Volatility in Construction Materials Pricing Is Putting Strain on Multifamily Developers

Apartment developers continue to be stressed by the unpredictable cost of construction materials.

Overall, materials prices keep rising faster than inflation. But what’s worse is that prices for individual construction materials are unpredictable from month to month. The price of … Read More

Construction workers will be in high demand this year in Florida amid shortage

Construction workers, both salaried and skilled, are expected to be in strong demand in 2019.

Florida contractors said they anticipate the acute shortage of construction workers in recent years to continue in 2019, even as they plan to add new projects and … Read More

$830 million Monroe Blocks project in downtown Detroit breaks ground

Photo Credit: Bedrock 

Dan Gilbert has officially broken ground on a $830 million redevelopment of a 3.66-acre swath of downtown Detroit to the east of his Quicken Loans Inc. headquarters.

The project by his Detroit-based Bedrock LLC … Read More

Miami-Dade to seek development bids at transit hub

Miami-Dade will request development bids in the first quarter of 2019 for the Miami Intermodal Center near Miami International Airport to help turn it profitable, according to Alice Bravo, who said her department’s takeover of the multi-million-dollar transit hub has … Read More

Houston area ranks No. 1 for construction job growth

Houston is hiring construction workers at a fast clip, and there’s plenty of work to keep them busy.

The Houston region led the nation for construction job growth over the last 12 months, adding 25,600 jobs through October, … Read More

Does Interior Design Matter in Rental Housing?

We all know that among aspects that a renter is looking for, there are a few that are most important: location and amenities. But what about the interior design of? Does it matter? The answer is yes! As a property … Read More

Renovation Tips for Your Commercial Property

As a commercial real estate owner, you are surely aware that your property is an asset but knowing that is not enough. Your commercial property must lookappealing in every possible way.

This means you need to be ready to make … Read More

South Florida construction activity grows in double digits

Construction starts have increased 14 percent in the first nine months of 2018, according to Dodge Data & Analytics.

The company tracks building permits in markets nationwide. If found $9.76 billion in construction starts in the … Read More