Development: Page 15
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RMR Group to acquire Carroll for $80M
With the all-cash purchase, asset manager RMR enters the only major commercial real estate sector in which it did not already have a significant presence.
By Jennifer Goodman , Leslie Shaver • July 31, 2023 -
DEALS + STARTS
Miami mixed-use development draws inspiration from local architecture, street art
Wynhouse Miami, located in the Wynwood neighborhood, is developer Fisher Bros.’ first Florida project.
By Mary Salmonsen • July 31, 2023 -
stock.adobe.com/Konstantin L
Sponsored by ICASTIt’s raining funds – the multifamily sector needs to make sure it gets watered
The business case for clean energy upgrades is the best it’s ever been.
July 31, 2023 -
Apartment starts fall 11.2% YOY
Permits fell 33%, while completions of five or more units also declined in June.
By Leslie Shaver • July 28, 2023 -
Thought Leaders: July 2023
Executives from Mahaffey Apartment Co., Fogelman, RADCO and more talk about their latest challenges and successes.
By Multifamily Dive Staff • July 27, 2023 -
The apartment industry battles insurance price hikes
As costs jump 100% or more in some states, multifamily leaders look for solutions.
By Multifamily Dive Staff • July 26, 2023 -
PRODUCTS
July 2023 roundup: New multifamily products
This month’s highlights include structural components, high-level finishes and a smart security system.
By Mary Salmonsen • July 26, 2023 -
Brookfield makes cuts in its commercial development group
As construction slows, other companies are also scaling back.
By Leslie Shaver • July 24, 2023 -
New development in Nashville exudes a country farmhouse style
Crescent Communities’ Novel Harpeth Heights is inspired by the nature and architecture of Middle Tennessee.
By Mary Salmonsen • July 24, 2023 -
PRODUCTS
Pet-friendly products, services for apartments
Here are a few of the pet-related tools and amenities that were on display at the recent Apartmentalize conference.
By Mary Salmonsen • July 19, 2023 -
Insurance Issues
Rising insurance costs could force apartment sales, threaten new development
Premium increases create a host of issues for multifamily executives, who are already struggling with multiple financial challenges.
By Leslie Shaver • July 18, 2023 -
Lendlease cuts 10% of staff worldwide
The Australian contractor and developer laid off 740 employees as part of a strategy shift.
By Zachary Phillips • July 18, 2023 -
Canadian wildfires raised air pollution. Lumber prices could be next.
Historic fires are blazing through the provinces of Alberta and Quebec, dealing a blow to the country’s softwood lumber production.
By Sebastian Obando • July 17, 2023 -
What architects want apartment developers to know
Design pros specializing in multifamily projects share ways developers can get the most from their expertise.
By Shelley D. Hutchins, LEED-AP • July 14, 2023 -
The top 10 states residents want to move into (and out of)
Texas is the most sought-after state based on Google searches, followed by Florida and California.
By Mary Salmonsen • July 14, 2023 -
DC’s Hoffman & Associates continues its southward expansion
After moving into Charlotte and Richmond, the company is eyeing other markets in the Southeast.
By Leslie Shaver • July 12, 2023 -
Q&A
Consultant predicts flat material prices for second half of year
Labor shortages, a manufacturing boom and infrastructure work are keeping the industry from returning to pre-pandemic price levels.
By Sebastian Obando • July 11, 2023 -
NRP adds execs from other firms as it expands to Las Vegas, Phoenix
Mike Moriarty and Austin Kates were hired from The Ardour Co. and The Wolff Co. respectively and will initially focus on market-rate development.
By Leslie Shaver • July 11, 2023 -
San Francisco invites proposals for adaptive reuse projects
The city’s initiative to repurpose underused downtown commercial space solidifies legislation passed last month to simplify commercial building conversion processes.
By Nish Amarnath • July 11, 2023 -
FHA raises large multifamily loan threshold
Loans of up to $120 million are now eligible for standard underwriting.
By Mary Salmonsen • July 9, 2023 -
Residential conversions continue to rise as office values decline
Work-from-home trends and market conditions have made conversion projects more feasible.
By Mary Salmonsen • July 9, 2023 -
PROJECT SPOTLIGHT
New apartments, townhomes open in active Philly-area market
The Galman Group is “striking when the iron is hot” in its hometown, according to its president.
By Mary Salmonsen • July 6, 2023 -
Multifamily starts jump 40%
Even as groundbreakings surged, financing woes slowed permit numbers last month.
By Leslie Shaver • July 5, 2023 -
Thought Leaders: June 2023
Executives from Lendlease, Centerspace, Garrett Cos. and more talk about their latest challenges and successes.
By Multifamily Dive Staff • June 29, 2023 -
Opinion
How to apply for GRRP funds
The $4.8 billion Green and Resilient Retrofit Program offers developers and owners direct grants and loans to improve HUD-assisted properties.
By Donald Bernards • June 29, 2023