Sentences with phrase «says multifamily developers»
Next year, Siilaberg says multifamily developers will add another 400,000 units.
http://www.nreionline.com/ Not exact matches
Capital One will still provide loans for affordable housing and multifamily financing to real estate developers and investors, a spokesman said.
«Developers are looking at green buildings as the new standard,» says Jamie Woodwell, senior director of commercial and multifamily research at the Mortgage Bankers Association.
How much differentiation multifamily developers need to incorporate into their properties and marketing programs will vary by neighborhood, say experts.
For years, developers have been starting construction on new multifamily communities; meanwhile, demographers have said reassuring things about the demand for apartments, encouraging developers to start construction on even more new multifamily communities.
«Capital is limited in this current market, and developers are having a difficult time obtaining the credit needed to finance the development of new apartments,» says W. Dean Henry, president of Legacy Partners Residential in Foster City, Calif., and chairman of NAHB's Multifamily Leadership Board.
Although improvement has been shown in the multifamily segment, builders and developers say credit restrictions are affecting recovery.
«A very tight construction labor market is going to get even worse,» says Bill McDonald, president and chief investment officer of Mill Creek Residential, a multifamily developer.
Noting that office is a more volatile product type than multifamily or industrial, Situs RERC President Ken Riggs says, «On the demand side, office fundamentals look good, but on the supply side office markets are measured by whether banks are willing to give developers money to do projects.»