Development: Page 11
-
PROJECT SPOTLIGHT
New developer opens single-family rentals near Madison, Wisconsin
Heyday Sun Prairie is the first project for the Chicago-area firm.
By Mary Salmonsen • Aug. 23, 2023 -
PROJECT SPOTLIGHT
McHugh tops off $470M, 73-story Chicago apartment tower
The COVID-19 pandemic previously delayed the project, but the contractor finished concrete work this month.
By Matthew Thibault • Aug. 22, 2023 -
Trendline
Top 5 stories from Multifamily Dive
A roundup of some of Multifamily Dive’s top stories of 2024.
By Multifamily Dive staff -
Permits for 5-plus units plummet 32%
While multifamily developers started roughly the same number of projects a year ago, completions fell 23%.
By Leslie Shaver • Aug. 22, 2023 -
Opinion
7 things to know about starting an EV charging program
As electric vehicle demand increases and government mandates approach, multifamily firms are plugging in to incentives.
By Mark Vogel • Aug. 22, 2023 -
REIT Report
Delinquent renters drive expenses 8.5% higher for Camden
Despite evictions and skips, low move-outs to homeownership limit turnover damage for the Houston-based REIT.
By Leslie Shaver • Aug. 21, 2023 -
Q&A
Senior housing inspired by national parks underway in Virginia
Overlapping regulations posed the greatest challenge for The Lodge at Autumn Willow, says KTGY production director Patty Booker.
By Mary Salmonsen • Aug. 21, 2023 -
Is Threads worth a look?
As X — formerly known as Twitter — struggles, Meta’s new platform could serve as a substitute for some multifamily marketers, experts say.
By Amanda Loudin • Aug. 18, 2023 -
Nashville college opens shipping container dorm
The $4 million project at Fisk University will help house students while a new residence hall is under construction.
By Mary Salmonsen • Updated Aug. 23, 2023 -
DEALS + STARTS
Toll Brothers breaks ground on opportunity zone project in Phoenix
Henri will be located next to the Roosevelt Row arts and culture district.
By Mary Salmonsen • Aug. 16, 2023 -
REIT Report
Revenue growth boosts AvalonBay
As market conditions slow, the Virginia-based REIT sees an opportunity to pick up land in its expansion metros.
By Leslie Shaver • Aug. 16, 2023 -
Lendlease pauses $1.2B San Francisco condo tower
The Australia-based developer and contractor confirmed the news on Monday, about a month after it laid off 10% of its global staff.
By Zachary Phillips • Aug. 15, 2023 -
Opinion
Despite a sobering Q2, the future looks bright for owners, developers
As the second half of the year gets underway, the multifamily sector will remain strong despite several sizable headwinds, writes fund management expert Marshall Boyd.
By Marshall Boyd • Aug. 15, 2023 -
Q&A
How Eastwind is navigating Florida’s difficult development market
New legislation combined with interest rate hikes and rising material costs make penciling out new deals difficult, Florida developer says.
By Leslie Shaver • Aug. 15, 2023 -
REIT Report
Essex raises rent guidance as tech layoff fears subside
The REIT saw sluggishness in Seattle while Southern California thrived.
By Leslie Shaver • Aug. 14, 2023 -
Report: Passive House nears cost parity with traditional construction
The number of Passive-built multifamily projects has surged since 2018, owing to energy savings and climate and health benefits, according to a new report.
By Mary Salmonsen • Aug. 10, 2023 -
JLL rolls out proprietary AI model
The firm’s technology division developed the tool specifically for the commercial real estate industry and is looking to offer it to clients in the future.
By Lindsey Wilkinson • Aug. 10, 2023 -
DEALS + STARTS
Manhattan office tower purchased for $172.5M for apartment conversion
Silverstein Properties, Metro Loft Management and CetraRuddy will redesign 55 Broad Street into 571 apartments.
By Mary Salmonsen • Aug. 9, 2023 -
REIT Report
EQR reports supply pressure in some cities, strong results in others
Though the Chicago-based REIT made a couple of purchases in Q2, it sees a slow transaction market overall.
By Leslie Shaver • Aug. 9, 2023 -
PROJECT SPOTLIGHT
Clark tops out first of 3 towers at Washington, DC, apartment project
The Bethesda, Maryland-based contractor has finished concrete work on the $643 million first phase of The Stacks in the city’s Buzzard Point neighborhood.
By Zachary Phillips • Aug. 8, 2023 -
Adaptive reuse pipeline rises to 122,000 units under construction
Despite strong incoming supply, completions in the sector have fallen since 2020.
By Mary Salmonsen • Aug. 8, 2023 -
Q&A
Bringing in contractors from other cities helps St. Louis developer continue to build
Subtext is slated to close on 1,000 units by relying on existing lender relationships.
By Leslie Shaver • Aug. 8, 2023 -
REIT Report
Coastal markets show strength in UDR’s busy Q2
As more than 20% of its sites use staff-less technology, the REIT continues to focus on customer experience.
By Leslie Shaver • Aug. 7, 2023 -
Deep Dive
HUD grant focuses on commercial building conversions
The authority seeks to fund case studies of recent conversion projects to provide practical commercial conversion guidance to operators and local agencies.
By Nish Amarnath • Aug. 7, 2023 -
PROJECT SPOTLIGHT
New apartments open at former IBM headquarters site in New York
The Halden in White Plains, New York, is part of the office complex’s mixed-use redevelopment.
By Mary Salmonsen • Aug. 7, 2023 -
Q&A
How the largest market-rate multifamily Passive house high-rise got built
Alexander Development Group overcame legal challenges and COVID-19 to build 42 Broad in five years.
By Leslie Shaver • Aug. 3, 2023