- May 23, 2016
- May 17, 2016
- May 12, 2016
Meeting tomorrow’s housing demand requires a supportive legislative and regulatory framework. While codes, standards and best practices ensure the safety of our built environment, it is also critical to monitor the cost of implementation. Unnecessary and prohibitive increases to construction costs limit affordability. And with 77 million Baby Boomers who may be downsizing and nearly 80 million Echo Boomers beginning to enter the housing market, up to seven million new renter households could form this decade.
Banks Tap the Brakes on Apartment Construction Loans - Apartment housing industry developers nationwide are starting to experience a more cautious approach to construction lending offered by both national and regional lenders. This is resulting in higher rates, lower proceeds, more demanding completion guarantees and, in some instances, an outright turndown of a loan request.
Learn about the perks and benefits of working in residential property management and some of the reasons the industry provides career growth, stability and endless opportunities.