Sentences with phrase «in multifamily construction»

Although most of the improvement was due to a 74.5 % increase in multifamily construction, single - family starts increased nicely as well (up 10.7 %).

«Rental markets are extremely tight despite the relatively strong pickup in multifamily construction,» says the Harvard report.

The monthly gains are largely attributed to the increase in multifamily construction spending....

Based on demographic trends, the nation should see a stronger rebound in multifamily construction than in single - family construction in the years to come.

Based on demographic trends, the country should see a stronger rebound in multifamily construction than in single - family construction, Kansas City Fed senior economist Jordan Rappaport wrote in the most recent issue of the bank's Economic Review.

Not exact matches

But housing unit construction hasn't kept up — 13,852 units were added in 2017 and more than 90 percent of them were in multifamily buildings.

In contrast, multifamily construction is increasing considerably.

The three - year - old company already has $ 1.3 billion in construction contracts for multifamily, student housing and hospitality.

Nationally, real spending on new multifamily construction showed a long - term upward trend prior to the collapse of the housing bubble, and it has rebounded strongly in the aftermath of the collapse, such that it is currently near its 2006 all - time high.

Multifamily construction plummeted 26.1 % in February, after activity in this segment increased robustly in January.

HOUSTON — Retail follows rooftops, as the expression goes, but over the last decade in Houston, brick - and - mortar development and single - and multifamily construction have rarely moved at the same pace.

Overall, U.S. housing starts dropped for the fourth time in five months, according to Commerce Department data, revealing that multifamily construction is slowing.

«The longer term outlook is especially positive for multifamily construction, reflecting the aging of the baby boomers and an associated shift in demand from single - family to multifamily housing.

Tuesday's groundbreaking marked the start of construction on three multifamily rental buildings with 138 affordable apartments in the Bronx called The Grand.

In addition, the complaint claims Glenwood has a «pattern and / or practice» of failing to comply with the federal law in its design and construction of multifamily dwellings — citing several other apartment buildings built by the company, such as the Brittany on the Upper East Side and the Paramount Tower on East 39th Street, as exampleIn addition, the complaint claims Glenwood has a «pattern and / or practice» of failing to comply with the federal law in its design and construction of multifamily dwellings — citing several other apartment buildings built by the company, such as the Brittany on the Upper East Side and the Paramount Tower on East 39th Street, as examplein its design and construction of multifamily dwellings — citing several other apartment buildings built by the company, such as the Brittany on the Upper East Side and the Paramount Tower on East 39th Street, as examples.

We're happy to report that the Heartland eREIT ™ has acquired its first asset, a preferred equity investment in the ground - up construction of a 324 - unit Class A multifamily property in a suburb of Aust...

Your portfolio has added a preferred equity investment in the construction of a 300 - unit Class A multifamily property in Sarasota, Florida.

Your portfolio has added a preferred equity investment in the construction of a 312 - unit Class A multifamily property in Indian Land, South Carolina.

Technical tracks dig in on critical design, construction and operational aspects with added tracks focused on residential and multifamily ZNE buildings as well as grid integration strategies.

• Technical tracks will dig in on critical design, construction and operational aspects with added tracks focused on residential and multifamily ZNE buildings as well as grid integration strategies.

If you're interested in high performance multifamily construction, download the guide.

The construction on Exceptional Green Living on Rosa Parks, a 20 - unit multifamily housing project composed of 93 retired shipping containers, will commence early next year in midtown Detroit.

«Modular is the future of multifamily construction and Full Stack Modular will be at the forefront of innovation in our industry.

Results - oriented established attorney with sharply honed research and analytical skills, extensive diversified professional training and 20 + years experience in all facets of real estate transactions and sales with a variety of product types including residential resale, new construction, multifamily, office / retail seeking to transition into a position within a larger organization that can better utilize my range of traini...

Extensive experience in single family and multifamily residential construction, with ove...

The pace of total housing construction fell back in April due to a large swing in the rate of multifamily development.

«For new construction and / or rehab projects in the Midwest and other locations, many borrowers are utilizing alternative sources of debt and equity, such as historic tax credits, new market tax credits and EB - 5 funding,» says Jim Doyle, senior vice president at Bellweather Enterprise, a commercial and multifamily mortgage banking company.

Multifamily developers have felt the brunt of the pullback in construction lending as that sector has seen the most development activity.

PNC returned to the multifamily construction market early in 2011, and in late 2015, the bank made a strategic decision to reduce construction loans to multifamily projects.

Meanwhile, multifamily construction doesn't appear to be abating either, in spite of significant levels of new supply already coming on the market.

And the preferences of young people for renting and this type of living defined that destiny and is a big reason for the trend,» said Frinzi, who has 25 years experience in multifamily residential construction.

Strong demand for housing, specifically in the Los Angeles area multifamily housing, set off a construction boom beginning in 2013 that has steadily accelerated.

According to a multifamily report from brokerage firm Marcus & Millichap, developers will complete 2,200 multifamily units in Detroit in 2016, the highest volume of new construction completed in 10 years.

While it varies with the demographics, Frinzi said the growth in market rate multifamily residential and student housing generally has outpaced the growth in new construction for senior multifamily residential or affordable multifamily residential.

They tightened real estate lending standards in the second quarter, particularly for construction, land development and multifamily projects, according to the Fed's senior loan officer survey, released in July.

January's solid 10 % rise in single - family housing construction in will help tame home price growth, and the increase in multifamily units should continue to help slow rent growth.

George Smith Partners arranged $ 105 million in construction financing for client GLJ Partners, for two new multifamily developments in the Inland Empire region of California, according to Vice President Malcolm Davies.

Livingston, NJ — Mark Scott's Commercial Mortgage Capital (CMC), a leader in real estate finance that arranges permanent, construction and mezzanine loans for a wide range of commercial properties including multifamily, office, retail, industrial and healthcare facilities primarily in New York, New Jersey and Connecticut, announced that it recently closed a three - year, $ 23 - million loan construction loan for a four - building luxury apartment complex located in Bordentown, NJ.

In the Los Angeles metro market, which tops the nation with $ 5 billion in current multifamily / mixed - use construction, many of the leading builders are at full capacity, and some have even had to turn away contracts due to the personnel shortagIn the Los Angeles metro market, which tops the nation with $ 5 billion in current multifamily / mixed - use construction, many of the leading builders are at full capacity, and some have even had to turn away contracts due to the personnel shortagin current multifamily / mixed - use construction, many of the leading builders are at full capacity, and some have even had to turn away contracts due to the personnel shortage.

A swath of new apartment construction coming onto the market is forecast to lead to an uptick (0.1 percent) in the multifamily vacancy rate.

Despite rising construction costs, investors and builders in the multifamily market expect that these costs will be offset by increased demand and rising rents.

Most banks are full on multifamily construction loans in particular.

Developers planning new apartment buildings today won't finish for two years or more in many parts of the country — when hundreds of thousands of apartments now under construction will have already softened the national multifamily...

«Both the volume and pace of new unit construction has been a concern in the multifamily space this year,» says Camilla Yanushevsky, senior analyst of real estate product operations for S&P Global Market Intelligence.

Last year «was a story on the big bank side of a step back, but not a step out, in construction lending for multifamily,» says Kim Liautaud, managing director and head of U.S. commercial real estate at BMO Harris Bank.

The most noticeable pullback has been for multifamily construction, which is not surprising given the building boom that has occurred in that sector in recent years.

Multifamily construction starts have dropped in 2017, but that's following a strong year in 2016.

SAN DIEGO — An upsurge in construction - defect lawsuits has slashed construction of multifamily buildings by 95 percent compared with a decade ago, home - building professionals claim.

At the same time, multifamily landlords including Equity Residential have contended with weakness in markets including Manhattan and San Francisco, where an apartment - construction boom has given residents more bargaining power and limited how much owners can raise rents.

Among them: A rise in «guest - like» services in multifamily buildings, celebrity - branded timeshares, a major consolidation of REITs, and a wave of new construction technologies that will drastically reduce the time required to build.