Multifamily

Cost increases have been especially hard on developers who rely on wood frame construction to build low- and mid-rise buildings.

Multifamily owners and managers have adjusted to long-term life under COVID-19 by adapting how they offer amenities to residents.

Closing transactions in August increased 2.4 percent from the prior month to a 6 million annualized rate.

A “downturn” may not be the right word when it comes to CRE, says PGIM Real Estate’s Todd Goldberg. A “bifurcation of the market” might be more accurate.

The real estate investment manager has continued to bet on new acquisitions amidst the pandemic.

That math will become easier for developers if more distressed properties become available at a steep discount.

There are multiple ways in which resident services coordinators can keep multifamily communities afloat in the long term.

The retail property index is expected to drop 11.4 percent and not return to positive territory until 2022.

Up to two months of free rent along with other concessions are now becoming prevalent as builders attempt to lease up new projects.