The firm is partnering with Indianapolis-based builder Onyx+Fast to develop more than 2,000 rental houses.

Residential starts rose 1.4 percent to a 1.70 annualized rate. Applications to build jumped 9.1 percent to an annualized 1.87 million units in December.

Cell towers have become a lucrative investment opportunity for real estate investors looking for alternative property sectors.

Mayor Steve Adler doesn’t want to curb the city’s rapid growth, but says cheaper housing is needed.

The former president said in a statement that he plans to apply to build the homes as well as retail and commercial space at Trump National Doral Miami.

As QSRs seek drive-through opportunities and other tenants launch smaller concepts, they see pad sites as more desirable.