Part of the charm of the multifamily industry is that a wide variety of tactics can be used to achieve results, and virtually every operator has a unique strategy. Those divergent methods certainly apply to how operators handle their construction processes, as well.
Mill Creek Residential, a leading developer and operator specializing in premier rental communities across the U.S., today announced construction is underway at Modera Six Pines, a mixed-use apartment community in The Woodlands, a charming neighborhood 27 miles north of Houston.
This week’s top multifamily storylines include ways to make housing more affordable, product knowledge in leasing, addressing the package management burden, construction delays continue, questioning the suburban push and caring for pet-owning residents.
This week’s top multifamily stories: overlooked pain points of work from home for apartment residents, the year of innovation for multifamily, supplier partners with operations backgrounds, the pending decline of apartment construction in 2021, and why multifamily investors are targeting smaller metros.
Solutions to diversity challenges, connectivity and comfort in a COVID world, the problem with in-house review responses, the survival of apartment construction, the importance of socializing to Gen Z and Las Vegas’ rent payment problem headline this week’s multifamily news.
The growing package problem, mass timber adoption for multifamily community development, the value of pet data, falling rents in major metros, surging lumber prices and NMHC’s take on the affordability crisis make up this week’s top headlines.
The Novel Coronavirus is wreaking havoc on the construction of multifamily communities. The challenges could exacerbate the already growing affordable housing crisis as the available supply of apartment housing will lag further behind demand after the pandemic eases.