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Starwood Capital Chairman Barry Sternlicht speaking at a Bisnow event in 2018.
News

Sternlicht Says Market Waiting On Fed To 'Relent,' Warns Of Long-Term Interest Rate Fallout

... to hiring, he said. High rates have worsened the housing shortage by slowing down residential construction, which is only going to ... and take off again because he's creating a shortage of housing,” Sternlicht said. He also cited the swelling interest ...

May 08, 2024
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Rendering of Upton Residences Denver
News

Completion Of Latest Downtown Denver Condo Project Delayed By A Year

... 500 parking spaces. “While downtown Denver has no shortage of rental units, Upton Residences is opening up ... which is the addition of much-needed for-sale housing in our center city,” said Kourtny Garrett, ... in the city despite a stubborn housing shortage.

May 07, 2024
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Texas Lawmakers Consider Throwing Zoning Out The Window For Office-To-Resi Conversions
News

Texas Lawmakers Consider Throwing Zoning Out The Window For Office-To-Resi Conversions

... by the Texas Legislature as it addresses the state’s housing shortage and the rising costs of homes and multifamily units. More ... ’s Q1 2024 office report. A record 70,700 new housing units are in the office conversion pipeline nationwide, according to ...

Feb 21, 2025
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City Of Yes Zoning Overhaul Approved By Council, Clearing Path To 80,000 New Units
News

City Of Yes Zoning Overhaul Approved By Council, Clearing Path To 80,000 New Units

... critical changes in our zoning rules will help tackle our housing shortage and create the homes New Yorkers need, all while ... a certain distance of more transit hubs. Smaller, shared housing models with common facilities like kitchens were re-legalized, red ...

Dec 05, 2024
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The Fairfax, TF Cornerstone's residential conversion of the former FBI headquarters in NYC.
News

TF Cornerstone Targeting Distress As It Deploys $1B Office Conversion Fund

... office properties and how to create much-needed housing amid shortages across the country. But ultimately, ... opportunity to take a chunk out of the housing crisis, Shell believes more policy action is needed ... that in order to address the housing shortage.”

Feb 05, 2025
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McMansions No More – Developers Embrace Smaller Footprints In State Known For Going Big
News

McMansions No More – Developers Embrace Smaller Footprints In State Known For Going Big

... at $375K, in May of this year.  Meanwhile, housing affordability levels have dwindled since even before the pandemic, according ... Matrix.  “There's a significant demand for affordable housing, especially in cities with growing populations and universities,” ...

Jun 26, 2025
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New York Gov. Kathy Hochul and New York City Mayor Eric Adams in March 2023.
News

City Of Yes Gets $5B Funding Boost, Narrowed Scope In State-Backed Deal

... developers to build a certain number of parking spaces alongside housing units caused issues at a City Planning Commission hearing ... the country contribute to building a way out of its housing shortage, Council Member Crystal Hudson said as she cast her vote ...

Nov 21, 2024
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PBSA
News

GSA Weighs Up PBSA Sale Or Recapitalisation But Commits To Ireland

... hopeful that the state’s fresh initiatives to kick-start housing construction could also see new PBSA development viewed more ... part in the wider solution of trying to address the housing shortage in Ireland.” Student specialist Dot Group has four key brands ...

Mar 10, 2025
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New York City Council Member Chi Ossé, who proposed the broker fee bill, at a hearing in September 2024.
News

City Council Passes Bill That Makes Landlords Pay Fees Of Brokers They Hire

... favor of the FARE Act, Roberts said. The online housing marketplace believes that tenants being responsible for paying high broker ... of brokers surveyed by StreetEasy said that the city’s housing shortage has had an impact on their business. “When renters ...

Nov 13, 2024
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Los Angeles Buildings
News

Empty Hotels Find Second Life As Multifamily Communities

... set the stage for his solution. “A shortage of reasonably priced rental housing predated the pandemic,” Norville said. “But when ... said that Vivo’s commitment to solving America’s housing shortage helps drive its success. Ultimately, it wants to serve ...

Mar 01, 2023
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