Keeping up with trends and updates of 2021, today I talk about a term used in development—Opportunity Zones. Not sure what it is and how you can benefit from it—read on!
What is an Opportunity Zone?
An Opportunity Zone is an economically-distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment. Localities qualify as […]
Material shortages are a widespread concern for all U.S. industries—the multifamily building industry being one. According to the National Association of Home Builders (NAHB), the rise in lumber prices in the past year has added $35,872 to the price of an average new single-family home and $12,966 to the market value of an average new multifamily home.
Skyrocketing […]
Lately, we’ve talked a lot about multifamily products–this is where most of our work has been in the last year. We see an interesting trend popping up–over the last 4 weeks: a dramatic increase in the number of hotel projects moving again! It was certainly a rough 12 months for hotel development, but we see some great signs […]
As you already know, we are engaged in the 4th Industrial Revolution, and it’s hard to keep up with the many innovations in the construction industry. We know you can’t afford to fall behind on this—that is why this week, I give you a brief overview of robotics and how you can leverage automated modular methods to […]
For the past two weeks, I have discussed elevators—if you need one and what type? Now for the fun part! Today I download everything you need to know about Modular Elevators.
What is a Modular Elevator?
Modular elevators are turn-key, commercial-grade elevators that are manufactured offsite for speed and quality. They arrive on-site with a prefabricated structural body containing a steel shaft […]
Last week we spoke about elevators—if they were needed or not! Since projects often require elevators, today we are going to describe the different types.
Elevators are designed and fitted according to the building’s population capacity and code requirements. In the past, most elevators had to be controlled through a centralized machine room. Today, most elevators don’t […]
Lately, I have discussed amenities for multifamily projects. Now it’s time to talk about elevators! Does your project need one? If so, how do you select one? I am here to help.
Do I Need an Elevator?
Elevators are the most common way to provide inclusive access to multistory buildings. They are often the only way residents with accessibility needs […]
Builders are struggling right now to put up entry-level homes at a reasonable price. The high costs of land, labor, materials, and regulation make building low-cost homes less lucrative for developers, shifting the market towards rental properties and apartment communities.
With the current migration to the suburbs, renters are looking for additional space and a neighborhood […]
As discussed in a previous week’s newsletter about trending amenities, many aspects of American life have been significantly impacted by the pandemic, changing the way we live and work. Due to the shifting economy, rise in remote work opportunities, and desire to relocate to less densely populated areas, people have decided to move. Where is everybody going?
Around one-in-five […]
The world of multifamily amenities has significantly changed in the past year and renters are willing to pay more if it means living in a unit that has premium amenities and upgrades that make their day-to-day lives easier and more enjoyable. In a Schlage and Wakefield Research survey of 1,000 U.S. multifamily renters, 86% of millennials say they […]
