Market Trends

Can Darren Pierce Lead ZRS Management to New Heights in Multifamily Market?
Construction Management Can Darren Pierce Lead ZRS Management to New Heights in Multifamily Market?

In a move that marks the culmination of years of strategic planning and growth, ZRS Management, one of the top 20 property management firms in the United States, has recently ushered in a new era with the appointment of Darren Pierce as its new CEO. Pierce steps into the shoes of Steve Buck, who

January 10, 2025
Construction Spending Stagnates in November with Mixed Segment Trends
Construction Management Construction Spending Stagnates in November with Mixed Segment Trends

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

January 10, 2025
Palm Beach County's Commercial Real Estate Set for Rapid Growth
Construction Management Palm Beach County's Commercial Real Estate Set for Rapid Growth

Palm Beach County's commercial real estate market is experiencing a significant surge in demand and growth, projected to continue through 2025. Known for its vibrant business environment, the region is attracting considerable interest due to several key factors, including post-COVID migration,

January 10, 2025
Are Landlords Using Algorithms to Illegally Fix Rental Prices?
Construction Management Are Landlords Using Algorithms to Illegally Fix Rental Prices?

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 r

January 10, 2025
Tower 16 Capital Acquires Yardly McDowell in Phoenix for $46.5M
Construction Management Tower 16 Capital Acquires Yardly McDowell in Phoenix for $46.5M

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.

January 9, 2025
Will REM Token Revolutionize Real Estate Investment with Blockchain?
Construction Management Will REM Token Revolutionize Real Estate Investment with Blockchain?

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

January 7, 2025
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