-
1 month ago | 
multifamilyexecutive.com | Bendix Anderson
With financing from Citi Community Capital, the 341-unit View at San Bruno is being developed by Jemcor Development Partners in San Bruno, California. KTGY Top lenders are planning to close billions of dollars in financing to affordable housing properties in 2025. However, interest rates, construction costs, low-income housing tax credit (LIHTC) pricing, and even federal policy have become more unpredictable.
-
1 month ago | 
housingfinance.com | Bendix Anderson
Top lenders are planning to close billions of dollars in financing to affordable housing properties in 2025. However, interest rates, construction costs, low-income housing tax credit (LIHTC) pricing, and even federal policy have become more unpredictable. Developers and lenders are determined to carry on anyway, structuring new deals to finance developments to create and preserve affordable housing properties.
-
1 month ago | 
yieldpro.com | Bendix Anderson
Once upon a time, developers could build new housing that a household with an average income could afford—without substantial subsidies from government housing programs. Today, the cost of land, labor and construction materials is so high that most conventional developers set their rents high, too.
-
2 months ago | 
multifamilyexecutive.com | Bendix Anderson
Raymond Biesinger Saving money on energy is more important than ever in uncertain economic times. As every day seems to bring surprising headlines, apartment owners, developers, and managers are investing in technologies that make their buildings more resilient and more efficient. Advances in technology have made hardware like smart thermostats, wireless sensors, and even solar panels much less expensive.
-
2 months ago | 
urbanland.uli.org | Bendix Anderson |Beth Mattson-Teig
Fort Lauderdale, Florida, is experiencing increased flooding of local streets, even without major rain events or high winds, and residents are demanding answers. While many are calling on the city to elevate certain streets above the floodplain, ULI experts caution this is the least desirable solution because it can have severe negative consequences on nearby homes and businesses.
-
Mar 3, 2025 | 
multifamilyexecutive.com | Bendix Anderson
Adobe Stock/AI Smoking in apartment homes became illegal Jan. 1 in Carlsbad, California, (population 113,000), a wealthy, coastal city north of San Diego. So far, the law in Carlsbad is a rarity. However, apartment managers have a strong motive to discourage smoking. Tobacco smoke can damage apartments, staining paint and even starting fires. Secondhand smoke can irritate neighbors and damage their health. More and more apartment developers and owners are banning smoking in new apartments they build.
-
Feb 25, 2025 | 
urbanland.uli.org | Bendix Anderson |Michele Lerner |Brett Widness |Simon Chinn
Embarking upon a career in real estate can seem almost impossible for a young person starting without money and the right connections. That’s especially true in a place like New York City, where barriers to entering the real estate business are high. “Opportunities are scarce,” said Kirk Goodrich, president of Monadnock Development, based in Brooklyn. That’s true for many people beginning careers in real estate—and especially true for African Americans and other people of color.
-
Feb 6, 2025 | 
urbanland.uli.org | Bendix Anderson
Speakers mixed good news and uncertainty at the "ULI New York: Real Estate Outlook 2025" event, held January 22, 2025, at the Stern School of Business at New York University in Manhattan by ULI New York in partnership with NYU Stern | Chen Institute.
-
Jan 31, 2025 | 
yieldpro.com | Bendix Anderson
Several hurricanes and tropical storms tore wide paths of mayhem and destruction through the Southeast and Mid-Atlantic United States this year. Just one of these disasters, Hurricane Helene, caused more than $87 billion in damage. Hurricane Milton caused more than $85 billion. As this magazine goes to press in November 2024, the Atlantic hurricane season has already produced 17 named storms including five hurricanes.
-
Jan 28, 2025 | 
multifamilyexecutive.com | Bendix Anderson
Several leading apartment companies plan to buy, sell, or start to build more apartments in 2025 than they have in years—with many planning to do all three. Many believe the time is finally right to commit to plans they have delayed for years. As 2025 begins, new renters had signed leases at hundreds of thousands of new apartments. A strong U.S. economy has avoided recession. Short-term interest rates have finally begun to drop, though long-term rates are still volatile.
