Amid an evolving economic landscape, the United States saw overall construction spending remain steady in November, holding at $2.15 trillion, seasonally adjusted. This figure matched October's total but marked a 3% increase from the same period last year, reflecting both resilience and emerging
The U.S. Department of Justice (DOJ) has recently taken a bold step in the fight against potential misconduct in the housing market by filing a lawsuit against six of the nation’s largest landlords. This legal action accuses these landlords of engaging in a price-fixing scheme utilizing RealPage’s
New York City residents, particularly condo and co-op owners, are grappling with the financial impact of complying with Local Law 97. Mandating significant reductions in greenhouse gas emissions from large buildings by set intervals until 2050, this ambitious legislation is causing concern among
The use of artificial intelligence (AI)-powered rent-pricing programs by RealPage, a property-management software company, has sparked significant debate regarding its impact on rental prices in metro Atlanta. This article delves into the alarming increase in monthly rental costs attributed to
The construction industry is poised at a critical juncture as it heads into 2025. Contractors are bracing for a myriad of challenges, from fluctuating material costs to the pressures of inflation and interest rates. Understanding these factors is crucial for navigating the complexities of the
The Ryan Companies' recent application for changes in the construction plan at St. Paul's Highland Bridge, formerly the Ford Motor Co. manufacturing campus, has sparked a mix of reactions from city officials and the general public. As the proposed deviations from the original master plan raise
In an ambitious move poised to significantly impact the Build to Rent (BTR) sector, Placefirst and Strata have partnered to deliver over 500 single-family housing (SFH) BTR homes by 2028. This collaboration, facilitated by KPMG Corporate Finance's advisory services, marks Placefirst’s first foray
The comprehensive renovation undertaken by VF Developments, LLC—a minority and female-owned firm—at "The Grove," a 1960s-era mid-century modern multifamily apartment community, serves as a testament to the potential of thoughtful, inclusive urban redevelopment. Located in the Congress North
Revitalizing small-town main streets and aging neighborhoods is a complex but rewarding process that requires a multifaceted approach. This article explores the efforts and strategies employed by brokers John Hitchcock and Patrick Yandura in transforming a small town and Mike Keen's incremental
The second quarter of 2024 has seen a remarkable surge in the launch and completion of Build to Rent (BTR) schemes across the UK, underscoring the growing momentum in this sector. This new wave of residential development is reshaping the rental landscape, offering a blend of high-quality living
