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Multifamily delinquencies jumped 75% year-over-year but still lag far behind the $17B in delinquent office CMBS debt in the marketplace.
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The slowdown in Boston's multifamily development sector has continued this year, with inventory under construction reaching a 10-year low in Q1, Colliers found.
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Leaders from AvalonBay, Bozzuto and other firms say policies like rent control have made it harder to build housing in Montgomery and Prince George's counties.
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The 267-acre The Preserve will border one of the PGA’s championship golf courses and provide regular shoppers to the 55-acre Fields West development.
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Martha's Vineyard Hospital plans to open the 48-unit apartment building in June to house its employees.
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Medical office buildings continue to be a safe investment as other asset classes face pressures from tariffs, interest rates and other macroeconomic issues.
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Miami Beach is cracking down on hotel development by requiring new projects to gain a five-sevenths approval from the City Commissioners.
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In addition to a 12-story hotel, the project at 2501 and 2601 Montgomery St. will include retail space and a separate multifamily building.
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Bee Line, a medical-grade cleaning service based in Chicago, brings medical-grade cleaning standards for every project it works on — regardless of CRE sector.
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Mayor Karen Bass said lawyers are looking into whether the measure can be suspended without voter approval.
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