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MFPRO+ News

ENERGY STAR NextGen Certification for New Homes and Apartments launched

The U.S. Environmental Protection Agency recently launched ENERGY STAR NextGen Certified Homes and Apartments, a voluntary certification program for new residential buildings. The program will increase national energy and emissions savings by accelerating the building industry’s adoption of advanced, energy-efficient technologies, according to an EPA news release. 



MFPRO+ News

Florida condo market roiled by structural safety standards law

A Florida law enacted after the Surfside condo tower collapse is causing turmoil in the condominium market. The law, which requires buildings to meet certain structural safety standards, is forcing condo associations to assess hefty fees to make repairs on older properties. In some cases, the cost per unit runs into six figures.

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Senior Living Design | Jan 24, 2024

Former Walgreens becomes affordable senior living community

Evergreen Real Estate Group has announced the completion of Bellwood Senior Apartments. The 80-unit senior living community at 542 25th Ave. in Bellwood, Ill., provides independent living options for low-income seniors.

Adaptive Reuse | Jan 23, 2024

Adaptive reuse report shows 55K impact of office-to-residential conversions

The latest RentCafe annual Adaptive Reuse report shows that there are 55,300 office-to-residential units in the pipeline as of 2024—four times as much compared to 2021.

Mixed-Use | Jan 19, 2024

Trademark secures financing to develop Fort Worth multifamily community

National real estate developer, investor, and operator, Trademark Property Company, has closed on the land and secured the financing for The Vickery, a multifamily-led mixed-use community located on five acres at W. Vickery Boulevard and Hemphill Street overlooking Downtown Fort Worth.

Affordable Housing | Jan 18, 2024

Habitat tops off second apartment building at 43 Green

The co-developers of 43 Green celebrate the latest milestone for the $100 million, mixed-income, mixed-use project in Bronzeville: topping off Phase 2 while reaching full lease-up of the Phase 1 apartment building.

Structural | BD+C University Course | Jan 17, 2024

Waterproofing deep foundations for new construction

This continuing education course, by Walter P Moore's Amos Chan, P.E., BECxP, CxA+BE, covers design considerations for below-grade waterproofing for new construction, the types of below-grade systems available, and specific concerns associated with waterproofing deep foundations.

Affordable Housing | Jan 16, 2024

Construction kicks off on $237.9 million affordable housing project in Brooklyn, N.Y.

Construction recently began on an affordable housing project to create 328 units for low-income and formerly homeless populations in Brooklyn, N.Y.

Multifamily Housing | Jan 15, 2024

Multifamily rent growth rate unchanged at 0.3%

The National Multifamily Report by Yardi Matrix highlights the highs and lows of the multifamily market in 2023. Despite strong demand, rent growth remained unchanged at 0.3 percent.

Adaptive Reuse | Jan 12, 2024

Office-to-residential conversions put pressure on curbside management and parking

With many office and commercial buildings being converted to residential use, two important issues—curbside management and parking—are sometimes not given their due attention. Cities need to assess how vehicle storage, bike and bus lanes, and drop-off zones in front of buildings may need to change because of office-to-residential conversions.

MFPRO+ News | Jan 12, 2024

As demand rises for EV chargers at multifamily housing properties, options and incentives multiply

As electric vehicle sales continue to increase, more renters are looking for apartments that offer charging options.

Sustainability | Jan 10, 2024

New passive house partnership allows lower cost financing for developers

The new partnership between PACE Equity and Phius allows commercial passive house projects to be automatically eligible for CIRRUS Low Carbon financing.

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