Multifamily development is the ground-up construction of apartment buildings, from small five-to-twenty-unit projects to large institutional complexes.
Log in to followWorking through what a first ground-up costs and I've noticed everyone has a different tripwire. Some people say untrended yield on cost, some say the spread over where they think…
Two paths on the same kind of deal and I've read enough about both to be genuinely stuck. Path one, tie up raw land under an option with a long feasibility period, spend your own…
I look at small markets and low price points so my numbers are a fraction of what most of you work with, but the question is the same shape everywhere and I'd like to see where th…
Got two proposals on a 24 unit wood frame build. One is a stipulated sum, one is cost plus with a guaranteed maximum price. The stipulated sum came in about 6 percent higher on th…
Site will carry either a 40 unit walkup at three stories or 120 units at five with structured parking. Same land, same zoning envelope, different world. Hard cost per unit on the…
My first rental, a small duplex, has tenants moving in at the start of next month. I spent four months learning screening and lease language and I thought that would be the whole…
Low price point markets are what I know, and the thing I can't settle is whether ground-up multifamily makes any sense out here or whether the fixed costs just eat you. The case a…
I'm on my third value-add project and every developer I talk to came out of one of two places. Either they built things for a living and moved up into owning them, or they came fr…