1. Lower-cost metros continue to outperform pricey gateway markets, Yardi Matrix reports (Yardi Matrix)
"But year-over-year multifamily trendline remained negative at -0.3%, unchanged from July."
2. Flexible design helped the University of Kansas Strawberry Hill Behavioral Health Hospital adapt to the coronavirus (Cannon Design)
"The University of Kansas Strawberry Hill Behavioral Health Hospital had been open for just over six months when it was faced with the global coronavirus pandemic."
3. Middle-market multifamily floating above economic troubles, and investors want in (Bisnow)
"Six months into the coronavirus pandemic, real estate buyers still face a narrow set of options in a painful economy. But middle-market and affordable multifamily buildings are still attracting dollars, and investors say this sector will stay lively in 2021, whichever direction the overall economy takes."
4. E-commerce fuels industrial’s unstoppable engine (Commercial Property Executive)
"A surge in online shopping is bolstering the warehousing sector, making logistics assets unusually pandemic-resistant."
5. U.S. schools in suburbs, small cities reopening without COVID spike; big cities up next (Reuters)
"U.S. schools from kindergarten to high school have avoided a spike in COVID-19 cases, early data show, but medical experts say the real test is coming as students in large densely-populated cities such as New York and Miami return to classrooms."
Related Stories
Self-Storage Facilities | Dec 16, 2022
Self-storage development booms in high multifamily construction areas
A 2022 RentCafe analysis finds that self-storage units swelled in conjunction with metros’ growth in apartment complexes.
Market Data | Dec 13, 2022
Contractors' backlog of work reaches three-year high
U.S. construction firms have, on average, 9.2 months of work in the pipeline, according to ABC's latest Construction Backlog Indicator.
Contractors | Dec 6, 2022
Slow payments cost the construction industry $208 billion in 2022
The cost of floating payments for wages and invoices represents $208 billion in excess cost to the construction industry, a 53% increase from 2021, according to a survey by Rabbet, a provider of construction finance software.
Mass Timber | Dec 1, 2022
Cross laminated timber market forecast to more than triple by end of decade
Cross laminated timber (CLT) is gaining acceptance as an eco-friendly building material, a trend that will propel its growth through the end of the 2020s. The CLT market is projected to more than triple from $1.11 billion in 2021 to $3.72 billion by 2030, according to a report from Polaris Market Research.
Market Data | Nov 15, 2022
Construction demand will be a double-edged sword in 2023
Skanska’s latest forecast sees shorter lead times and receding inflation, but the industry isn’t out of the woods yet.
Reconstruction & Renovation | Nov 8, 2022
Renovation work outpaces new construction for first time in two decades
Renovations of older buildings in U.S. cities recently hit a record high as reflected in architecture firm billings, according to the American Institute of Architects (AIA).
Market Data | Nov 3, 2022
Building material prices have become the calm in America’s economic storm
Linesight’s latest quarterly report predicts stability (mostly) through the first half of 2023
Building Team | Nov 1, 2022
Nonresidential construction spending increases slightly in September, says ABC
National nonresidential construction spending was up by 0.5% in September, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau.
Hotel Facilities | Oct 31, 2022
These three hoteliers make up two-thirds of all new hotel development in the U.S.
With a combined 3,523 projects and 400,490 rooms in the pipeline, Marriott, Hilton, and InterContinental dominate the U.S. hotel construction sector.
Codes and Standards | Oct 26, 2022
‘Landmark study’ offers key recommendations for design-build delivery
The ACEC Research Institute and the University of Colorado Boulder released what the White House called a “landmark study” on the design-build delivery method.
