MIAMI-It's hard to say many negative things about commercial real estate's multifamily sector, but Mark Humphreys, chief executive officer of Humphreys & Partners Architects, says that contruction costs, especially of wood-framed developments, have risen significantly. He spoke here recently at the RealShare Apartments East conference with Real Estate Forum's Sule Aygoren.
He touched on:
- How to mitigate construction costs of apartment buildings.
- The trend of shrinking multifamily units but increasing amenities.
- How urban cores across the country are becoming more like Manhattan.
- The changing age groups of renters and how it impacts apartment design.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium contentNOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
