Developers: 2022 Construction Costs Update

Building materials costs soared at a record pace last year due to pandemic-related troubles that overwhelmed global production and supply chains. According to the latest Producer Price Index (PPI) report, costs of materials are still sky-high. Here’s an updated look at building materials prices.

Building materials prices increased 20.3%, year-over-year, and have risen 28.7% since January […]

By |February 23rd, 2022|Hotel Construction, Hotel Design, Hotel Development|0 Comments

2022 Insights: Interior Design Trends that Sell!

Designing multifamily properties requires a gentle balancing act. Developers who play it too safe might not make the right move they need to stand out in a crowded marketplace. Those who go too far risk turning away from potential renters. Creating an atmosphere of comfort, charm, and functionality within the project’s budget is the goal. Read […]

By |February 16th, 2022|Hotel Construction, Hotel Design, Hotel Development|0 Comments

Demand for Apartments Remains Strong! It’s Time to Get in!

Demand for apartments remains strong, and the national occupancy rate has been at or near record highs for the last six months. The apartment market experienced robust growth in 2021. Last week we talked about how the demand for market-rate apartments in 2021 soared far above the highest levels on record. Now, the multifamily market continues to […]

By |February 9th, 2022|Hotel Construction, Hotel Design, Hotel Development|0 Comments

Apartment Demands Hits a Record High!

Multifamily remains one of the more attractive property developments within the real estate market. Despite the complex economic conditions that 2021 left us with and the demographic shifts caused by migration patterns, multifamily housing has become the strongest market in real estate for investors seeking stable and attractive returns. This has pushed the multifamily market to record-breaking […]

By |February 2nd, 2022|Hotel Construction, Hotel Design, Hotel Development|0 Comments