Development
Top 10 Emerging Self Storage Markets in 2024
Using Yardi Matrix data, we pinpointed these geographically varied markets poised for improvement.
HELP USA Opens $129M Affordable Housing Community
Upon completion, the Brooklyn property will comprise more than 500 units.
Brooklyn Development Lands $68M Loan
The project will benefit from the 421a tax abatement program.
Cherry Development to Break Ground on Las Vegas Community
The shareDOWNTOWN brand is set to expand with a third iteration.
Woda Cooper JV Starts Construction on Ohio Affordable Project
The development is on track for completion by mid-2025.
JV Breaks Ground on Virginia Self Storage Facility
Go Store It Charlottesville will add more than 92,000 square feet to the local inventory.
Developers Complete New York Affordable Housing Rehabilitation
This is the community’s first upgrade since it was converted to public housing 40 years ago.
Top 10 Markets for Multifamily Deliveries in 2023
Supply growth nationwide reached a decade-long peak, with more than 1.2 million units under construction, Yardi Matrix data shows. Multifamily deliveries remained strong in 2023, despite economic headwinds. This year, tighter lending circumstances and rising material, maintenance and labor costs will impact new construction starts, but the supply pipeline remains strong. Roughly 500,000 units are bound to come online in 2024, with markets in the South and West likely to stay at the top. To see how these trends evolved last year, we’ve compiled a list of the top markets for multifamily deliveries, leveraging Yardi Matrix data. Key Takeaways: 1….
Trammell Breaks Ground in Massachusetts
A rendering of the completed Alexan Chelmsford property. Image courtesy of Trammell Crow Co.
Modular Design Methods: 3 Ways Developers Are Adapting
Major players discuss the innovations that are rapidly transforming the growing subsector.