San Diego-based Tower 16 Capital Partners has secured the acquisition of Yardly McDowell, a 167-unit, build-to-rent (BTR) multifamily property for $46.5 million in Phoenix's West Valley. This purchase marks Tower 16's ninth in the Phoenix area and twelfth in the state of Arizona. Constructed in
In an era fraught with economic uncertainties and regulatory upheaval, the Associated General Contractors of America (AGC) has been particularly proactive in its lobbying efforts to mitigate the potential impacts of various federal policies on the construction industry. These efforts have included
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 Build to Rent (BTR) sector is on the cusp of significant transformation, driven by evolving preferences among renters and broader societal shifts. As we look toward 2025, several key trends are expected to shape the future landscape of BTR developments. Quintain Living, a leading Build to Rent
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 real estate industry has long been considered a stable yet complex market, often requiring significant capital and expertise to navigate. However, the advent of blockchain technology is poised to transform this traditional sector, making property investment more accessible and secure. At the
