Who are the Top 10 Multifamily Developers in the United States?

Who are the Top 10 Multifamily Developers in the United States?

With more than 300,000 multifamily units added in 2018 alone, the multifamily development industry is growing at a steady pace. And, whether you’re a multifamily real estate investor, a broker, or are a developer yourself, it’s essential to understand the overall market landscape-- and that means being familiar with all the major players in the game. Fortunately, at the beginning of this year, the National Multifamily Housing Council (NMHC), put together a list of the largest 25 apartment developers in the United States. We’ve taken the top 10 developers from that list, and provided some additional detail on each to help you better understand the state of the industry today.

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Who are the Top Affordable Housing Developers in the United States?

Who are the Top Affordable Housing Developers in the United States?

Each year, thousands of affordable housing units are developed across the United States. If you’re considering investing in affordable housing, or even developing affordable housing yourself, it’s essential to understand the market landscape. Fortunately, this April, Affordable Housing Finance issued a list of the Top 50 affordable housing developers of 2018. We’ve taken the top 10 and provided some additional color, so you can get a better understanding of today’s biggest players in the affordable housing industry.

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Multifamily Construction Costs: An Investor Guide

Multifamily Construction Costs: An Investor Guide

For multifamily investors and developers, construction costs remain one of the biggest expenses, and it looks like costs are only continuing to increase. Unfortunately, these climbing costs could be having a negative impact on the industry as a whole. In fact, in a 2018 report, the National Association of Home Builders linked construction cost increases to multifamily developers’ lack of confidence in the overall market. Due to these ballooning costs, it’s more important than ever for developers and investors to understand the exact nature of multifamily construction budgets, and why they keep rising so quickly.

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Hard vs. Soft Construction Costs for Multifamily Developers

Hard vs. Soft Construction Costs for Multifamily Developers

When it comes to investing in multifamily and commercial development projects, understanding and analyzing construction costs is key. Construction costs, which have been rising steadily for the last decade, have a significant impact on the overall profitability of an investment. They can generally be divided into two categories; hard costs and soft costs. Hard costs are those associated with physical building construction, while soft costs are intangible, and are typically associated with the planning, permitting, and financing of a construction project.

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