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More stories about Development

  • PEOPLE

    Eric S. Belsky has been appointed managing director of Harvard University's Joint Center for Housing Studies.

  • Working Class

    ARCHSTONE HAS BEEN around long enough to know the basic rule of multifamily arithmetic: jobs minus housing equals a fantastic development opportunity.

  • Looking for a Home

    DOMESTIC INVESTORS CONTINUE to be largely out of luck these days.

  • The Long Road Back

    NEW ORLEANS— A few bare walls and broken doors separate Mike Miller from the unknown.

  • Gulf Coast Revival

    NEW ORLEANS— Five years after Hurricane Katrina, Providence Community Housing has emerged as one of the most active affordable housing developers in the Gulf Coast.

  • Trammell Crow Exits Development

    AS VENERABLE BUILDER Trammell Crow Residential (TCR) hunkered down through one of the worst recessions the apartment development industry has ever seen, CEO Charlie Brindell outlined a plan last winter to revive and refocus the company, which had seen its

  • Jacks of All Trades

    OVER THE PAST FEW YEARS, many multifamily CFOs added a new, albeit unfortunate, bullet point to their resumes: “loan workout specialist.” Some could probably also add: “crisis management expert.

  • Multifamily Developers Make Moves to Round Out Their Business Models

    Throughout the recession, many multifamily builders diversified to survive, positioning themselves for long-term stability.

  • Discouraged Equity Investors Turn to Development Opportunities

    Since the volume of acquisition opportunities never materialized as many investors had hoped, all of that pent-up equity on the sidelines is beginning to view new construction as a more attractive option.

  • Breaking Ground: Labor Prices Help New Construction Deals Pencil Out

    While construction debt is much more limited now, construction costs have come down so much that deals are penciling out again.