Development: Page 6

  • A view of blue toned high-rise buildings in New York City's Wall Street financial district.
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    Milenny via Getty Images
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    REIT Report

    3 things to know from Camden’s earnings call

    The Texas-based REIT still faces heavy supply in many markets, though demand remains strong.

    By • Aug. 21, 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

    Bad debt not enough to weigh AVB down

    The Virginia-based REIT outperformed again in Q2 with an increase in same-store and development NOI.

    By • Aug. 20, 2024
  • A data processing and storage center.
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    Andrey Semenov via Getty Images
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    Greystar expands into infrastructure development

    The nation’s largest multifamily owner is extending its reach into new sectors including transportation, power and data centers.

    By • Aug. 19, 2024
  • The Colorado Capitol building.
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    4nadia via Getty Images
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    Colorado sees a wave of landlord-tenant rules

    Property owners have new laws to follow, including those focused on for-cause evictions, price stabilization in disasters and right of first refusal.

    By • Aug. 16, 2024
  • Aerial view of ew, modern white and black, eight-story apartment building.
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    Permission granted by ZOM LIving
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    Q&A

    ZOM aims to diversify into senior housing

    CEO Greg West sees strong demographic growth in the sector, but he also thinks there is an emerging window in market-rate apartments.

    By • Aug. 16, 2024
  • Aerial shot of skyscrapers and city buildings surrounded by water
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    Eloi_Omella via Getty Images
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    The cities expecting the most apartment deliveries this year

    Over 518,000 new units are expected to come online nationwide by the end of 2024.

    By • Aug. 16, 2024
  • California state flag and state capitol building in Sacramento
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    DustyPixel via Getty Images
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    23 mayors oppose California’s rent control ballot measure

    Proposition 33 would repeal the Costa-Hawkins Rental Housing Act, allowing local governments to set rent control without restrictions.

    By • Aug. 15, 2024
  • An overhead rendering of several white buildings in a forest landscape.
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    Permission granted by Kushner Cos.
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    DEALS + STARTS

    Kushner expands in New Jersey with 360 new units underway

    Livana Colts Neck is the third property in the developer’s new aspirational apartment brand.

    By • Aug. 14, 2024
  • An empty Wall Street subway station
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    art2002 via Getty Images
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    REIT Report

    MAA in the ‘worst of the storm’ with new supply

    The REIT plans to get more aggressive on the development and acquisition fronts as it sees better days ahead in 2025 and beyond.

    By • Aug. 14, 2024
  • An overhead view of a set of buildings arranged in a square.
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    Permission granted by Greystar
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    PROJECT SPOTLIGHT

    Greystar’s largest-ever project opens its doors in SoCal

    The $650 million Row at Red Hill includes 1,100 units and 40,000 square feet of commercial space on 14.5 acres.

    By • Aug. 12, 2024
  • A rendering of an apartment property.
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    Permission granted by The Bainbridge Cos.
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    PROJECT SPOTLIGHT

    Bainbridge Cos. opens 2 new properties in Orlando

    Bainbridge The Grand and Bainbridge World Center add over 730 new units near the city’s major attractions.

    By • Aug. 9, 2024
  • A rendering of a tall building on a waterfront.
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    Courtesy of Bentley
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    The largest multifamily starts of June 2024

    New apartment activity rose 23% during the month, despite some slowdown over the past year.

    By • Updated Aug. 7, 2024
  • A long apartment building with two murals depicting a bird and a flower.
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    Permission granted by Andrew Nam
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    PROJECT SPOTLIGHT

    New Seattle property features rooftop park, expansive murals

    J.G. Whittier’s design is inspired by the geology and climate of eastern Washington, according to its architect.

    By • Aug. 1, 2024
  • A rendering of a streetscape with a tall white building on the left.
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    FCA Architects, courtesy cityofsacramento.gov

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    Former Sacramento Kings stadium site slated for 2,500 homes

    The 183-acre Innovation Park master-plan will also include a teaching hospital and a new public school.

    By • July 31, 2024
  • A white stone apartment balcony.
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    Flats LLC

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    PROJECT SPOTLIGHT

    Chicago developer opens $75M community in San Diego

    The Nash is CedarSt’s first Southern California property and the next step in its West Coast expansion strategy.

    By • July 26, 2024
  • An apartment lobby from the exterior.
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    Courtesy of Moris Moreno
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    Wood Partners no longer pursuing West Coast opportunities

    The country's No. 4 developer is committed to completing its current projects in these markets, according to CEO Joe Keough.

    By • July 25, 2024
  • The Residences at St. Regis Longboat Key is slated to open in a month.
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    Permission granted by Marriott International
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    Marriott aims to build loyalty with branded residential growth

    The hotel giant has launched an owner recognition program as its branded residential portfolio and pipeline see significant expansion.

    By Jenna Graber • July 23, 2024
  • Picture of new light-colored apartments with a highway and water in the background.
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    Permission granted by Woodfield Development
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    Q&A

    Why Woodfield thinks now is a good time to get shovels in the ground

    The developer sees an opportunity to open new projects in an advantageous market in 2026, according to partner Greg Bonifield.

    By • July 23, 2024
  • An apartment building set against a city skyline.
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    Permission granted by Grand Peaks
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    Grand Peaks to provide rent-free apartments for teachers

    The $270 million Skyline at Highlands is Colorado’s largest multifamily project since 2002.

    By • July 22, 2024
  • Exterior view of multifamily residential building under construction.
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    Sundry Photography via Getty Images
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    Starts increase compared to May

    However, completions jumped as new supply continues to represent a near-term threat.

    By • July 22, 2024
  • A blue and white mid-rise apartment building.
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    Permission granted by Wingspan Development Group
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    PROJECT SPOTLIGHT

    Apartments near University of Tampa feature space-saving furniture

    Niche is 75% leased in the first 100 days since move-ins began.

    By • July 18, 2024
  • An elevated shot of a street lined with high-rise buildings. One person walks across a crosswalk.
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    John Moore/Getty Images via Getty Images
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    Seattle encourages office-to-residential conversions with new law

    The city's mayor said Seattle needs to take advantage of every tool available to fend off a housing shortage as downtown buildings sit empty.

    By Ysabelle Kempe • July 17, 2024
  • A rendering of a mid-rise apartment building.
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    Permission granted by Bolour
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    DEALS + STARTS

    Bolour secures entitlements for development near Dodger Stadium

    The 86-unit project will be located on Sunset Boulevard in Los Angeles.

    By • July 11, 2024
  • Picture of a pool at an apartment property
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    Permission granted by Mill Creek
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    DEALS + STARTS

    Inside Mill Creek’s evolution to a full-service investment management firm

    Although the Florida-based developer made its name in new construction, value-add purchases and structured products will represent a larger part of the business going forward.

    By • July 8, 2024
  • A person in a blue shirt and black pants and shoes wears a surgical face mask and walks past a window. In the window, a sign reads "Retail for Lease."
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    Justin Sullivan/Getty Images via Getty Images
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    5 US cities prime for office-to-residential conversions

    An Urban Institute analysis names the cities that could benefit most from adaptive reuse projects based on office real estate markets and housing supply needs.

    By Ysabelle Kempe • July 2, 2024