Residential Building
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Bank failures cause uncertainty for contractors
The collapses of Silicon Valley Bank and Signature Bank could weaken this year’s outlook for commercial real estate and construction, an economist said.
By Sebastian Obando • March 16, 2023 -
Q&A
How multifamily builders are getting ahead of inflation
Bozzuto Construction’s newly minted VP advocates for the use of 3D modeling tech to increase efficiency.
By Mary Salmonsen • March 15, 2023 -
‘We’re not going to have one’: AGC economist dismisses a 2023 recession
A strong U.S. economy should fend off recession concerns this year, said Ken Simonson, chief economist for Associated General Contractors of America.
By Sebastian Obando • March 7, 2023 -
Construction starts plummet 27%
The latest monthly numbers fell dramatically and were down 14% from a year ago, but market watchers say fundamentals are still strong.
By Joe Bousquin • Feb. 22, 2023 -
Residential contractors see a rebound on the horizon
Easing mortgage rates caused builder confidence to jump for the second consecutive month, according to the National Association of Home Builders.
By Sebastian Obando • Feb. 16, 2023 -
Project Wins
Turner Construction, Clark Builders win $54.5M mass timber student housing project
The facility at the University of Fraser Valley near Vancouver is being funded to a large degree by the province of British Columbia.
By Joe Bousquin • Feb. 14, 2023 -
How multifamily developers are keeping the construction pipeline flowing
Panelists at the NMHC Apartment Strategies Conference offered a glimpse at their 2023 strategies.
By Multifamily Dive Staff • Feb. 3, 2023 -
Top 10 metros for construction starts
Even when adjusted for inflation, commercial and multifamily starts were robust in 2022 as projects moved back toward urban cores, according to a new report.
By Sebastian Obando • Feb. 2, 2023 -
Q&A
Why 3D printing is still flat in commercial construction
Building codes — not capabilities or design — are holding the technology back, according to an engineering firm executive.
By Chris Wood • Feb. 1, 2023 -
‘Recession is underway’ for home builders
The downturn will expand to the rest of the U.S. economy this year via slowing economic output and rising job losses, the NAHB’s chief economist said Tuesday.
By Jennifer Goodman • Feb. 1, 2023 -
3 reasons why labor, material and land prices may ease for multifamily developers
The cost of building new apartments should moderate this year, experts say.
By Leslie Shaver • Jan. 24, 2023 -
NJ law allows contractors to use private inspections
The law codifies a three-day inspection turnaround and allows developers to contract with private agencies if local officials cannot do so in that time frame.
By Sebastian Obando • Jan. 23, 2023 -
OSHA inspected more construction sites last year than any other workplace
OSHA Regional Administrator Stephen Boyd spoke candidly about the industry’s fatality numbers at AGC’s health and safety conference this week.
By Zachary Phillips • Jan. 19, 2023 -
Q&A
Phoenix-area project engineer says ‘no two days are alike’ in construction
ICON’s Kathy Gilmore has worked on a range of projects including institutional, museums and affordable housing.
By Jennifer Goodman • Jan. 12, 2023 -
Lennar postpones plans to spin off multifamily subsidiary
The builder is going to "wait for the right timing" to spin off Quarterra, according to CEO Stuart Miller.
By Leslie Shaver • Dec. 22, 2022 -
$3B Dallas-area master plan to break ground this month
The Mix will offer approximately 3 million square feet of residential space on a 112-acre site.
By Mary Salmonsen • Dec. 14, 2022 -
Apartment transactions plummet
The multifamily sales market won't take off until interest rates stabilize, says CBRE exec.
By Leslie Shaver • Dec. 6, 2022 -
New suit alleges RealPage, Greystar, others colluded on student housing
The class-action lawsuit accuses 10 companies of using RealPage’s systems to inflate student housing rents across the U.S.
By Leslie Shaver • Nov. 10, 2022 -
Deep Dive
Multifamily developers embrace modular building
The sector is turning to prefabrication to speed up project deliveries, but not for any real cost savings during the construction phase, experts say.
By Sebastian Obando • Nov. 8, 2022 -
Investment in structures tumbles in Q3
Real nonresidential investment posted its steepest decline since the second quarter of 2020, even as the U.S. economy expands, according to an Associated Builders and Contractors report.
By Sebastian Obando • Nov. 1, 2022 -
Top markets to buy, sell apartment buildings
Two Texas cities lead the nation in apartment deal volume as Manhattan makes a major jump.
By Leslie Shaver • Oct. 31, 2022 -
NYC law targets construction sites as part of new rat abatement program
The New York City Council passed the Rat Action Plan Thursday to help address the Big Apple’s notorious rodent problems.
By Sebastian Obando • Oct. 28, 2022 -
Construction starts fall again
Project kickoffs are down for a second consecutive month nationally, but are still up from last year, according to Dodge Data & Analytics.
By Sebastian Obando • Oct. 26, 2022 -
NYC construction spending reaches all-time high of $86B
The New York Building Congress’ strong outlook for the city’s building industry could be hampered by a lack of tax incentives for multifamily projects and other headwinds, per its report.
By Sebastian Obando • Oct. 25, 2022 -
$603B worth of apartments lie in Hurricane Ian’s path
As the mega storm ravages Florida, multifamily is the most vulnerable commercial real estate sector.
By Leslie Shaver • Sept. 29, 2022