With the soaring cost of building materials, developers, builders, and contractors want the best floor system to build faster/cheaper for their projects. Luckily, you have options! Read on! Moxy Hotel – Omaha, NE. Picture courtesy of Hawkeye Hotels and New Generation Construction (NGC) A floor framing system is a set of structural elements that supports a […]

As a developer, you must make difficult decisions in order to keep costs low, especially now with inflation rates, materials shortages, and delays. From the design process to the construction of your project, you must decide which direction to go when it comes to the materials to use in your development. So today, we dive […]

The U.S. has a severe housing shortage due to home prices and rents soaring nationwide. Home prices have increased more than 30% over the past couple of years, making homeownership impossible for millions of Americans. So why is this happening, and what can developers do about it? Why is this happening? According to the Freddie Mac […]

Apartment developers are subject to a variety of regulations at all levels of government. According to research by the National Association of Home Builders (NAHB) and the National Multifamily Housing Council (NMHC), the regulation imposed by all levels of government accounts for an average of 40.6% of multifamily development costs. The highest average cost is […]

Using robots on the jobsite is technologically savvy, but more importantly, speaks to a commitment to safety and productivity. Robots can perform those repetitive and dangerous tasks increasingly unappealing to skilled laborers. Indeed, automation via robotic technology might be a solution to the labor crisis and a draw for young people to rejoin the construction […]

You keep hearing about how important good amenities are for a successful multifamily development. As a result, developers are putting more thought into outdoor areas, whether a roof, a terrace, or a courtyard. Adding an indoor or outdoor pool is an expensive investment, but is it still one you should consider? Swimming is the fourth most […]

What are transportation costs? Transportation costs are all the expenses related to the transportation of raw materials, finished products, and employees. Have these affected building materials costs? Read on! The price of truck transportation of freight increased 2.9% in May and has climbed 25.8%, year-over-year. Long-distance and local motor carrying prices are up 28.2% and 18.4%, respectively, […]

Demand remains strong in most regional markets across the U.S. As a result, the need for housing keeps rising. First-quarter data from RealPage shows historically unprecedented demand, occupancy, and rents in the multifamily market. What is the forecast for the Housing Market? Read on! Renters leased 700,000 additional apartments last year, more than doubling the five-year […]

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 […]

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 […]