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Category Archives: Construction industry
Multifamily and industrial properties will continue to lead growth among commercial real estate sectors as the economy makes moderate gains through the end of the year and into 2017, Lawrence Yun, chief economist for the National Association of Realtors® reports. … Continue reading
Land is growing more scarce and more expensive in many large cities, and more developers are responding by combining commercial and residential spaces. In New York, for example, “it’s getting harder and harder to do office construction,” Seymour Durst, chief administrative … Continue reading
While the development boom in core apartment and condominium submarkets has garnered most of the headlines, developers have actually delivered more than twice as much new multifamily supply in the suburban markets. Several executives of large publicly traded apartment REITs … Continue reading