Development: Page 15
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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 -
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 Mary Salmonsen • Aug. 9, 2023 -
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 Leslie Shaver • Aug. 9, 2023 -
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 Leslie Shaver • Aug. 8, 2023 -
Adaptive reuse pipeline rises to 122,000 units under construction
Despite strong incoming supply, completions in the sector have fallen since 2020.
By Mary Salmonsen • Aug. 8, 2023 -
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 -
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 Leslie Shaver • Aug. 7, 2023 -
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 Mary Salmonsen • Aug. 7, 2023 -
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 -
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 Leslie Shaver • Aug. 3, 2023 -
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 Mary Salmonsen • Aug. 2, 2023 -
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 Mary Salmonsen • Updated Aug. 8, 2023 -
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