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Multifamily Housing | Mar 19, 2024

Jim Chapman Construction Group completes its second college town BTR community

JCCG's 200-unit Cottages at Lexington, in Athens, Ga., is fully leased.

Multifamily Housing | Mar 19, 2024

Two senior housing properties renovated with 608 replacement windows

Renovation of the two properties, with 200 apartments for seniors, was financed through a special public/private arrangement.

MFPRO+ New Projects | Mar 18, 2024

Luxury apartments in New York restore and renovate a century-old residential building

COOKFOX Architects has completed a luxury apartment building at 378 West End Avenue in New York City. The project restored and renovated the original residence built in 1915, while extending a new structure east on West 78th Street. 

Multifamily Housing | Mar 18, 2024

YWCA building in Boston’s Back Bay converted into 210 affordable rental apartments

Renovation of YWCA at 140 Clarendon Street will serve 111 previously unhoused families and individuals.

MFPRO+ News | Mar 16, 2024

Multifamily rents stable heading into spring 2024

National asking multifamily rents posted their first increase in over seven months in February. The average U.S. asking rent rose $1 to $1,713 in February 2024, up 0.6% year-over-year.

Adaptive Reuse | Mar 15, 2024

San Francisco voters approve tax break for office-to-residential conversions

San Francisco voters recently approved a ballot measure to offer tax breaks to developers who convert commercial buildings to residential use. The tax break applies to conversions of up to 5 million sf of commercial space through 2030. 

Apartments | Mar 13, 2024

A landscaped canyon runs through this luxury apartment development in Denver

Set to open in April, One River North is a 16-story, 187-unit luxury apartment building with private, open-air terraces located in Denver’s RiNo arts district. Biophilic design plays a central role throughout the building, allowing residents to connect with nature and providing a distinctive living experience.

Affordable Housing | Mar 12, 2024

An all-electric affordable housing project in Southern California offers 48 apartments plus community spaces

In Santa Monica, Calif., Brunson Terrace is an all-electric, 100% affordable housing project that’s over eight times more energy efficient than similar buildings, according to architect Brooks + Scarpa. Located across the street from Santa Monica College, the net zero building has been certified LEED Platinum.

MFPRO+ News | Mar 12, 2024

Multifamily housing starts and permitting activity drop 10% year-over-year

The past year saw over 1.4 million new homes added to the national housing inventory. Despite the 4% growth in units, both the number of new homes under construction and the number of permits dropped year-over-year.

Affordable Housing | Mar 11, 2024

Los Angeles’s streamlined approval policies leading to boom in affordable housing plans

Since December 2022, Los Angeles’s planning department has received plans for more than 13,770 affordable units. The number of units put in the approval pipeline in roughly one year is just below the total number of affordable units approved in Los Angeles in 2020, 2021, and 2022 combined.

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