Tag: multifamily

December 15, 2023

Over 1.2 million new apartment units opened across the country between 2018 and 2022 — a record-high period for new supply growth. Some areas have seen a greater share of this growth than others by drawing in new residents, who […]

November 29, 2023

Project awards are the lifeblood of every construction firm, as they indicate new work and future revenue. Here, Construction Dive tracks the top project wins recently announced by the country’s biggest contractors, ranging from a solar facility and a port […]

February 3, 2023

Apartment developers are getting creative in order to keep the construction pipeline flowing amid construction and capital challenges. Four of the developers leading those efforts described their approach to continue building new housing in a session at the 2023 NMHC […]

February 2, 2023

The top 10 metropolitan areas accounted for 40% of all commercial and multifamily starts in the U.S., up from 37% in 2021, according to the report. Commercial and multifamily starts consist of office, stores, hotels, warehouses, commercial garages and multifamily […]

November 30, 2021

Across the country, developers are placing big bets on mixed-use projects, many of them with budgets into the billions or hundreds of millions. In the Urban Land Institute’s 2022 Emerging Trends in Real Estate report, expectations for the performance of […]

October 1, 2021

The potential issues began with where Champlain Towers was constructed. An academic study found the building had been sinking two millimeters per year since the 1990s due to subsidence, or settling of the ground in what was once a marshland […]

August 27, 2021

ODA has completed a new multifamily structure in Washington, D.C.’s Navy Yard that comprises 465 apartments in a single square block. The project’s cascading facade creates a connection at the street level to provide the building with a transparent, approachable […]

March 9, 2021

Despite a disruptive pandemic, investor demand for multifamily real estate was strong in 2020, according to a newly released Yardi Matrix Bulletin. Around 252,000 apartment units were absorbed last year. That’s about 1.7% of total market stock and down 12% […]

February 12, 2020

While the value of multifamily starts declined overall, some of the top markets have been holding fairly steady and even saw starts increase last year. In fact, multifamily was the main driver of construction activity in York City last year, […]

January 24, 2020

To meet U.S. demand for multifamily housing, the industry needs to build about 328,000 units a year, which has only occurred twice since 1989, Sarah Yaussi, a spokesperson for the National Multifamily Housing Council (NMHC), told Construction Dive. Housing experts […]

January 7, 2019

Located on a 15.2 acre site in Lewisville, Texas, Lakeyard District, a new 364-unit multifamily community will comprise eight three-story buildings in a Texas Hill Country style. The buildings will feature stone, stucco, and wood accents. The development will feature […]