Development: Page 15


  • A JLL office building
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    Permission granted by JLL
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    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
  • A view of an office building from below, surrounded by other tall towers.
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    Joe Woolhead

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    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 Aug. 9, 2023
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    lucadp via Getty Images
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    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 Aug. 9, 2023
  • A seven-story mixed-use brown and white apartment building.
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    Permission granted by Subtext
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    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 Aug. 8, 2023
  • A tall building obscured behind a tree.
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    Moeru Matsunoo via Getty Images
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    Adaptive reuse pipeline rises to 122,000 units under construction

    Despite strong incoming supply, completions in the sector have fallen since 2020.

    By Aug. 8, 2023
  • A ground view of several buildings under construction, a crane looms in the background.
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    Courtesy of Clark Construction
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    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
  • View from the the ground looking up at high rises and Wall St. and Front St. signs.
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    franckreporter via Getty Images
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    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 Aug. 7, 2023
  • A group of people stand in front of a set of glass doors.
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    Permission granted by The NRP Group
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    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 Aug. 7, 2023
  • A shift to remote work has softened the demand for office space, accelerating the need for commercial-to-residential conversions.
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    Fang Xia Nuo via Getty Images
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    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
  • Corner view of glass high-rise building.
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    Permission granted by Alexander Development Group
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    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 Aug. 3, 2023
  • A row of green bicycles on a rack next to a sidewalk.
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    Diy13 via Getty Images
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    Q&A

    How to safely store e-bikes, e-scooters in apartments

    Defects in lithium-ion batteries or charging systems for e-bikes and e-scooters can cause a thermal runaway in the battery system, posing a fire risk. 

    By Aug. 2, 2023
  • An apartment building with "ONE RANGERS WAY" on a sign on the side.
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    Permission granted by The Cordish Cos.
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    PROJECT SPOTLIGHT

    Texas Rangers’ apartment project open for early leasing

    One Rangers Way is near multiple sports venues in Arlington, Texas, including the baseball team’s home base at Globe Life Field.

    By Updated Aug. 8, 2023
  • Blocks spell M and A
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    Nastassia Samal via Getty Images
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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 , July 31, 2023
  • A rendering of a square apartment building.
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    Permission granted by Fisher Bros.
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    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 July 31, 2023
  • Suburban apartment building
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    stock.adobe.com/Konstantin L

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    Sponsored by ICAST

    It’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
  • A red construction frame in front of a high-rise building under construction.
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    JARAMA via Getty Images
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    Apartment starts fall 11.2% YOY

    Permits fell 33%, while completions of five or more units also declined in June.

    By July 28, 2023
  • Headshot of Chris Simon
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    Permission granted by RADCO
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    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
  • an aerial view of an apartment building
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    iStock/Getty via Getty Images
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    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
  • A picture of the Zentra platform on a phone next to a smart lock.
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    Courtesy of Zentra
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    PRODUCTS

    July 2023 roundup: New multifamily products

    This month’s highlights include structural components, high-level finishes and a smart security system.

    By July 26, 2023
  • Businesswoman packing personal company belongings.
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    pcess609 via Getty Images
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    Brookfield makes cuts in its commercial development group

    As construction slows, other companies are also scaling back.

    By July 24, 2023
  • A mid-rise apartment building with a pool.
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    Permission granted by Century Communities
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    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 July 24, 2023
  • Several dogs stand on a bridge between two boulders.
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    Permission granted by Gyms for Dogs
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    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 July 19, 2023
  • A for sale sign on a home
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    Mikey_Man via Getty Images
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    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 July 18, 2023
  • One narrow skyscraper highlighted among the New York City skyline.
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    Courtesy of Lendlease/David Joshua Ford
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    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
  • A helicopter carrying a water basket flies past a smoke plume near Lebel-sur-Quevillon, Quebec.
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    Adrian Wyld/The Canadian Press/AP

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    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