Development: Page 18
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REIT Report
As development projects are abandoned, AVB sees an opportunity to buy land
The REIT is partnering with third-party apartment builders and offering mezzanine loans for construction.
By Leslie Shaver • May 10, 2023 -
How to create community, connection for Gen Z renters
Work-from-home resources and collaborative spaces are game-changers for this growing resident group.
By Mary Salmonsen • May 10, 2023 -
Bank failures make construction loans even more challenging
The lending environment has grown more treacherous after last year’s interest rate hikes and could dampen new starts by 60%, according to Ric Campo.
By Leslie Shaver • May 8, 2023 -
PROJECT SPOTLIGHT
Largest Key West, Florida, workforce housing in 50 years opens on Stock Island
Wrecker’s Cay Apartments from Integra Investments adds 280 low- and moderate-income units near the Florida Keys’ connecting highway.
By Mary Salmonsen • May 8, 2023 -
Gilbane completes convex-shaped mixed-use project in LA
With a lens-like design, the $125 million development will feature 10 levels of apartments and luxury amenities.
By Matthew Thibault • May 5, 2023 -
The multifamily industry’s top firms
From syndicators and owners to builders and managers, these rankings from the National Multifamily Housing Council are much anticipated each year.
By Leslie Shaver • May 4, 2023 -
DEALS + STARTS
New affordable housing coming to Williamsburg, Virginia
The $26 million 2 Rivers Apartment Homes will fill a strong need for affordable housing in a growing area.
By Mary Salmonsen • May 4, 2023 -
The top 10 residential builders of 2023
Powerhouse names in single-family homes — including D.R. Horton at No. 1 — are pushing further into build to rent.
By Mary Salmonsen • May 2, 2023 -
Residential tower in Queens, New York, includes a new public school
The first apartment tower at Woodside Central is open for leasing, with the school, retail and a pedestrian plaza underway.
By Mary Salmonsen • May 1, 2023 -
First state law banning gas in new buildings likely to pass in New York
Environmental and social justice advocates worry it will include a poison pill provision backed by the oil and gas industry.
By Ysabelle Kempe • May 1, 2023 -
REIT Report
Equity Residential’s same-store revenue is better than anticipated
New York posts 19% growth, but California floods drive up expenses and San Francisco and Seattle struggle with concessions.
By Leslie Shaver • April 28, 2023 -
Impact Council releases finalized investing guidance
The Multifamily Impact Framework creates a roadmap for socially motivated private capital to invest in affordable and sustainable rental housing.
By Jennifer Goodman • Updated Sept. 20, 2023 -
Deals + Starts: April 2023
Beacon, Bonaventure, Lendlease and more were in the news.
By Multifamily Dive Staff • April 27, 2023 -
PROJECT SPOTLIGHT
Milwaukee mall-to-multifamily conversion goes viral on TikTok
The Plankinton Clover apartments have caught the attention of over 1.5 million viewers.
By Mary Salmonsen • April 26, 2023 -
Lendlease breaks ground on Brooklyn residential development
As the Australian contractor starts its first for-rent multifamily complex in New York City, Google has hit pause on another of its major U.S. projects.
By Zachary Phillips • April 26, 2023 -
Size, location matter most to wealthy renters
Affluent tenants expect that their larger rent payments will translate into larger units, multifamily developers say.
By Robyn Griggs Lawrence • April 24, 2023 -
PROJECT SPOTLIGHT
Arizona build-to-rent breaks ground near new semiconductor plant
Village at Pleasant River is expected to attract residents who work at the nearby Taiwan Semiconductor Manufacturing Co. facility in Peoria.
By Mary Salmonsen • Updated May 31, 2023 -
istockphoto.com/MikeMareen
OpinionNew hurricane-focused codes on the horizon for Florida
Developers in the Sunshine State can expect much stronger building and land use regulations in the wake of Hurricane Ian, according to a construction expert.
By Don Neff • April 20, 2023 -
Oceanfront condo project halted by Daytona Beach officials
The city expressed concerns about progress and safety issues at Protogroup’s 31-story condominium project, which has been under construction since 2018.
By Leslie Shaver • April 18, 2023 -
Most firms on NMHC Top 25 Builders list saw increases last year
Summit topped the ranking, reflecting both the company's growth and an active multifamily cycle, said President Marc Padgett.
By Leslie Shaver • April 17, 2023 -
How to rent to a millionaire
High earners are flooding the rental market, and they never settle for less.
By Robyn Griggs Lawrence • April 17, 2023 -
Total crane count rises but commercial work dips
The number of cranes in North American cities grew by 7%, according to the most recent report by Rider Levett Bucknall, but the increase was concentrated in the multifamily sector.
By Zachary Phillips • April 17, 2023 -
Alliance grabs the country’s top development spot from Greystar
Only two developers on the NMHC Top 25 saw their starts decrease in 2022.
By Leslie Shaver • April 17, 2023 -
Mortenson JV breaks ground on Denver apartment complex
The project is part of a $120 million, four-project fund portfolio assembled by Pinnacle Partners.
By Zachary Phillips • April 17, 2023 -
PROJECT SPOTLIGHT
Madison Avenue tower’s quadruplex penthouse sells for $67.8M
The Bellemont, designed by Robert A.M. Stern Architects, comprises 11 sold-out units on New York’s Upper East Side.
By Mary Salmonsen • April 13, 2023