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Contractors | May 15, 2024

The average U.S. contractor has 8.4 months worth of construction work in the pipeline, as of April 2024

Associated Builders and Contractors reported that its Construction Backlog Indicator increased to 8.4 months in April, according to an ABC member survey conducted April 22 to May 6. The reading is down 0.5 months from April 2023, but expanded 0.2 months from the prior month.

MFPRO+ News | May 13, 2024

Special multifamily report indicates ‘two supply scenarios’

Could we be headed towards a “period of stagflation?” That's the question Andrew Semmes, Senior Research Analyst, poses in the Matrix May 2024 Multifamily Rent Forecast update.

Adaptive Reuse | May 9, 2024

Hotels now account for over one-third of adaptive reuse projects

For the first time ever, hotel to apartment conversion projects have overtaken office-to-residential conversions.

MFPRO+ News | May 8, 2024

Multifamily rent growth approaches peak levels in April 2024

In its latest multifamily report, Yardi Matrix finds that the national average rent has increased for the second month in a row.

MFPRO+ Special Reports | May 6, 2024

Top 10 trends in affordable housing

Among affordable housing developers today, there’s one commonality tying projects together: uncertainty. AEC firms share their latest insights and philosophies on the future of affordable housing in BD+C's 2023 Multifamily Annual Report.

AEC Tech | Apr 30, 2024

Lack of organizational readiness is biggest hurdle to artificial intelligence adoption

Managers of companies in the industrial sector, including construction, have bought the hype of artificial intelligence (AI) as a transformative technology, but their organizations are not ready to realize its promise, according to research from IFS, a global cloud enterprise software company. An IFS survey of 1,700 senior decision-makers found that 84% of executives anticipate massive organizational benefits from AI. 

AEC Innovators | Gensler | Apr 15, 2024

3 ways the most innovative companies work differently

Gensler’s pre-pandemic workplace research reinforced that great workplace design drives creativity and innovation. Using six performance indicators, we're able to view workers’ perceptions of the quality of innovation, creativity, and leadership in an employee’s organization.

MFPRO+ News | Apr 12, 2024

Greystar becomes top apartment owner, manager, and developer in 2024

One firm set records for this year’s National Multifamily Housing Council Top 50 roundup of multifamily firms. Greystar now sits at number one in the NMHC’s lists for top apartment owner, manager, and developer in 2024.

K-12 Schools | Apr 10, 2024

Surprise, surprise: Students excel in modernized K-12 school buildings

Too many of the nation’s school districts are having to make it work with less-than-ideal educational facilities. But at what cost to student performance and staff satisfaction? 

Multifamily Housing | Apr 9, 2024

March reports record gains in multifamily rent growth in 20 months

Asking rents for multifamily units increased $8 during the month to $1,721; year-over-year growth grew 30 basis points to 0.9 percent—a normal seasonal growth pattern according to Yardi Matrix.

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