Development: Page 4

  • A 2D rendering of a mid-rise apartment building.
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    Permission granted by Crescent Communities
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    DEALS + STARTS

    Crescent aims to foster curiosity at new NC development

    Novel UHill in Raleigh will offer a makerspace, play areas and mural installations across the property.

    By • Jan. 30, 2025
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    xphotoz via Getty Images
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    Apartment industry trends to follow in 2025

    Rising capital costs, surging deliveries, new White House policies and uncertain interest rates are top of mind for multifamily pros this year.

    By Multifamily Dive Staff • Jan. 30, 2025
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    Google Maps

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    Salt Lake City builder sues developer for $3.1M for alleged unpaid work

    Rimrock Construction has filed a lien on Cottonwood Broadway and seeks the property’s foreclosure and sale.

    By • Jan. 29, 2025
  • A rendering of an apartment property.
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    Permission granted by Canyon Partners
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    DEALS + STARTS

    Investors plan 560 units near Phoenix semiconductor campus

    Inspire Sonoran Desert was announced recently, joining many other new developments in the North Valley.

    By • Jan. 23, 2025
  • New complex of apartment buildings under construction
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    ewg3D via Getty Images
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    Starts jump 59% in December

    Overall, 1.4 million housing units broke ground in 2024, a 3.9% decline from the year before.

    By • Jan. 22, 2025
  • An apartment building under construction.
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    CHUNYIP WONG via Getty Images
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    2025 Outlook

    3 development trends to watch this year

    Starts are expected to bottom out in 2025, but well-capitalized developers see an opportunity to build with less competition on the horizon.

    By • Jan. 21, 2025
  • An overhead view of several low-rise white buildings surrounding a pool.
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    Permission granted by Altman Living
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    Altman adds second phase to existing Orlando property

    Residents of the 230 new units at Altis Grand Lake Willis will be able to access amenities at both sites, including a heated pool and recording studio.

    By • Jan. 21, 2025
  • Tall, multi-colored high rise apartments.
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    Permission granted by Harrison Street
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    Q&A

    Harrison Street remains bullish on student housing

    The sector is stable and not directly tied to the performance of the overall economy, according to head of asset management Ben Mohns.

    By • Jan. 17, 2025
  • New two-story apartment complex.
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    Permission granted by Continental Properties
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    New Funds

    Continental Properties closes $210M development vehicle

    CEO Jim Schloemer says the money will fund 14 to 16 properties totaling $1 billion in suburban locations.

    By • Jan. 14, 2025
  • A rendering of two trapezoidal buildings.
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    Permission granted by The Boundary
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    2025 Outlook

    7 mixed-use projects to watch in 2025

    Large-scale developments worth billions of dollars are underway across the country as the new year begins.

    By • Jan. 14, 2025
  • A black office chair is pushed against a conference table in meeting room.
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    skynesher via Getty Images
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    Aimco opens the door for sale or merger

    The REIT’s board of directors has decided to explore alternatives to “unlock and maximize shareholder value.”

    By • Jan. 13, 2025
  • An apartment building with an asymmetrical facade.
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    Permission granted by AO
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    Firm brings design panache to its modular projects

    Architecture firm AO has over 11,000 units in its pipeline, many of them affordable projects in California.

    By • Jan. 13, 2025
  • Construction framing of wood building.
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    ribeirorocha via Getty Images
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    2025 Outlook

    3 reasons deal flow will increase in 2025

    With capital waiting and new assets hitting the market, transactions should get a boost this year.

    By • Jan. 13, 2025
  • Six-story brown and grey apartment building with cars and street in the foreground.
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    Permission granted by Greystar Real Estate Partners
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    Greystar report notes what renters really want

    Walk-in closets, natural light and fresh air ventilation were the biggest non-negotiables in Greystar’s recent amenity survey.

    By • Jan. 8, 2025
  • Orange apartments leasing sign
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    Michael Vi via Getty Images
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    2025 Outlook

    2025 to be a ‘transitional year’ for supply-demand trends

    The Sun Belt markets will still feel the effects of new competition, but coastal metros will remain strong.

    By • Jan. 6, 2025
  • Crane and building under construction against blue sky
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    unkas_photo via Getty Images
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    Starts fall dramatically

    Completions rose 13.6% year over year, markedly lower than the 61% YOY increase in October, while permits jumped.

    By • Jan. 2, 2025
  • A building under construction rises on a street corner.
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    Courtesy of Turner Construction
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    Turner tops out $345M California mixed-use project

    222 North City, developed by San Diego-based Sea Breeze Properties, will create 460 residential units across two 12-story towers.

    By Joe Bousquin • Dec. 16, 2024
  • A mid-rise apartment building with a red exterior.
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    Permission granted by Optima
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    DEALS + STARTS

    Optima plans to double unit count on Chicago’s North Shore

    Optima Lumina will be the developer’s second mixed-use project in Wilmette, Illinois, located next door to the first.

    By • Dec. 13, 2024
  • A streetscape surrounded by buildings.
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    Courtesy of City of Louisville
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    Sports developer pitches $250M project next to Louisville’s Slugger Field

    The Louisville Sports Entertainment District would include rental units, a hotel, shops and a new field entrance.

    By • Dec. 12, 2024
  • A rooftop pool deck with lounge chairs.
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    Permission granted by Portland Residential
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    PROJECT SPOTLIGHT

    Portman links apartments with office tower in Charlotte’s South End

    Pre-leasing has begun at the 370-unit Linea tower, situated along a future light rail stop.

    By • Dec. 12, 2024
  • 19-story urban, concrete building.
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    Permission granted by TF Cornerstone
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    Dune, TF Cornerstone create $1B conversion venture

    The firms formed Alta Residential, which will convert office buildings to residential uses in cities with high barriers to entry.

    By • Dec. 9, 2024
  • A rendering of several red brick apartments. One of them has a mural of several people on the side.
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    Courtesy of New York City Housing Authority
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    The largest multifamily starts of October 2024

    Groundbreakings include a renovation in New York City and a mixed-use development in Washington, D.C.

    By • Dec. 9, 2024
  • A construction site nestled within trees.
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    Permission granted by Parkland Residential
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    DEALS + STARTS

    Parkland starts 124 rental townhomes near Georgia movie studio

    Morgan Park in Fayetteville is expected to go vertical next summer.

    By • Dec. 5, 2024
  • Brick, garden-style apartments
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    Permission granted by Eastham Capital
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    Deals + Starts: November 2024

    Firms including Greystar, Mosaic and Archway made news in recent months.

    By Multifamily Dive Staff • Nov. 26, 2024
  • Multifamily residential building under construction
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    Sundry Photography via Getty Images
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    Apartment completions jump 61% YOY

    Starts dropped 12% year over year as new multifamily development continues to cool.

    By • Nov. 25, 2024