🏗️ Multifamily development is strong, with 1.2M units under construction this year, but new supply is expected to slow by 2026. Top developers like Greystar and Related Cos. remain optimistic, driving innovation with modular construction and community-focused projects. Read more about the 2024 Top Multifamily Developers and the latest trends shaping the future of housing. #RealEstate #MultifamilyDevelopment #HousingSupply #Innovation
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Check out this insightful article from Chandan Economics at Arbor on 'The Evolving Characteristics of Multifamily Construction.' It dives into the latest trends and innovations shaping the future of multifamily living. Perfect read for anyone in the real estate space! #MultifamilyConstruction #IndustryInsights #Construction #Multifamily #Heritageccs https://lnkd.in/gdKzPAqz.
The Evolving Characteristics of Multifamily Construction
arbor.com
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In growing NW Atlanta corridor, multifamily project moves forward
In growing NW Atlanta corridor, multifamily project moves forward
atlanta.urbanize.city
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https://lnkd.in/dquyAkz4 It's no secret - many commercial real estate investments are underperforming right now and have been for a while. That's why so many developers are looking to convert their properties into multifamily. Here's what you need to know: One of my favorite types of projects? Adaptive Reuse - a strategy that involves repurposing existing structures for a different use than originally intended. Here's how we've been able to help our clients unlock the value of their commercial properties and meet market demands. Commercial to Residential conversions are all the buzz right now - but is the ROI worth it? We think so. The national vacancy rate for commercial real estate is 17.9% and rising, with some cities seeing drastically higher vacancy rates. As market demand evolves, here's how we've seen our clients mitigate their risk and unlock hidden value by making the jump to residential. Is it time to pull the trigger on converting your commercial investments to multifamily? Over the last 12 years, we've handled countless adaptive reuse projects at DNA Workshop and become pros at unlocking your property's hidden value.
Converting Underperforming Commercial Real Estate to Multifamily Residential
https://dna-workshop.com
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🏠 Multifamily Construction Faces Major Slowdown 📉 New multifamily housing starts have plummeted by a staggering 52%, driven by high costs and severe labor shortages. Rising interest rates are adding fuel to the fire, making it tough for developers to kick off new projects. Read more 👉https://bit.ly/3LcBqsB Prefab can be a game-changer, helping to streamline timelines, cut costs, and alleviate labor pressures. #PrefabConstruction #MultifamilyHousing #ConstructionInnovation #Efficiency #CostSavings
Apartment starts plummet 52%
multifamilydive.com
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In growing NW Atlanta corridor, multifamily project moves forward
In growing NW Atlanta corridor, multifamily project moves forward
atlanta.urbanize.city
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In growing NW Atlanta corridor, multifamily project moves forward
In growing NW Atlanta corridor, multifamily project moves forward
atlanta.urbanize.city
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Struggling to make multifamily projects profitable in today's market? Learn practical strategies from Bohler's Chad Riddle, MBA in this insightful article on achieving success despite tight margins. #MultifamilyDevelopment #RealEstate
In today's pricey development landscape, penciling out profits for #multifamily projects can be challenging. In 2024, we're seeing developers prioritize practical amenities and suburban locations over luxury and urban complexities. With limited room to raise rents, many are turning to affordable and workforce housing, leveraging incentives to offset costs and boost returns. Market-rate developers are adjusting their strategies, but face stiff competition from seasoned affordable housing specialists. To succeed, developers focus on cost-effective design, avoid unnecessary spending, and seek guidance from land development experts to navigate the complexities of development. Bohler's Branch Manager, Chad Riddle, MBA, outlines key strategies for achieving profitability in multifamily projects amidst soaring costs. Read more in France Media Inc. ⬇️
Multifamily Balancing Act: How to Achieve Profit Despite Tight Margins
https://rebusinessonline.com
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📊 As we enter the second half of 2024, the multifamily real estate market is evolving with new trends and opportunities. Development is slowing, and interest rates might dip, but where should we focus our attention? Industry experts share insights on the key dynamics shaping H2 2024, from maximizing smaller amenity spaces to increasing transaction volumes and the role of tech in property insurance. Discover the top 10 multifamily trends that will impact design, development, investment, and finance for the rest of the year. Read the full article here: https://lnkd.in/eT8Yjc-v
10 Multifamily Trends Shaping H2 2024
https://www.multihousingnews.com
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Amidst a 19.3% year-over-year decline in overall housing starts, multifamily developers completed 479,000 units, showcasing a 0.8% increase in deliveries. This underscores the complex balance between new supply and its impact on market dynamics. 📉 #ConstructionNews #RealEstateDevelopment #MarketDynamics
Apartment Starts Plummet 52%
multifamilydive.com
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U.S. multifamily housing is experiencing a significant pullback in new construction, even as the number of units that began construction in the past two years is expected to reach a 40-year high. While 675,000 units were added this year, construction starts on rental apartments, after peaking in the first quarter of 2022 at 211,000 units, have since plummeted 70% to just 65,000 units starting construction in the third quarter, reflecting a dramatic shift in market dynamics.
Multifamily construction slows sharply
costar.com
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