.
By Leslie Shaver • June 6, 2022 -
Q&A
NJ developer relies on communication, planning to fight cost increases
Rising interest rates add another complication to underwriting development.
By Leslie Shaver • June 2, 2022 -
Natural gas legislation: What multifamily developers, owners need to know
While a growing number of local governments ban natural gas hookups, over a dozen states have moved to prevent this type of legislation.
By Jen A. Miller • June 1, 2022 -
The 'time-honored tradition' of opposing affordable multifamily housing in US cities
Shawnee, Kansas, city councilors recently passed a rule banning co-living groups. Similar policies are perpetuating the country's affordability crisis, housing experts say.
By Danielle McLean • June 1, 2022 -
Surfside condo site sells for $120M
Experts say the developer of the 2-acre property will need to consider a range of issues before starting work on a planned luxury residential tower.
By Robyn Griggs Lawrence • May 24, 2022 -
Q&A
Do rent-to-income ratios need to be rethought?
One developer says increased interest rates and construction costs will make renting more expensive.
By Leslie Shaver • May 24, 2022 -
Vietnam-based contractor enters US, Canadian markets with lofty goals
With plans to soon open an office in Texas, Hoa Binh Construction said it will focus on building multifamily and hotel properties.
By Zachary Phillips • May 23, 2022 -
Q&A
Northland zeros in on the Atlanta market
While the Atlanta metro appeals to the Top 50 owner, it doesn’t think the risk is worth the reward in some other high-profile markets.
By Leslie Shaver • May 23, 2022 -
BTR platform AHV Communities makes additions to its leadership team
AHV brings on four new executives as it aims to build from coast to coast.
By Leslie Shaver • May 23, 2022 -
DEALS + STARTS
Mill Creek expands single-family rental brand into North Texas
Amavi Celina in Celina will be the Florida company’s second SFR community, with first move-ins planned for fall 2023.
By Mary Salmonsen • May 20, 2022 -
Supply chain backups postpone apartment openings
Without properties to show, managers rely on communication and technology to pre-lease units and soothe resident anxiety.
By Leslie Shaver • May 18, 2022 -
Biden releases affordable housing plan
The proposal includes federal grants to encourage cities to relax their zoning policies and new financing options for manufactured homes, accessory dwelling units and small-scale developments.
By Danielle McLean • May 16, 2022