Development

  • Suffolk projec team works on the Silver Corridor portion of the project
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    Permission granted by Suffolk
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    On site: Checking in at the Waldorf Astoria’s $2B renovation

    The New York City hotel is undergoing an upgrade aimed at converting part of the building into luxury condominiums.

    By Sebastian Obando • June 26, 2025
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    Permission granted by Stout Management
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    Apartment leaders speak out: June 2025

    Executives from Valiant, Stout Management, Middleburg Communities and more talk about their latest challenges and successes.

    By Multifamily Dive Staff • June 26, 2025
  • Four-story modern apartments with streets on either side.
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    Permission granted by PEG
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    Q&A

    Utah-based firm mixes hospitality with multifamily

    PEG sees both apartment residents and hotel guests demand a higher level of service.

    By • June 24, 2025
  • Horizontal shot of a wood-framed apartment complex under construction.
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    WendellandCarolyn via Getty Images
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    NAHB: Multifamily construction migrates to less populous areas

    There isn’t just one catalyst behind the trend, experts told Multifamily Dive.

    By • June 24, 2025
  • Crane and building under construction against blue sky
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    unkas_photo via Getty Images
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    Multifamily starts rise 5% YOY for buildings with 5 or more units

    Although debt is available for apartment developers, equity investors are very selective about the projects they choose to back.

    By • June 20, 2025
  • An apartment building with solar panels on the roof.
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    Permission granted by CCBG Architects
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    PROJECT SPOTLIGHT

    Habitat Metro completes $20M eco-conscious apartments in Phoenix

    Eco Phoenix, an Opportunity Zone property, offers solar power, greywater recycling and a car-share program.

    By • June 20, 2025
  • The Department of Housing and Urban Development
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    helen89 via Getty Images
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    Funding upheaval leaves GRRP recipients in limbo

    While HUD’s Green and Resilient Retrofit Program gave out almost 270 awards, only 20 projects received funding before it was halted, according to an attorney.

    By • June 16, 2025
  • Light colored mid-rise apartments surrounding a pool.
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    Permission granted by Middleburg Communities
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    Q&A

    Apartment developer sees muted impact from tariffs so far

    Chris Finlay of Middleburg Communities says his firm’s exposure to the new levies is around 3%, with costs moving less than 1% on one project.

    By • June 10, 2025
  • A bedroom with a wall bed, chair and shelves above the bed.
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    Wirestock via Getty Images
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    Tiny apartments a big deal in many US cities

    In Seattle and Boston, over half of the new units underway measure less than 441 square feet.

    By • June 10, 2025
  • A rendering of a mid-rise apartment building.
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    Retrieved from Air Albany on June 06, 2025
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    Developer sues architect for alleged design issues at stalled New York apartments

    The plaintiff said in court documents that the $38 million property is a fire hazard and does not meet code requirements.

    By • June 9, 2025
  • a row of brown townhouses
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    Don Wu via Getty Images
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    Investors warming up to build-to-rent

    New construction activity remains strong and the sector has room to grow, according to panelists at a recent webinar.

    By • Updated June 10, 2025
  • Scaffolding around apartment construction site
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    csfotoimages via Getty Images
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    Apartment developers gear up for tariffs

    Firms are dusting off their playbooks from the first Trump administration, which recommend ordering parts early and sourcing from different companies.

    By • June 4, 2025
  • A white and brown building.
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    Courtesy of Mesa Capital Group
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    DEALS + STARTS

    Mesa Capital Partners breaks ground in Tallahassee, Florida

    The 256-unit Bradbury at Bannerman Village will include both garden-style and carriage home units.

    By • June 3, 2025
  • A rendering of a mid-rise apartment building.
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    Permission granted by Gateway Jax
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    Top multifamily groundbreakings, deals and sales: May 2025

    Companies including Altus, Dominium and RADCO made news in recent weeks.

    By Multifamily Dive Staff • May 29, 2025
  • Aerial view of rooftops in a suburban neighborhood. A street curves through the houses.
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    Haizhan Zheng via Getty Images
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    The top 10 home builders of 2025

    SH Residential Holdings moved from No. 20 to No. 6 this year following its acquisition of M.D.C. Holdings.

    By • May 27, 2025
  • An outdoor lounge area with couches.
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    Courtesy of MG Properties
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    5 of the largest apartment transactions of Q1

    Properties on both coasts sold for over $180 million, according to RealPage.

    By • May 27, 2025
  • A low building flanked on both sides by taller buildings.
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    Permission granted by McGrath Real Estate Partners
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    PROJECT SPOTLIGHT

    New Houston apartments include an on-site event venue

    The Artistry Design District is located near the Houston Design Center showrooms, as well as employers in the Energy Corridor.

    By • May 21, 2025
  • A wood-frame apartment building under construction.
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    jmsilva via Getty Images
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    Starts jump nearly 30% YOY for buildings with 5 or more units

    With tariffs looming, permits for those apartments rose slightly, while deliveries and properties under construction fell year over year.

    By • May 20, 2025
  • A rendering of a mid-rise apartment building.
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    Permission granted by Gateway Jax
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    DEALS + STARTS

    Gateway Jax starts second apartment project in $750M mixed-use district

    425 Beaver Street will add 286 units to Pearl Square, a nine-block section of downtown Jacksonville, Florida. 

    By • May 20, 2025
  • Construction workers work on a shopping center amid scaffolding.
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    Scott Barbour via Getty Images
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    Construction costs dip, but tariffs hike some materials’ prices

    Inputs declined overall in April due to falling energy prices, but steel and copper rose significantly while nonresidential costs continued their upward march.

    By Julie Strupp • May 19, 2025
  • 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

    AvalonBay braces for signs of trouble in DC rental market

    CEO Ben Schall also said the softness in the REIT’s expansion markets could provide opportunities to add assets.

    By • May 19, 2025
  • An aerial rendering of two semicircular buildings.
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    The Boundary

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    PROJECT SPOTLIGHT

    Lendlease puts finishing touches on $316M LA apartments

    The Habitat Residences is one of the developer’s last two multifamily projects underway in the U.S.

    By • May 15, 2025
  • An overhead rendering of a streetscape and homes.
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    Permission granted by Dominium
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    DEALS + STARTS

    Fast-growing Dominium preps its first affordable BTR townhomes

    Saddleback Village at Stonegate, breaking ground soon in Maricopa, Arizona, will serve residents making 60% or less of the area median income.

    By • May 9, 2025
  • A garden-style apartment building with white siding.
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    Permission granted by EDI International
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    DEALS + STARTS

    Parkspring plans 372 garden-style units in Waco, Texas

    Commons at Cottonwood Creek is set to take advantage of the city’s rapid population and job growth, according to the developer.

    By • May 5, 2025
  • the exterior of a large luxury apartment building
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    Permission granted by Related California/Steven Magner
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    PROJECT SPOTLIGHT

    Related California opens Silicon Valley apartments as return-to-office ramps up

    Adjacent to Levi’s Stadium, The Clara features 508 units ranging from studios to three-bedrooms and penthouses.

    By • May 2, 2025