Developers: Here’s where to build in 2022

The rise of remote work has substantially affected where and how people live, as seen in the changing relationship between housing and commute times. Homebuyers have placed greater importance on affordability and space than proximity to work. Where’s everyone going? Read on. Suburban housing markets are seeing high demand and rapidly rising prices, forcing some buyers […]

Multifamily Amenities | Increase Your Rental Rates!

The amenities found in a multifamily development have become the YES factor for tenants. Amenities such as a pool, fitness center, business center, indoor court, game room, dog park, and outdoor grilling and dining areas are just some of those great add-ons that can boost your project. It’s time to amp up your multifamily development with some […]

Multifamily Trends | Amenities that Boost Rental Rates

With the rise in popularity of multifamily developments, new market trends have disrupted the industry. Pools, playgrounds, and dog parks remain the overall top amenities in communities. But how are renter preferences changing as it relates to in-unit amenities?  Read on! Shifting the population away from urban areas is still a significant trend in multifamily product development […]

Developers | Is 2022 the year for modular?

Modular construction in the U.S. has grown significantly in the past few years. The increased productivity and lower costs are the driving factors to embrace modular construction. Builders have found ways to construct faster, safer, and reduced labor costs—modular construction is the key! Our team partners with developers and general contractors to rethink traditional building […]

Solar Power | Is It Worth It?

Multifamily building developers and owners are looking for cost-saving design solutions that can boost the value of their properties. One strategy to consider is integrating or adding solar photovoltaics (PV). Should you add this feature to your next project? For real estate developers, now is the best time to install a solar energy system in their […]

Construction Cost Insights: Construction Delays

Nearly 90% of GCs are experiencing project delays! Supply chain problems, labor shortages, and permitting delays make it nearly impossible to build. In addition, building materials prices continue to soar. Photo created by bearfotos – www.freepik.com Many construction materials and commodities are seeing double digit year-over-year cost increases with steel and diesel experiencing some of the […]

Developers: Multifamily rent growth increases 27%!

Market confident for multifamily housing improved during 2021’s fourth quarter and exceeded normal seasonal patterns.1 Average asking rents rose $10 in February, reaching another record of $1628. At the end of 2020, significant rent decreases occurred in large metro suburban areas, small metro suburbs, and non-metro/ non-micro counties (rural areas). One year later, there has […]

Developers | The next MUST HAVE Apartment Amenity?

Electric vehicles (EV) are becoming increasingly popular across the U.S. Clean-powered, environmentally-friendly EVs are here to stay. Electric cars are gaining momentum with growing concerns over climate change and living more sustainable lives. Do you need this amenity in your project? Read on. EVs require specialized charging stations, which must be planned early in your design. […]

Developers: Don’t waste $100,000 on this overdesign

With materials costs soaring at a record pace, developers must get creative to meet proforma budgets. Fire Dampers are regularly included during the design process and can be more expensive than you think. Do you really need them? What is a Fire Damper (and is it required)? Fire dampers are passive fire protection products used in HVAC […]

Developers: Townhome Development = A growing trend?

The forecast for townhouse constructions remains strong, especially given the growing numbers of homebuyers looking for medium-density residential neighborhoods. One popular option is the urban village, offering walkable environments as well as other attractive perks and amenities. Should your next multifamily project be a Townhouse design? Read on! Townhouses present a potential solution to the high-density living […]