Development: Page 15
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Miami developer laid off 25% of its workforce
The cuts came at the end of last year as workforce housing producer Resia adjusted its overhead to “new macroeconomic conditions.”
By Leslie Shaver • March 22, 2023 -
Apartment starts up 24%, posting ‘unexpectedly strong month’
Looking forward, banking volatility could force the Fed to ease interest rate hikes that had been predicted to slow apartment starts.
By Leslie Shaver • March 20, 2023 -
Trendline
Top 5 stories from Multifamily Dive
A roundup of some of Multifamily Dive’s top stories of 2024.
By Multifamily Dive staff -
DEALS + STARTS
Mixed-use project breaks ground in Miami’s Wynwood Arts District
The Wynwood Plaza will feature a landscaped pedestrian thoroughfare by the designers of New York City’s High Line.
By Mary Salmonsen • March 17, 2023 -
CBRE: Looming oversupply will be short-lived
Even with a surplus of multifamily development over the short term, an additional 2.3 million new units will be needed nationwide over the next 10 years, according to a new analysis.
By Jennifer Goodman • March 15, 2023 -
DEALS + STARTS
Developer breaks ground on third community in Northwest Arkansas
With The Junction of Scottsdale, Mia Rose Holdings has 614 units underway in the region.
By Mary Salmonsen • March 15, 2023 -
Q&A
How multifamily builders are getting ahead of inflation
Bozzuto Construction’s newly minted VP advocates for the use of 3D modeling tech to increase efficiency.
By Mary Salmonsen • March 14, 2023 -
Opinion
Florida, Southeast poised to lead second-half comeback for developers
With a few savvy tactics, developers can be ready to benefit from the next round of industry growth, according to a Florida-based Ryan Cos. executive.
By Jon Paul Bacariza • March 9, 2023 -
Opinion
Architect transforms DC-area office into sustainable apartments
The conversion repurposed a concrete jungle into dwellings embracing indoor-outdoor living.
By David Haresign, FAIA • March 2, 2023 -
Developer unveils 1.5M-square-foot mixed-use plan in Detroit
Cadillac Square will include up to 280 residential units and the revival of the National Theatre.
By Mary Salmonsen • March 2, 2023 -
The average apartment size is shrinking
Studios and one-bedroom units make up a growing share of deliveries, according to a new study.
By Mary Salmonsen • March 1, 2023 -
Q&A
Are the BTR capital markets coming back?
Wolfson Development’s CEO thinks investors see safety in single-family rentals, even if the days of 40% rent growth in Florida are over.
By Leslie Shaver • March 1, 2023 -
Communities next to nature
These seven apartment developments boast easy access to biking, walking and other outdoor recreation opportunities.
By Robyn Griggs Lawrence • Feb. 24, 2023 -
Trails, open space attract outdoor-loving renters
Many residents see nature as a premium amenity, making the extra investment and red tape worth it, developers say.
By Robyn Griggs Lawrence • Feb. 24, 2023 -
‘Impossible to build’: Vornado postpones NYC development
Flagging demand for office space, high interest rates and unfavorable capital markets have led the REIT to rethink its Penn Station project.
By Sebastian Obando • Feb. 24, 2023 -
DEALS + STARTS
$500M mixed-use plan near Nashville kicks off with 12-story tower
The Aureum Project in Franklin, Tennessee, will cover 1.75 million square feet at full buildout.
By Mary Salmonsen • Feb. 23, 2023 -
February 2023 Thought Leaders
Executives from RailField Partners, KTGY, RangeWater and more talk about their latest challenges and successes.
By Multifamily Dive Staff • Feb. 23, 2023 -
REITS report ‘cautious optimism’
Multifamily Dive examines each of the major REITs’ most recent earnings report and their outlook for the year to come.
By Leslie Shaver • Feb. 22, 2023 -
Q&A
Appealing to the ‘life is short’ demographic
Architect Jared Bradley shares the features and amenities winning over Nashville’s young renters.
By Mary Salmonsen • Feb. 21, 2023 -
PROJECT SPOTLIGHT
Housing Trust Group opens second upscale community in Phoenix metro
Aviva – Goodyear in Arizona is 78% leased as of its opening.
By Mary Salmonsen • Feb. 17, 2023 -
REIT Report
Equity Residential sees positive employment signs amid uncertainty
The REIT nears the finish line with some centralization initiatives as it works to corral costs.
By Leslie Shaver • Feb. 17, 2023 -
Office-to-residential conversions often hinge on government cooperation
Adapting offices for residential use is often more difficult, more expensive and less profitable than new construction, one developer said.
By Dan Rosenbaum • Feb. 15, 2023 -
REIT Report
AvalonBay pushes forward with expansion goals
On its earnings call last week, the REIT said it sees signs of rent growth heading into spring leasing.
By Leslie Shaver • Feb. 15, 2023 -
Lendlease reports loss, points to new UK residential defect law
The Australian developer and contractor is in year two of a five-year course correction, CEO Tony Lombardo said in an earnings call Monday.
By Zachary Phillips • Feb. 14, 2023 -
Pittsburgh office-to-residential conversion fund begins to accept bids
The city’s redevelopment agency is accepting applications from developers looking to convert downtown office buildings into affordable housing.
By Danielle McLean • Feb. 10, 2023 -
PROJECT SPOTLIGHT
37-story tower adds allure to Miami’s skyline
The 421-unit Cascade is adjacent to a Metrorail station and The Underline public park.
By Mary Salmonsen • Feb. 9, 2023