Residential Building

  • office of Silicon Valley Bank
    Image attribution tooltip
    Justin Sullivan/Getty Images via Getty Images

    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 • March 16, 2023
  • A building with white tags on all of its windows. A piece of construction equipment is parked nearby.
    Image attribution tooltip
    Permission granted by Bozzuto Construction
    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
  • A panoramic shot in New York City shows construction cranes dotting the skyline.
    Image attribution tooltip
    Alex Potemkin/E+ via Getty Images

    ‘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 • March 7, 2023
  • A lone wheel barrow stands on an abandoned construction site.
    Image attribution tooltip
    wilpunt / iStock / Getty Images Plus via Getty Images

    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 • Feb. 22, 2023
  • Workers do concrete work in front of a home under construction on May 15, 2017 in Chicago, Illinois.
    Image attribution tooltip
    Scott Olson via Getty Images

    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 • Feb. 16, 2023
  • A rendering shows a planned mass timber student housing building.
    Image attribution tooltip
    Courtesy of Turner Construction
    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 • Feb. 14, 2023
  • An apartment building under construction.
    Image attribution tooltip
    CHUNYIP WONG via Getty Images

    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
  • Statue of Liberty and New York City Skyline with Manhattan Financial District, Battery Park, Water of New York Harbor, World Trade Center, Sail Boat and Dramatic Orange and Blue Sunset Sky with Clouds
    Image attribution tooltip
    OlegAlbinsky via Getty Images

    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 • Feb. 2, 2023
  • A 3D-printed home module is being slowly let down by an industrial machine that has straps around the building. It's a sunny day in a residential area.
    Image attribution tooltip
    Courtesy of Mighty Buildings
    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
  • New homes construction site. Framed houses. Lumber. Building. - stock photo.
    Image attribution tooltip
    fstop123 via Getty Images

    ‘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 • Feb. 1, 2023
  • Wood-framed apartment building under construction.
    Image attribution tooltip
    Maudib via Getty Images

    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
  • Gov. Phil Murphy signs legislation
    Image attribution tooltip
    Courtesy of Office of Gov. Phil Murphy

    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 • Jan. 23, 2023
  • Construction workers are on a platform. The platform is also under construction, and workers wear safety gear.
    Image attribution tooltip
    Michael M. Santiago via Getty Images

    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 • Jan. 19, 2023
  • A woman at work in construction
    Image attribution tooltip
    Permission granted by MFRG-ICON
    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 • Jan. 12, 2023
  • A Wall St. sign with American flags in the background next to the New York Stock Exchange (NYSE).
    Image attribution tooltip
    Spencer Platt via Getty Images

    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
  • A rendering of an apartment community.
    Image attribution tooltip
    Courtesy of StreetLights Residential

    $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
  • Pattern of brick glass window building
    Image attribution tooltip
    krblokhin via Getty Images

    Apartment transactions plummet

    The multifamily sales market won't take off until interest rates stabilize, says CBRE exec.

    By Leslie Shaver • Dec. 6, 2022
  • Gavel sitting on paper saying class action suit
    Image attribution tooltip
    Bill Oxford via Getty Images

    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
  • Edgewater modular project
    Image attribution tooltip
    Permission granted by Volumetric Building Companies
    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 • Nov. 8, 2022
  • ABC Construction at The Boro on Thursday, June 28 in Tysons, VA.
    Image attribution tooltip
    Permission granted by Associated Builders and Contractors

    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 • Nov. 1, 2022
  • City skyline from above over highways.
    Image attribution tooltip
    Sean Pavone via Getty Images

    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
  • Image attribution tooltip
    Drew Angerer via Getty Images

    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 • Oct. 28, 2022
  • Meta data center in Kuna, Idaho
    Image attribution tooltip
    Courtesy of Meta

    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 • Oct. 26, 2022
  • The Statue of Liberty from its right side at dusk, with New York's skyline as a backdrop.
    Image attribution tooltip
    Drew Angerer via Getty Images

    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 • Oct. 25, 2022
  • High-rises in the distance. People walking along boulevard in the rain in the foreground.
    Image attribution tooltip
    Win McNamee via Getty Images

    $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