-
Oct 29, 2024 | 
bdcnetwork.com | Quinn Purcell
Photo courtesy Adobe Stock Continue Reading The editors of Building Design+Construction are looking to feature a roundup of office building projects for 2024. Projects must have been completed in the last 18 months. We are also accepting office-to-residential conversion projects completed in the last 18 months as well. There is NO COST for submitting your project!The projects will be featured online at BDCnetwork.com later this year.
-
Oct 15, 2024 | 
bdcnetwork.com | Quinn Purcell
Photo courtesy Adobe Stock Continue Reading The average multifamily rent fell by $3 in September to $1,750, while year-over-year growth was unchanged at 0.9 percent. The Yardi Matrix Multifamily National Report finds that advertised rents fell slightly in September due to seasonality and supply growth in the Sun Belt. Recent economic news like interest rate cuts and robust GDP and job growth have given the multifamily market a ‚Äúshot in the arm,‚ÄĚ the report states.
-
Oct 4, 2024 | 
bdcnetwork.com | Quinn Purcell
Betances Family Apartments, Bronx, N.Y., brings 101 affordable housing units to the city. Photo © Alexander Severin, courtesy Think! Architecture and Design Continue Reading As affordable housing continues to grow, more projects are looking to diversify their footprint by adding mixed-use components, community areas, and more.
-
Oct 1, 2024 | 
bdcnetwork.com | Quinn Purcell
Corgan partnered with QTS in the master planning and construction of the QTS Project Granite Data Center in Atlanta, now recognized as the most connected facility in the southeast. Photo © Kurt Griesbach, courtesy Corgan Continue Reading There is near universal consensus that the data center market is growing rapidly.
-
Oct 1, 2024 | 
bdcnetwork.com | Quinn Purcell
Black Rock Casino, Kazakhstan, designed by SOSH. Photo courtesy WATG Continue Reading Entertainment design firm WATG has acquired SOSH Architects, an interior design and planning firm based in Atlantic City, N.J. The former SOSH office will now begin operating as the ninth regional office in WATG’s global framework. Both firms are known for specializing in architecture and interior design for the hospitality and entertainment sectors.
-
Sep 23, 2024 | 
bdcnetwork.com | Quinn Purcell
Photo courtesy Adobe Stock Continue Reading Over the last 50 years, the U.S. has changed in numerous ways. The rise in technological innovation, population growth, and the constant push for urban development are just a few facets of note. Research platform StorageCafe has conducted an analysis of U.S. real estate activity from 1980 to 2023, focusing on six major sectors: single-family, multifamily, industrial, office, retail, and self-storage.
-
Sep 17, 2024 | 
bdcnetwork.com | Quinn Purcell
University of California, Irvine Calif., Brandywine student housing. Photo courtesy Adobe Stock Continue Reading As the summer season winds down, student housing performance remains strong. Preleasing for Yardi 200 schools rose to 89.2% in July 2024, falling just slightly behind the same period last year. Averaged advertised rent per bed was $897 in July‚ÄĒup 4.7% year-over-year (YOY) according to the Matrix Student Housing National Report for August 2024.
-
Sep 11, 2024 | 
bdcnetwork.com | Quinn Purcell
Photo courtesy Adobe Stock Continue Reading Ending its six-month streak of growth, the average advertised multifamily rent fell by $1 in August 2024 to $1,741. Year-over-year growth remains largely unchanged at 0.8%. According to the Yardi Matrix Multifamily National Report for August, the market's streak of rent growth was impacted by seasonality and the high number of deliveries to Sun Belt cities. However, demand still remains as the national occupancy rates sits at 94.7%.
-
Aug 21, 2024 | 
bdcnetwork.com | Quinn Purcell
Photo courtesy Adobe Stock Continue Reading Property management and development firm Greystar is expanding its reach into infrastructure with the hire of Michael Hoverman as the Executive Director of Infrastructure. Greystar's strategy for infrastructure is driven by the shifting landscape of today's cities—primarily in the increased digitization, urbanization, and transitions to clean energy.
-
Aug 9, 2024 | 
bdcnetwork.com | Quinn Purcell
Photo courtesy Adobe Stock Continue Reading While the U.S. continues to maintain a steady pace of delivering new apartments, this year will be one for the record books. For the first time ever, new apartment completions will surpass the 500,000-unit threshold in 2024. By the end of the year, a staggering 518,108 units are expected to be completed, according to a recent RentCafe report.
