Items Tagged with 'Multifamily development'

ARTICLES

  • Churches are taking on the affordable housing crisis

    Houses of faith are turning unused buildings and land into affordable housing projects
    Churches are taking a position on the frontlines of the affordable housing crisis, using their land to create new affordable housing developments. According to a report from Reuters and the World Economic Forum, churches around Washington, D.C., have begun to cobble together a new source of affordable housing supply using their land to stave off the affordable housing crisis.
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  • D Magazine: Dallas needs to step up its affordable housing game

    One of the nation's multifamily leaders is lagging in affordable housing, and the city is seeking change
    One of the nation’s multifamily leaders desperately needs to step up its affordable housing production. According to a recent study from RentCafé, Dallas-Fort Worth delivered exclusively luxury units in the first half of 2018 and according to a report from D Magazine, the city is well behind its goal of adding 20,000 affordable housing units.
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  • The Green Bay Packers want all the Millennials to live next door

    Team is making a play for Millennials with a mixed-use development across from Lambeau Field
    The Green Bay Packers are building more than 200 housing units, 150 of them for rent and 90 for sale, right across from Lambeau Field. According to a report from Bloomberg by Justina Vasquez and Patrick Clark, this residential project is phase two of the Packers mixed-use real estate bid for Millennial’s interest, Titletown.
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  • NIMBYism is depressing multifamily developers

    “Not In My Backyard” is keeping some developers from building
    Multifamily developers’ confidence in the health of the market fell over the last few months, thanks to a combination of factors, including the threat of rising construction costs due to tariffs and NIMBYism standing in the way of new multifamily developments getting off the ground.
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  • Aussie invasion? Two Australian financial giants plan to build $2 billion U.S. multifamily portfolio

    U.S. multifamily's strong performance is attracting new foreign investment
    U.S. multifamily has had the favor of U.S. investors for quite some time, but it seems tales of its boons have stretched to the land down under. Australian companies Lendlease and First State Super are teaming up to invest some serious capital in U.S. multifamily assets.
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  • In the pipeline: Navigating this multifamily sellers' market

    Settle in for a long, slow climb as multifamily housing takes center stage
    The multifamily market is in on hold as far new starts go with the exception of an odd permitting blip registered over the course of March, in which permit numbers spiked by 19%. That aside, researchers are predicting a slowdown in new construction starts as the market is full-up on Class-A product, and construction costs don’t allow for them to build Class-B product.
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  • Fannie Mae wants affordable housing developers to focus on resident wellbeing

    GSE now offer loan discounts for certain multifamily properties
    Last year, Fannie Mae launched a program designed to increase the development of healthy living options for residents of affordable, multifamily rental properties. Now, Fannie Mae is rolling out a new program feature encouraging developers to focus more on the health and wellbeing of their residents by offering a lower borrowing rate.
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  • Fannie Mae rolls out Healthier Housing Rewards for multifamily properties

    Now offering price break for developers who include healthier design elements
    Fannie Mae this week rolled out a new program designed to boost the development of healthy living options for residents of multifamily properties. The program, called Healthy Housing Rewards, is an initiative that targets the developers and offers them an incentive to include healthy design features for newly constructed or rehabilitated affordable, multifamily rental properties.
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  • Multifamily development picks up despite falling demand

    Developers banking on demographics and job growth
    Recent statistics show that the majority of new renters might not be searching for traditional multifamily housing; instead, they’re renting single-family homes. So is all the multifamily development in vain? That's the question being thrown around with single-family homes still a dominant force in the housing market.
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