Development: Page 2

  • Construction framing of wood building.
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    ribeirorocha via Getty Images
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    NAHB: Apartment completion time flat in 2023

    The construction cycle rose 3.5 days in 2023 after jumping 2.3 months in 2022.

    By • Sept. 23, 2024
  • Aerial view of neighborhood
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    Permission granted by PearlX
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    Sponsored by PearlX

    From costly amenity to revenue asset: Boosting multifamily budgets with energy

    Solar amenities can increase multifamily property value with no upfront costs to developers with PearlX.

    Sept. 23, 2024
  • A block of apartment complexes Explore the Trendline➔
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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
  • A four-story brick apartment property on a street full of cars and people.
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    Permission granted by U.S. Development
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    PROJECT SPOTLIGHT

    U.S. Development completes mixed-use project in Philadelphia’s Fishtown

    The industrial-style Frankford Grand opened for leasing on Sept. 18.

    By • Sept. 19, 2024
  • City development.
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    ictor via Getty Images
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    Apartment starts drop 6% YOY

    In a sign that supply is burning off, completions in August jumped 80%, while projects under construction fell 15%.

    By • Sept. 19, 2024
  • Seal of the Board of Governors of the United States Federal Reserve System.
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    LD via Getty Images
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    Fed cuts rates, but is more needed?

    Apartment industry leaders say the central bank’s action had already been baked into the 10-year Treasury.

    By • Sept. 18, 2024
  • A rendering of a high-rise apartment building.
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    Permission granted by Hoar Construction
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    PROJECT SPOTLIGHT

    30-story student housing tower rises from infill lot in Austin

    Located near The University of Texas at Austin, MDL Group’s Icon will be open for the 2025 school year.

    By • Sept. 18, 2024
  • AvalonBay Communities, Kanso Twinbrook
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    Permission granted by AvalonBay Communities
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    Q&A

    Inside AvalonBay’s centralization initiatives

    Under the REIT’s neighborhood model, services can be shared for up to 1,500 units. 

    By • Sept. 17, 2024
  • Wood-framed apartment building under construction.
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    Maudib via Getty Images
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    Developers look for deals on dirt

    Generational property owners are in a position to wait, while those who have recently purchased land may be more motivated to sell.

    By • Sept. 16, 2024
  • A one-story building with a taller building behind it.
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    Permission granted by Mast Capital
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    PROJECT SPOTLIGHT

    New Mast Capital Florida property caters to nearby healthcare workers

    The Harlow is located next to a new $250 million hospital in Wesley Chapel, Florida.

    By • Sept. 11, 2024
  • Apartment building under construction surrounded by high rises.
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    Joe Raedle via Getty Images
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    Multifamily permitting drops in urban areas

    Higher interest rates and supply chain concerns have taken a toll on apartments, according to the NAHB.

    By • Sept. 6, 2024
  • Corner view of mid-rise apartment property
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    Permission granted by QuadReal Property Grou
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    DEALS + STARTS

    Canadian firm buys 4 properties from Lennar’s Quarterra

    QuadReal Property Group picked up 1,400 units total in Colorado, North Carolina, Arizona and Maryland.

    By • Sept. 4, 2024
  • A rendering of a tall glass building at night.
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    Permission granted by Kolter Urban
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    The largest multifamily starts of July 2024

    Nashville, Tennessee; Buffalo, New York; and Tampa, Florida, have seen the launch of new projects valued at over $250 million each.

    By • Sept. 3, 2024
  • City skyline and waterfront
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    Art Wager via Getty Images
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    Opportunities abound in California despite challenges for developers

    Amid hurdles posed by regulatory complexities and shifting market dynamics, many firms remain bullish about the Golden State’s multifamily outlook.

    By Keith Loria • Sept. 3, 2024
  • A white room with tables and chairs.
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    Permission granted by Vero Sade
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    PROJECT SPOTLIGHT

    New Houston developer debuts first ground-up projects in San Antonio

    Vero Sade intends to expand its reach across the Sun Belt.

    By • Sept. 3, 2024
  • A park between two apartment buildings, with a farmers' market at the near end.
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    Hunter Pasteur Homes

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    Deals + Starts: Summer 2024

    Firms including Mill Creek, Greystar and Kushner made news in recent months.

    By Multifamily Dive Staff • Aug. 29, 2024
  • Crane and building under construction against blue sky
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    unkas_photo via Getty Images
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    Apartment starts increase monthly, but fall YOY

    Meanwhile, multifamily completions jumped 50% from last July and the number of units under construction dropped.

    By • Aug. 27, 2024
  • A two-story home.
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    Retrieved from Stone Martin Homes on August 22, 2024
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    Alabama home builder launches commercial division

    Stone Martin Commercial will work with developers on master-planned communities and small-scale projects.

    By • Aug. 23, 2024
  • A rendering of an apartment property.
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    Permission granted by Core Spaces
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    DEALS + STARTS

    Core Spaces underway on student housing in North Carolina

    Hub Raleigh is one of Core’s largest projects to date, increasing its portfolio by 5.5%.

    By • Aug. 21, 2024
  • A view of blue toned high-rise buildings in New York City's Wall Street financial district.
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    Milenny via Getty Images
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    REIT Report

    3 things to know from Camden’s earnings call

    The Texas-based REIT still faces heavy supply in many markets, though demand remains strong.

    By • Aug. 21, 2024
  • 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

    Bad debt not enough to weigh AVB down

    The Virginia-based REIT outperformed again in Q2 with an increase in same-store and development NOI.

    By • Aug. 20, 2024
  • A data processing and storage center.
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    Andrey Semenov via Getty Images
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    Greystar expands into infrastructure development

    The nation’s largest multifamily owner is extending its reach into new sectors including transportation, power and data centers.

    By • Aug. 19, 2024
  • The Colorado Capitol building.
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    4nadia via Getty Images
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    Colorado sees a wave of landlord-tenant rules

    Property owners have new laws to follow, including those focused on for-cause evictions, price stabilization in disasters and right of first refusal.

    By • Aug. 16, 2024
  • Aerial view of ew, modern white and black, eight-story apartment building.
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    Permission granted by ZOM LIving
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    Q&A

    ZOM aims to diversify into senior housing

    CEO Greg West sees strong demographic growth in the sector, but he also thinks there is an emerging window in market-rate apartments.

    By • Aug. 16, 2024
  • Aerial shot of skyscrapers and city buildings surrounded by water
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    Eloi_Omella via Getty Images
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    The cities expecting the most apartment deliveries this year

    Over 518,000 new units are expected to come online nationwide by the end of 2024.

    By • Aug. 16, 2024
  • California state flag and state capitol building in Sacramento
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    DustyPixel via Getty Images
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    23 mayors oppose California’s rent control ballot measure

    Proposition 33 would repeal the Costa-Hawkins Rental Housing Act, allowing local governments to set rent control without restrictions.

    By • Aug. 15, 2024