With rising construction costs, a New York Build 2020 Expo panel shared their thoughts about an industry concern: How can affordable housing yield profits?
While Gen Z is emerging as a source of multifamily demand, millennial renters still dominate the apartment market across a variety of metros.
While the real estate industry is slow to adopt new technology, experts provide steps to take when investing in proptech to increase efficiency.
What’s topping the checklists of property management concerns? A New York Build 2020 Expo panel agreed that in the upcoming decade, multifamily property owners will need to focus on two areas: amenities and legal requirements. Renovations Needed to Stay Competitive Owners will need to invest in upgrading their properties to stay current with tenants’ changing lifestyles. “With almost every lobby renovation, one of the key challenges is where do all the packages go and how do you distribute them,” said William T. Payne, principal at O&S Engineers & Architects. “What if the mailroom is way too small for Amazon?” More residents are ordering deliveries of not just meals but now groceries. Payne stated this raises additional security issues with more people knocking on the door. He also noted the rising demand for bicycle parking and charging stations for electric vehicles. With these types of property upgrades, owners need to be honest in their requests for proposals (RFPs), said Carmen Rainieri, regional director at Skanska. This includes providing accurate information about pricing and logistics. In working with contractors and consultants, “collaboration Read the full article…
Boston’s strong labor market and new lifestyle amenities are translating into greater success for the metro’s small multifamily sector.
More single-family rental households are turning to newly constructed build-to-rent properties, and recent data points to room for continued growth.
Young adults in STEM plus the Arts ISTEAM) professions now dominate the multifamily market with shifts in their income and housing.
We’re proud to introduce “Entrepreneurial to the Core,” a new ongoing series from Arbor’s President and CEO Ivan Kaufman.
Arbor’s nationwide experience and expertise allow us to customize multifamily financing wherever your portfolio takes you.
Brooklyn,
NY
Freddie Mac SBL
|
$1-5M
Brooklyn,
NY
Freddie Mac SBL
|
$1-5M
Newark,
NJ
Freddie Mac SBL
|
$1-5M
Bronx,
NY
Freddie Mac SBL
|
$1-5M
Newark,
NJ
Freddie Mac SBL
|
$1-5M
Brooklyn,
NY
Freddie Mac SBL
|
$1-5M
Irvington,
NJ
Freddie Mac SBL
|
$1-5M
Newark,
NJ
Freddie Mac SBL
|
$1-5M
Irvington,
NJ
Freddie Mac SBL
|
$1-5M
