In 2024, the residential construction sector experienced a unique combination of stable input prices and modest growth, according to data from the Bureau of Labor Statistics (BLS). The December Producer Price Index (PPI) report revealed that prices for inputs to new residential construction
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
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
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,
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
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.
