Development

  • A professional headshot of Caitlin Gossens.
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    Permission granted by Standard Communities
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    Apartment leaders speak out: July 2025

    Executives from American Landmark, Thompson Thrift, Standard Communities and more talk about their latest challenges and successes.

    By Multifamily Dive Staff • July 24, 2025
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    jamesteohart via Getty Images
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    NAHB: Multifamily completions hit 38-year high

    The South accounted for 48% of deliveries in 2024, followed by the West at 27%.

    By • July 23, 2025
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    Arturo Rosenow via Getty Images
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    Trendline

    Top 5 stories from Multifamily Dive

    A roundup of some of Multifamily Dive’s top stories of 2024.

    By Multifamily Dive staff
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    Permission granted by Core Spaces
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    DEALS + STARTS

    Core Spaces breaks ground on waterfront student property near Clemson University

    Expected to open in 2027, the development will be located along the Keowee Trail in Clemson, South Carolina.

    By • July 23, 2025
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    Maudib via Getty Images
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    Multifamily starts spike for 5-plus units in June

    Completions for apartments continued to fall, dropping nearly 40% YOY.

    By • July 22, 2025
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    Permission granted by Greystar
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    DEALS + STARTS

    Greystar partners with University of Mississippi on modular dorm

    The public-private partnership will add 2,700 student beds across two residence halls, both expected to open by 2027.

    By • July 21, 2025
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    Permission granted by Carter
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    Carter sells controlling interest to Hunt Cos.

    CEO Scott Taylor told Multifamily Dive that the Atlanta-based multifamily and mixed-use developer will use the capital to fuel growth.

    By • July 21, 2025
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    Courtesy of Thompson Thrift
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    Q&A

    Thompson Thrift exec returns to lead multifamily development team

    Bo Chapman talks about the firm's future development plans and how it implements technology in its operations.

    By • July 18, 2025
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    Permission granted by CRG
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    DEALS + STARTS

    625 student beds underway in high-demand University of Michigan market

    Chapter Ann Arbor, developed by CRG and Shapack Partners, will be located within one block of campus.

    By • July 16, 2025
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    Permission granted by BLDG Ventures
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    Q&A

    Multifamily developer overcomes South Florida’s challenges

    Rene Bello encounters hurdles with labor, insurance and interest rates when trying to pencil out new projects.

    By • July 15, 2025
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    Permission granted by ZOM Living
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    PROJECT SPOTLIGHT

    ZOM Living adds 359 units near Austin, Texas, tech giants

    Azola Avery Centre, located in the Avery Centre master-planned community in Round Rock, Texas, includes built-in work-from-home space and private yards in select units.

    By • July 14, 2025
  • A computer rendering of a large building that overooks water.
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    Courtesy of Republic Properties Corp.
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    Balfour Beatty breaks ground on $260M DC apartment building

    The property, which is part of a public-private partnership with the District of Columbia, will contain 356 market-rate residences.

    By Matthew Thibault • July 11, 2025
  • A rendering of an apartment building over a bookstore.
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    Permission granted by Moody Nolan
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    Q&A

    How big-box retail projects can help support affordable housing

    Architect Yanitza Brongers-Marrero looks to an upcoming Costco-anchored mixed-use project in Los Angeles as a model for financing and public benefit.

    By • July 10, 2025
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    Permission granted by Clarion Partners
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    PROJECT SPOTLIGHT

    Leasing underway at 162-unit property near Montana State University

    Clarion Partners’ Highmark development is in a Qualified Opportunity Zone, a program that became permanent last week with the passage of the federal budget bill.

    By • July 9, 2025
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    CRobertson via Getty Images
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    The colleges with the strongest preleasing for student housing

    As schools gear up for students’ return this fall, enrollment headwinds may stand in the way of future growth, according to a new report.

    By • July 8, 2025
  • A rendering of a tall, wood-covered building looms in the foreground.
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    Courtesy of C.D. Smith / Hartshorne Plunkard Architecture
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    World’s tallest mass timber building breaks ground in Wisconsin

    Neutral Edison, a 31-story mixed-use tower in Milwaukee, will break the record set by another apartment complex in the state once complete.

    By Matthew Thibault • July 7, 2025
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    Joe Fishbein

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    PROJECT SPOTLIGHT

    Hines opens apartments in fast-growing Nashville, Tennessee, submarket

    The Rowley, anchoring a 78-acre mixed-use neighborhood in Murfreesboro, offers 17 private micro offices for residents to rent.

    By • Updated July 8, 2025
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    atiatiati via Getty Images
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    Why many new apartment developments don’t pencil out

    While tariffs are making headlines, interest rates and equity capital are also major hurdles in multifamily construction.

    By • June 27, 2025
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    Permission granted by The Stacks
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    PROJECT SPOTLIGHT

    The Stacks opens on former Washington, DC, industrial site

    The 1,100-unit apartment property, developed by Akridge and National Real Estate, is located near the city’s soccer and baseball stadiums.

    By • June 27, 2025
  • 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
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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
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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