Afriat Consulting Group的动态

Today’s the day! The Virginia Multifamily Development Summit kicks off with expert insights from Frank Gordon of BuildBlock ICFs, Ryan Bedford with Bedford Development, and Matt Green of KB Walker, and more. Join us for discussions on the future of energy-efficient, affordable multifamily developments. What are you looking forward to most? #Concrete #Construction #BuildVirginiaStrong #VRMCA #MultifamilySummit #VirginiaMultifamilyDevelopmentSummit #MultifamilyHousing

Opportunity Zones are designated economically distressed communities where new investments may be eligible for preferential tax treatment. These zones are typically characterized by low income, high poverty rates, and limited access to capital. In a country starved for housing, I hope Qualified Opportunity Zones help increase the multi-family housing supply.

Good news for the multifamily market! ?? The NMHC’s latest survey shows that construction delays have decreased, with 70% of participants reporting delays—down from 81% in March. Progress is being made in apartment development, signaling a positive shift in the industry. Learn more multifamily insights from NMHC's (National Multifamily Housing Council) quarterly survey of apartment construction and development activity. https://lnkd.in/gEgczpTV #Multifamily #ConstructionUpdate #RealEstateDevelopment #NMHC

We're thrilled to announce that Roers Companies has been named a Top Developer (No. 12) and Top Builder (No. 21) by the National Multifamily Housing Council! This recognition reflects the incredible work of our team building vibrant communities across the U.S.? ? Two points that stand out most to our team: - Our general contracting business is just over two years old, so being named a Top Builder on a national level this year is a huge testament to our tenacious team. - The NMHC report highlights a complex national landscape. While the overall market saw a decrease in units built, Roers Companies is proud to be among the few developers who increased our starts year-over-year. The declining construction activity showcased in this year’s NMHC lists is evidence of the challenges faced by multifamily developers, including rising financing costs and a tightening capital market. We could not be prouder of the partners — employees, investors, trade partners, city officials, lenders, and beyond — who make our work possible! View the list: https://lnkd.in/gyNgWPNp #TopDeveloper #TopBuilder #NMHC #MultifamilyHousing #BuildingCommunities #AffordableHousing

As exciting as it is to see construction begin on new multifamily modular housing, much of the work is done in the pre-development stage. #housingcrisis #betterwaytobuild #ModularConstruction #rapidhousing #RHI #affordablehousing

?? Multifamily construction is slowing in the Twin Cities. Here’s why and what’s going on: ?? Star Tribune reported that apartment construction ground to a halt in June with developers in the metro receiving permits for just 24 units. ?? Multifamily projects are usually modeled 1-2 years before interest rates are set. If rates go up (like they have been), builders can struggle to make those projects pencil out. ?? On the flip side, for-sale, new construction single-family continues to surge with experts from Housing First Minnesota stating more and more buyers are being drawn to new construction as they adapt to interest rates. #RealEstate #RealEstateInvesting #Investing #TwinCitiesRealEstate

GlobeSt.com reports that multifamily housing is nearing an inflection point. This shift is set to drive new opportunities and growth in the construction market, creating a landscape ripe for innovation and development. #MultifamilyHousing #ConstructionGrowth #RealEstateTrends #BuildingInnovation https://lnkd.in/gbtAduq8

Multifamily construction in Frisco/Prosper, Texas, remains strong, with 7,000 units under construction, making up 16% of Dallas-Fort Worth's pipeline. Despite the broader regional slowdown, Frisco/Prosper developers have initiated 4,729 units in the last 12 months, maintaining near-record construction levels. Since 2020, the multifamily stock has expanded by 55%, adding 13,331 units, with growth also extending to nearby areas like Celina and Grayson County. However, this surge in new developments has pressured rent growth, which has declined by 3.6% through late Q3 2024, potentially delaying rent recovery in the area.

What's going on with single family new construction in Boise, ID and Austin, TX? Why are these two markets on my and Parcl Labs radar? To start, out of all major US housing markets, they are both in the top 5 for the rate of growth of single family homes since 2019. Boise at 9.8% expansion of SFH's, Austin at 7.5% SFH growth. Today, less than 1 in 10 single family homes sold in these markets are new construction, on par with all SFH sales across the country. This is down from ~30 to 50% of single family homes sold being new construction in the 2020's. The kicker? In Boise, 1 in 3 new SFH listings coming on the market today are new construction. In Austin, that's 1 in 5. More to come.