Can Boston Keep Up with Multifamily Demand?

Think Boston multifamily is overbuilt or overheated? Think again. Due to superb fundamentals and a slowing development pipeline, Boston is now regarded as the number one metro area for multifamily investment. From 2019–2030, Boston will need to add 51,007 units to accommodate population growth, an average of 4,637 units per year. Recent development (2014–2017) averaged 3,334 units per year. Population and job growth are expected to remain strong, fueling continued demand for …

February 11, 2020Content Partner, Development, Features, Massachusetts, Multifamily, Northeast, Northeast Feature Archive, Walker & Dunlop

Sagging Foreign Investment Fails to Extinguish Optimism

Foreign investors in U.S. commercial real estate are on pace this year to sell more assets than they acquire on an annual basis — something that hasn’t happened in seven years. Through the first three quarters of 2019, foreign investment in U.S. commercial real estate totaled $30 billion, compared with $60.6 billion during the same period in 2018, according to Real Capital Analytics (RCA).The New York City-based commercial property research firm tracks deals of $2.5 million and above. To …

January 21, 2020Features, Northeast Feature Archive

Robust Industrial Investment Shows No Signs of Slowing

Real estate buyers spent a record-setting amount of cash in the sector in the third quarter and remain bullish on the properties amid healthy absorption and rent growth. The industrial real estate sector, traditionally known as the land of big, boring boxes, has become the darling of real estate amid the growth of e-commerce. Investors have poured hundreds of billions of dollars into industrial properties over the last five years alone, and not even the prospect of new construction …

December 4, 2019Content Partner, Features, Heartland Feature Archive, Industrial, Lee & Associates, Midwest, Northeast, Northeast Feature Archive

Aging-in-Place Technology Has Its Limits, Says a Reassuring InterFace Seniors Housing Panel

PHILADELPHIA — Will today’s emerging aging-in-place technologies, designed to help the elderly remain in their own home for a longer period of time, lead to significantly reduced demand for seniors housing? The question was a hot topic at the InterFace Seniors Housing Northeast conference last Thursday in Philadelphia following a recent front-page article in The Wall Street Journal under the following headline: “Boomers Want to Stay Home. Senior Housing Now Faces Budding …

November 27, 2019Features, Multifamily, Northeast Feature Archive, Seniors Housing

Environmental Contamination Reduces Market Value

Owners of properties with environmental contamination already carry the financial burden of removal or remediation costs, whether they cure the problem themselves or sell to a buyer who is sure to deduct anticipated remediation expenses from the sale price. Fortunately, New York law allows those property owners to reduce their property tax burden to reflect their asset’s compromised value. Tax Types Most local governments in the United States impose a property tax on real estate as a …

September 12, 2019Features, Northeast, Northeast Feature Archive

Generation Z Renters Reshaping Student Housing Market

With some of the oldest members of Generation Z coming onto the rental scene seeking out their first college and post-college apartments, developers and property owners must start paying closer attention to this new audience. While Gen Z and millennials have quite a bit in common, they also differ in some fundamental aspects and demand different standards of living in residential spaces. Just when owners and property managers are finding their footing with millennials, Gen Z will reshape the …

August 8, 2019Features, Heartland Feature Archive, Multifamily, Northeast Feature Archive, Southeast Feature Archive, Student Housing, Texas & Oklahoma Feature Archive, Western Feature Archive

Priced Out: Adding Affordable Units to Student Housing

Student loan figures indicate a growing affordability problem in higher education. The Federal Reserve reports that student loan debt in the United States is almost $1.6 trillion today, with 42 percent of people who attended college — which represents 30 percent of all adults — incurring at least some debt from their education. With a focus on technology-based degree programs, the cost to attend college is rising. But it’s not just tuition that’s going up. According to College …

August 6, 2019Features, Heartland Feature Archive, Multifamily, Northeast Feature Archive, Southeast Feature Archive, Student Housing, Texas & Oklahoma Feature Archive, Western Feature Archive

As Healthcare Trends Toward Value and Efficiency, Buildings Follow Suit

Digital connectivity and rising costs are rapidly transforming industries across the country, and healthcare is certainly no exception. Digital health solutions and the material realities of the economy, along with a changing regulatory landscape, are reshaping the way providers deliver care. For example, the increased uses of telehealth, artificial intelligence (AI) and more community-based facilities (such as urgent care centers) are changing the spaces providers need. This activity is in …

May 16, 2019Features, Healthcare, Northeast Feature Archive

Driven by Big Portfolio Deals, Foreign Capital Rebounds in 2018

Two years ago Chinese regulators restricted capital from leaving its shores, driving down foreign investment in U.S. commercial real estate to well below the record of nearly $100 billion set in 2015. But cross-border inflows in 2018 were on pace to exceed 2017’s total of roughly $52 billion, according to commercial property research firm Real Capital Analytics (RCA). Hurdles threaten to trip up the momentum, however. The Federal Reserve Board’s tightening monetary policy, which has set …

January 22, 2019Features, Northeast Feature Archive

Five Reasons to Use Virtual Reality in Design

By Michael Prifti Technology is moving quickly across many different industries. Architects are now using emerging technology like virtual reality (VR) to improve experience for clients, tenants and the general public. An architecture firm can use VR to accomplish many different goals. VR can be used as both a design tool and a marketing tool. As a design tool, one can create impressive virtual mockups with the technology. To be used as a marketing tool, it is important to figure out …

November 28, 2018Development, Features, Northeast, Northeast Feature Archive, Pennsylvania