December had the most U.S. multifamily housing starts of any month last year, according to new data from the Census Bureau.
Out-of-state investors made up a greater portion of the pool of purchasers last year than in previous years.
The GOP tax bill created OZ 2.0, but it doesn't launch until 2027, leaving an 18-month gap that could slow investment in distressed communities.
Rising material costs and an uncertain economic picture are stifling already sluggish apartment development, providing a potential future boost to the sector.
This month's Bay Area deal sheet.
The vacancy rate last quarter was a 20-basis-point jump from Q1 and a 50 bps increase year-over-year.
Valley Forge Military Academy's closure presents an opportunity for residential developers. The Shops at Valley Square will deliver next month.
One-bedroom apartment rents in Philadelphia grew by just 1.3% last year even though demand remained strong in the city, according to a report from Zumper.
Lehigh Valley Health Network's microhospitals could be a blueprint for expanding access to healthcare in underserved parts of Pennsylvania.
Bass said the revitalization of the Palisades depends on rebuilding quickly and indicated a ULA pause would help that process.
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