On pace to surpass $130 billion in construction spending in 2023, the U.S. multifamily housing sector continues its torrid pace of growth despite market challenges and less favorable financing opportunities. The sector’s strong growth has been driven by a confluence of market trends: urbanization, housing affordability, the Boomers entering retirement, the Millennials forming households, to name a few.
BD+C has served the multifamily design and construction sector for more than 60 years, including the launch of a dedicated magazine in 2017, a weekly e-newsletter, multiple exclusive research reports, Multifamily Giants rankings, and two ProConnect in-person events.
More than 45,000 AEC and building owner/developer professionals engage with our multifamily coverage every month—for news, trends, and ideas related to rental housing, condominiums, student housing, senior living facilities, and affordable housing developments.
Introducing MultifamilyPro+
Next up is the launch of a proper “home” for all of our multifamily coverage. MultifamilyPro+ is a robust content platform within BDCnetwork.com that serves the multifamily market with daily news, emerging trends, design ideas, new technologies, exclusive research, innovative projects, new products, and more. The MultifamilyPro+ editorial team, led by Executive Editor Robert Cassidy and Managing Editor Quinn Purcell, brings more than five decades of multifamily industry editorial experience.
The online platform will enable our team to expand coverage beyond design and construction into more wide-ranging topics, such as real estate financing, deal making, property management. In fact, we've created a new navigation bar that appears at the top of your screen when interacting with MultifamilyPro+ news. This will give you quick access to our range of content, from multifamily blogs and videos to special reports.
Other core features of MultifamilyPro+ include:
- Multifamily research database: We’re building a searchable market research database that will house—in a single place—all major third-party and in-house research reports.
- Multifamily Annual Report: Set to debut this month, this complimentary 50-page downloadable report is the ultimate “state of the state” of all aspects of the U.S. multifamily housing sector. It will feature exclusive research, four sector trends reports, a roundup of design, construction, and development innovations, new products, and more.
- Multifamily Giants expanded coverage: This influential group of 200+ AEC firms will offer their take on the latest projects, products, trends, market news, and innovations.
- MultifamilyPro+ Webinar series: Market leaders will join MultifamilyPro+ editors to discuss the latest trends and market outlook.
- Weekly e-Newsletter: Every Wednesday, we assemble the latest news, trends, projects, products, and research, delivered to your inbox.
- HorizonTV video series: The editors interview leading developers and AEC technical experts on a host of topics.
If you would like to submit a project or story idea for our new channel, please email Quinn Purcell at qpurcell@sgcmail.com.
Related Stories
Multifamily Housing | Mar 19, 2024
Jim Chapman Construction Group completes its second college town BTR community
JCCG's 200-unit Cottages at Lexington, in Athens, Ga., is fully leased.
Multifamily Housing | Mar 19, 2024
Two senior housing properties renovated with 608 replacement windows
Renovation of the two properties, with 200 apartments for seniors, was financed through a special public/private arrangement.
MFPRO+ New Projects | Mar 18, 2024
Luxury apartments in New York restore and renovate a century-old residential building
COOKFOX Architects has completed a luxury apartment building at 378 West End Avenue in New York City. The project restored and renovated the original residence built in 1915, while extending a new structure east on West 78th Street.
Multifamily Housing | Mar 18, 2024
YWCA building in Boston’s Back Bay converted into 210 affordable rental apartments
Renovation of YWCA at 140 Clarendon Street will serve 111 previously unhoused families and individuals.
MFPRO+ News | Mar 16, 2024
Multifamily rents stable heading into spring 2024
National asking multifamily rents posted their first increase in over seven months in February. The average U.S. asking rent rose $1 to $1,713 in February 2024, up 0.6% year-over-year.
Adaptive Reuse | Mar 15, 2024
San Francisco voters approve tax break for office-to-residential conversions
San Francisco voters recently approved a ballot measure to offer tax breaks to developers who convert commercial buildings to residential use. The tax break applies to conversions of up to 5 million sf of commercial space through 2030.
Apartments | Mar 13, 2024
A landscaped canyon runs through this luxury apartment development in Denver
Set to open in April, One River North is a 16-story, 187-unit luxury apartment building with private, open-air terraces located in Denver’s RiNo arts district. Biophilic design plays a central role throughout the building, allowing residents to connect with nature and providing a distinctive living experience.
Affordable Housing | Mar 12, 2024
An all-electric affordable housing project in Southern California offers 48 apartments plus community spaces
In Santa Monica, Calif., Brunson Terrace is an all-electric, 100% affordable housing project that’s over eight times more energy efficient than similar buildings, according to architect Brooks + Scarpa. Located across the street from Santa Monica College, the net zero building has been certified LEED Platinum.
MFPRO+ News | Mar 12, 2024
Multifamily housing starts and permitting activity drop 10% year-over-year
The past year saw over 1.4 million new homes added to the national housing inventory. Despite the 4% growth in units, both the number of new homes under construction and the number of permits dropped year-over-year.
Affordable Housing | Mar 11, 2024
Los Angeles’s streamlined approval policies leading to boom in affordable housing plans
Since December 2022, Los Angeles’s planning department has received plans for more than 13,770 affordable units. The number of units put in the approval pipeline in roughly one year is just below the total number of affordable units approved in Los Angeles in 2020, 2021, and 2022 combined.