Development: Page 8

  • A glass and steel apartment tower.
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    Salvi Media

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    PROJECT SPOTLIGHT

    Cleveland high-rise spotlights education, wellness

    The 298-unit Artisan tower features a gear room for outdoor equipment rentals and a rooftop guest lecture venue.

    By • Nov. 3, 2023
  • A low-angle view of the Flatiron Building in New York City.
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    ndcityscape via Getty Images
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    40 condos coming to Manhattan’s Flatiron Building

    The conversion, led by the Brodsky Organization, follows a series of auctions for the historic property.

    By • Nov. 2, 2023
  • A block of apartment complexes Explore the Trendlineâž”
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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
  • Tan, three-story apartment building with palm trees and a lake in the foreground.
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    Permission granted by Kaplan Residential
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    DEALS + STARTS

    Kaplan secures 20-acre Florida site for $5.2M

    The developer plans to build five three-story buildings with elevators. 

    By • Nov. 1, 2023
  • Five-story brown, modern apartment building with balconies on the corner.
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    Permission granted by JPI
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    Behind the scenes of the JPI-Sumitomo deal

    JPI CEO Payton Mayes sees an opportunity to move into new markets when the time is right.

    By • Nov. 1, 2023
  • American flags in front of marble building
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    lucky-photographer via Getty Images
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    REIT Report

    MAA’s new lease rents fall due to competitors’ concessions

    A glut of new supply is providing obstacles and opportunities for the REIT.

    By • Oct. 31, 2023
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    iStock via Getty Images
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    Q&A

    Market volatility requires proactive financial strategies

    There are several ways that apartment operators can manage rising expenses, according to a CRE executive.

    By • Oct. 31, 2023
  • The California Capitol building.
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    Wallentine via Getty Images
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    Opinion

    ‘Yes in God’s Back Yard’ law aims to help battle California’s housing crisis

    The recently signed bill allows religious groups and nonprofit colleges to build affordable housing on their land without strict adherence to zoning standards. 

    By Ellia Thompson • Oct. 30, 2023
  • The exterior of a box shaped apartment building on a sunny day.
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    Permission granted by SAGE
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    Sponsored by SAGE

    How builders can help lead the way on affordable housing for LGBTQ+ elders

    SAGE’s National LGBTQ+ Elder Housing Initiative gives builders and developers access to the support they need to build better homes for a community that is disproportionately impacted by housing discrimination and insecurity.  

    Oct. 30, 2023
  • headshot of Jonathan Bove
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    Permission granted by Landmark Properties
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    Thought Leaders: October 2023

    Executives from Bell Partners, Landmark Properties and more talk about their latest challenges and successes.

    By • Oct. 26, 2023
  • A house with a sold sign on it
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    Feverpitched via Getty Images
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    Goldman sees high home prices, mortgage rates for next year

    The backlog of multifamily units already under construction has grown 56% since 2020, and the pipeline for new projects has begun to narrow, the global banking firm said.

    By • Oct. 26, 2023
  • A tall white tower on a beachfront.
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    © 2023 Hilton

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    Related Group partners with Hilton on Waldorf Astoria-branded condos

    The 92-unit Florida property is the hotel brand’s first all-residential development.

    By • Oct. 25, 2023
  • A midsize glass apartment building, angled toward the rooftop, with solar panels and a deck in view.
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    Permission granted by KTGY
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    PROJECT SPOTLIGHT

    273 new units open at mixed-use development in Madison, Wisconsin

    EO Madison Yards incorporated a post-tensioned concrete structure that allowed for a streamlined approval process.

    By • Oct. 24, 2023
  • Two-story apartment building with a pool in the foreground
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    Permission granted by Venterra Realty
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    DEALS + STARTS

    Venterra Realty grabs 2 brand-new Florida properties

     The company relied on its established relationships with lenders to secure two apartment communities built this year.

    By • Oct. 19, 2023
  • New complex of apartment buildings under construction
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    ewg3D via Getty Images
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    Apartment starts drop 31.5%

    In addition, permits for buildings with five units or more plummeted to 459,000 last month.

    By • Oct. 18, 2023
  • A modern apartment building situated next to a Colonial-style structure.
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    Permission granted by Roadside Development
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    D.C. aims to attract sustainable office-to-multifamily conversions

    While the pace of adaptive reuse projects has slowed, the city is offering incentives to bring more housing to the urban core.

    By • Oct. 16, 2023
  • A tall white apartment building.
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    Permission granted by Willow Bridge Property Co.
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    Former Lincoln division announces new name

    Willow Bridge Property Co., sold to Cadillac Fairview in February, now operates 180,000 units independently.

    By • Updated Oct. 13, 2023
  • Aerial picture of an apartment property.
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    Permission granted by Landmark Properties
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    Q&A

    How centralization can smooth an operator’s expansion to BTR

    Georgia-based Landmark Properties is known for student housing. Now it's moving into single-family rentals.

    By • Oct. 12, 2023
  • A row of homes with a red sign in the foreground that reads "FOR RENT."
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    Feverpitched via Getty Images
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    Turnover costs hold steady at nearly $4,000 per resident

    The lost revenue associated with flipping an apartment adds up, but there are things owners can do to keep renters in place, according to a new report.

    By • Oct. 11, 2023
  • A rendering of a mid-rise student dormitory building.
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    Permission granted by Gilbane
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    Moody’s: Student housing sees rebound

    Occupancy and rental rates have jumped since the pandemic, but inflation remains a hurdle for owners and developers.

    By • Oct. 11, 2023
  • A long, jagged building with a colorful mural on one side.
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    Permission granted by Newrock Partners
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    PROJECT SPOTLIGHT

    Mid-century modern mixed-use opens near Fort Lauderdale

    Oaklyn in Oakland Park, Florida, developed by Newrock and managed by Bozzuto, sits near the Atlantic oceanfront.

    By • Oct. 10, 2023
  • A grey single-family home.
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    Permission granted by Greystar
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    DEALS + STARTS

    Greystar adds 156 build-to-rent homes in Houston

    The multifamily developer will join D.R. Horton, KB Home, Lennar and other builders at the 2,303-acre master plan.

    By • Oct. 6, 2023
  • People on a street with brown and tan homes on either side.
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    Permission granted by Sunstone Two Tree
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    DEALS + STARTS

    Sunstone Two Tree gets approval for 3 projects in Phoenix

    The developer recently closed on the land for a 320-unit project.

    By • Oct. 5, 2023
  • An apartment building under construction.
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    CHUNYIP WONG via Getty Images
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    Energy-efficient multifamily projects eligible for expanded tax credit

    The Section 45L credit, revised under the Inflation Reduction Act, offers up to $5,000 per unit for certain certifications.

    By • Oct. 3, 2023
  • Blocks spell M and A
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    Nastassia Samal via Getty Images
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    Sumitomo Forestry to buy JPI’s operating platform

    JPI CEO Payton Mayes and Chief Financial and Investment Officer Mollie Fadule will operate the company within the Japanese conglomerate.

    By • Oct. 2, 2023
  • A tall glass-and-steel apartment building next to two othrers.
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    Permission granted by The Cordish Cos.
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    PROJECT SPOTLIGHT

    Cordish Cos. opens third high-rise in Kansas City, Missouri

    Three Light, the latest addition to the $9.7 billion Power & Light District, includes visual tributes to local jazz legends.

    By • Oct. 2, 2023