Development: Page 4

  • 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
  • A mid-rise apartment building.
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    Permission granted by AVE
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    PROJECT SPOTLIGHT

    Korman Communities equips new Bay Area project for outdoor adventure

    AVE Santa Clara will offer complimentary access to bikes, kayaks, camping equipment and other shared gear.

    By • Updated Nov. 25, 2024
  • A rendering of a mid-rise apartment building.
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    Donaldson + Partners

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    DEALS + STARTS

    Jamison starts tenth office conversion in LA’s Koreatown

    3325 Wilshire Boulevard will add 236 units to one of the city’s densest neighborhoods, according to the developer.

    By • Nov. 21, 2024
  • A community of low-rise townhomes.
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    Permission granted by AvalonBay Communities, Inc.
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    AvalonBay expands build-to-rent operations, plans future acquisitions

    The company expects to find opportunities in its Texas, North Carolina and Colorado markets.

    By • Nov. 19, 2024
  • Aerial view of a home
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    Permission granted by PearlX
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    Sponsored by PearlX

    How multifamily owners can harness the power of non-dilutive equity

    Discover how PearlX helps multifamily developers access non-dilutive equity and future-proof properties.

    Nov. 18, 2024
  • Aerial view of the new computer chip factory that's being built by The Taiwan Semiconductor Manufacturing Company in Arizona on the North side of Phoenix.
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    Skyhobo via Getty Images
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    Nearly 9K units planned near Taiwan Semiconductor campus in Phoenix

    The 2,300-acre Halo Vista site will also include office, retail and industrial development estimated to be worth a total of $7 billion.

    By • Nov. 14, 2024
  • 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
  • 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
  • headshot of Zain Jaffer
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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