Maryland Building Industry Association

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    A new wave of specialty REITs is outpacing the slowing growth of the larger sectors.

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  • Kidder Mathews Taps Orange County VP

    Based in the firm’s Orange County office, Johnny Chang will specialize in multifamily investments. He joins from CBRE and has transactions totaling more than $250 million under his belt.

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    The 26-unit community was constructed in 2015. The sale marks the company’s highest per-unit multi-housing trade in Colorado.

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    Residential construction was up 0.5 percent and non-residential construction was down 0.3 percent, leading total construction to remain flat for the month, according to the U.S. Census Bureau. Compared to May 2016, however, all major nonresidential construction categories enjoyed increased spending.

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