Development: Page 13

  • View from a balcony looking out at high rises.
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    Permission granted by Keystone Development + Investment
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    Q&A

    Pennsylvania office developer gets into the conversion game

    After adding a residential component to one building in Philadelphia, Keystone is eyeing three similar projects.

    By • May 19, 2023
  • Cars pull up to a gate with a "Magic Kingdom" sign overhead.
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    Joe Raedle via Getty Images
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    Disney nixes plans to build $1B Orlando office campus

    Even as it canceled its Lake Nona project, the company said it still plans to develop 80 acres of land to create affordable housing in the community.

    By Zachary Phillips • May 19, 2023
  • A block of apartment complexes Explore the Trendlineâž”
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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
  • Street signs for the intersection of Wall St. and Broad St., with the stripes of an American flag in the background.
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    Michael Santiago/Getty Images via Getty Images
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    REITs report positive momentum

    On first quarter earnings calls, executives expressed optimism, though there are pockets of weakness.

    By • May 19, 2023
  • Chicago skyline with high rises
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    Tim Boyle via Getty Images
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    Visionary apartment owner Sam Zell dies at 81

    Multifamily leaders share memories of the real estate trailblazer known as “the grave dancer” for his ability to revive struggling properties.

    By • May 18, 2023
  • An apartment building with a mural of a woman on the side.
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    Permission granted by Monument Realty
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    PROJECT SPOTLIGHT

    Eclectic property opens in Washington, DC’s NoMa neighborhood

    The Greystar-managed building’s bold facade includes multi-story murals and colorful panels.

    By • May 17, 2023
  • The Space Needle stands over the Seattle skyline as Mt. Rainier is seen in the background
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    John Moore via Getty Images
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    REIT Report

    Essex predicts rebound in West Coast markets

    Although it is monitoring other areas for expansion, the REIT is comfortable with its regional focus, according to CEO Angela L. Kleiman.

    By • May 17, 2023
  • A rendering of a room where one person is playing a guitar while three others listen.
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    Permission granted by Premier
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    For Gen Z renters, it’s all about experiences

    Tenants are looking for a place to live tied to a lifestyle or location, as well as “Instagrammable” moments they can share.

    By • May 16, 2023
  • The exterior of an apartment building.
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    Sundry Photography via Getty Images
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    Rents continue rising, with moderate growth expected through 2023

    Tightening credit, a slowdown in construction and lower consumer savings may constrict the sector in the near future, according to a new report.

    By • May 15, 2023
  • People walk down Wall Street January 22, 2008 in New York City
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    Spencer Platt via Getty Images
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    REIT Report

    Camden’s move-outs to homeownership drop amid strong rent growth

    Even though more than 400,000 new units are expected to hit its markets in the next two years, the REIT downplayed the impact of new supply on a recent earnings call.

    By • May 15, 2023
  • Congressional leaders at the White House
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    Anna Moneymaker via Getty Images
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    Business, multifamily leaders urge quick resolution to looming debt ‘catastrophe’

    President Joe Biden and congressional leaders will continue talks on Friday as the threat of a default on the country’s $31.4 trillion debt grows.

    By • May 12, 2023
  • Grey and white high rise apartments with palm trees below.
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    Permission granted by Forman Capital
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    DEALS + STARTS

    Private lender acquires the note for a Neology site in Miami

    The acquisition shows how developers can finance projects even as traditional bank lending stalls.

    By • May 11, 2023
  • An apartment lobby from the exterior.
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    Courtesy of Moris Moreno
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    PROJECT SPOTLIGHT

    Portland, Oregon’s Alta ART Tower designed to connect with artistic neighbors

    The building’s expansive lobby hosts theater performances and gallery events in collaboration with the Artist Repertory Theater next door.

    By • May 11, 2023
  • A tour bus passes the Wall Street bull.
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    Spencer Platt via Getty Images
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    REIT Report

    As development projects are abandoned, AVB sees an opportunity to buy land

    The REIT is partnering with third-party apartment builders and offering mezzanine loans for construction.

    By • May 10, 2023
  • An apartment lounge with sofas and a kitchen.
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    Moris Moreno

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    How to create community, connection for Gen Z renters

    Work-from-home resources and collaborative spaces are game-changers for this growing resident group.

    By • May 10, 2023
  • Modern bank glass building.
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    -slav- via Getty Images
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    Bank failures make construction loans even more challenging

    The lending environment has grown more treacherous after last year’s interest rate hikes and could dampen new starts by 60%, according to Ric Campo.

    By • May 8, 2023
  • A set of white apartment buildings near a waterfront.
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    Permission granted by Integra Investments
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    PROJECT SPOTLIGHT

    Largest Key West, Florida, workforce housing in 50 years opens on Stock Island

    Wrecker’s Cay Apartments from Integra Investments adds 280 low- and moderate-income units near the Florida Keys’ connecting highway.

    By • May 8, 2023
  • A large, convex-shaped apartment building is in the focus and foreground.
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    Permission granted by Jason O'Rear
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    Gilbane completes convex-shaped mixed-use project in LA

    With a lens-like design, the $125 million development will feature 10 levels of apartments and luxury amenities.

    By Matthew Thibault • May 5, 2023
  • New grey apartment community
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    Permission granted by Alliance Residential
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    The multifamily industry’s top firms

    From syndicators and owners to builders and managers, these rankings from the National Multifamily Housing Council are much anticipated each year.

    By • May 4, 2023
  • A garden-style apartment building in a wooded setting.
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    Permission granted by S.L. Nusbaum Realty Co.
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    DEALS + STARTS

    New affordable housing coming to Williamsburg, Virginia

    The $26 million 2 Rivers Apartment Homes will fill a strong need for affordable housing in a growing area. 

    By • May 4, 2023
  • New homes construction site. Framed houses. Lumber. Building. - stock photo.
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    fstop123 via Getty Images
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    The top 10 residential builders of 2023

    Powerhouse names in single-family homes — including D.R. Horton at No. 1 — are pushing further into build to rent.

    By • May 2, 2023
  • Two tall apartment towers flanking a green lawn.
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    Permission granted by Madison Realty Capital
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    Residential tower in Queens, New York, includes a new public school

    The first apartment tower at Woodside Central is open for leasing, with the school, retail and a pedestrian plaza underway.

    By • May 1, 2023
  • A panoramic shot in New York City shows construction cranes dotting the skyline.
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    Alex Potemkin/E+ via Getty Images
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    First state law banning gas in new buildings likely to pass in New York

    Environmental and social justice advocates worry it will include a poison pill provision backed by the oil and gas industry.

    By Ysabelle Kempe • May 1, 2023
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    Pgiam via Getty Images
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    REIT Report

    Equity Residential’s same-store revenue is better than anticipated

    New York posts 19% growth, but California floods drive up expenses and San Francisco and Seattle struggle with concessions.

    By • April 28, 2023
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    Khaosai Wongnatthakan via Getty Images
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    Impact Council releases finalized investing guidance

    The Multifamily Impact Framework creates a roadmap for socially motivated private capital to invest in affordable and sustainable rental housing.

    By • Updated Sept. 20, 2023
  • A rendering of a mid-rise apartment building.
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    Permission granted by Hunt Midwest
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    Deals + Starts: April 2023

    Beacon, Bonaventure, Lendlease and more were in the news.

    By Multifamily Dive Staff • April 27, 2023