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Building Tech | Feb 20, 2024

Construction method featuring LEGO-like bricks wins global innovation award

A new construction method featuring LEGO-like bricks made from a renewable composite material took first place for building innovations at the 2024 JEC Composites Innovation Awards in Paris, France.

Sports and Recreational Facilities | Feb 19, 2024

Sports stadium developers sweeten projects with affordable housing to gain support

In recent years, sports stadium developers have been including affordable housing in their projects to win support from local governments and community activists.

MFPRO+ News | Feb 15, 2024

Oregon, California, Maine among states enacting policies to spur construction of missing middle housing

Although the number of new apartment building units recently reached the highest point in nearly 50 years, construction of duplexes, triplexes, and other buildings of from two to nine units made up just 1% of new housing units built in 2022. A few states have recently enacted new laws to spur more construction of these missing middle housing options.

Multifamily Housing | Feb 14, 2024

Multifamily rent remains flat at $1,710 in January

The multifamily market was stable at the start of 2024, despite the pressure of a supply boom in some markets, according to the latest Yardi Matrix National Multifamily Report.

Industry Research | Feb 8, 2024

New multifamily development in 2023 exceeded expectations

Despite a problematic financing environment, 2023 multifamily construction starts held up “remarkably well” according to the latest Yardi Matrix report.

Senior Living Design | Jan 24, 2024

Former Walgreens becomes affordable senior living community

Evergreen Real Estate Group has announced the completion of Bellwood Senior Apartments. The 80-unit senior living community at 542 25th Ave. in Bellwood, Ill., provides independent living options for low-income seniors.

Affordable Housing | Jan 18, 2024

Habitat tops off second apartment building at 43 Green

The co-developers of 43 Green celebrate the latest milestone for the $100 million, mixed-income, mixed-use project in Bronzeville: topping off Phase 2 while reaching full lease-up of the Phase 1 apartment building.

Affordable Housing | Jan 16, 2024

Construction kicks off on $237.9 million affordable housing project in Brooklyn, N.Y.

Construction recently began on an affordable housing project to create 328 units for low-income and formerly homeless populations in Brooklyn, N.Y.

Multifamily Housing | Jan 15, 2024

Multifamily rent growth rate unchanged at 0.3%

The National Multifamily Report by Yardi Matrix highlights the highs and lows of the multifamily market in 2023. Despite strong demand, rent growth remained unchanged at 0.3 percent.

Adaptive Reuse | Jan 12, 2024

Office-to-residential conversions put pressure on curbside management and parking

With many office and commercial buildings being converted to residential use, two important issues—curbside management and parking—are sometimes not given their due attention. Cities need to assess how vehicle storage, bike and bus lanes, and drop-off zones in front of buildings may need to change because of office-to-residential conversions.

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