Developers Bldg Market-rate Units to Lease for Less
By Joe Bousquin for National Apartment Association HQ Since the end of the Great Recession, the hallmark of this apartment cycle has been luxury units, usually located within the urban core, with a slew of amenities. Of course, those kinds of communities don’t come cheap, to develop or to lease. The $300K per-unit development cost […]
Where to Put 1 Million New Residents?
By Catherine Reagor for The Arizona Republic Metro Phoenix is expected to grow by 1 million people during the next decade. That will be like adding a city the size of San Jose, CA or Austin, TX, to the Valley. The billion-dollar question is where all those new residents will live. Most of the available […]