Multifamily housing demand continues to smash records
Here’s why multifamily housing has unprecedented demand Demand for multifamily housing continues to break records, and industry analysts say there is no end in sight. Yardi Matrix recently reported that 2021 transactions totaled $215.3 billion, up from $13.3 billion in 2009. For investors, there’s still opportunity to build multifamily housing units and take advantage of…
What’s trending: garden style apartments
La Crosse general contractors predict uptick in this design-build movement Increased interest in garden-style apartments is keeping builders in La Crosse, WI, Rochester, MN and the Upper Midwest beyond busy these days. And what’s old is new again as far as this trend is concerned. Garden apartments gained popularity in the U.S. in the wake…
Foolproof ways to finance your multi-housing construction project
Strategies for overcoming industry challenges The cost of developing multi-housing construction projects and acquiring properties is on the rise as inflation pushes pricing upwards, and that can make securing financing even more complex than it already was. Thankfully, industry insiders know the secrets to securing foolproof financing for your next commercial construction project — knowledge…
DBS Group to build another multifamily unit in West Salem
P4K Properties has hired DBS Group to build another multifamily unit in its Greenfield Addition in West Salem, WI. The project includes designing and building a 12,000-square-foot, six-unit residential facility on Lot 22 of the subdivision. Design is complete, and construction begins mid-October. The project is scheduled for completion in late June of 2022.
The multifamily housing market is poised for growth
Here’s what’s emerging in 2021 The multifamily market is expected to experience a faster rebound in 2021, particularly for assets in the Midwest and Southeastern United States. In fact, analysts anticipate a surge in demand for multifamily housing, particularly as the U.S. economy begins to recover in the wake of the COVID-19 pandemic. Why multifamily…