➤➤ Join the GlobeSt.APARTMENTS (formerly RealShare) conference October 29-30 in Los Angeles. The event will analyze the opportunity in the emerging trends and conditions of the multifamily market. Don't miss out on joining the 1000+ of the industry's top owners, investors, developers, brokers and financiers as they gather for THE MULTIFAMILY EVENT OF THE YEAR! Click here to register and view the agenda.
WASHINGTON, DC—The National Apartment Association has released its US Apartment Barriers to Construction report, which takes a look at the key factors in 29 major metro areas across the United States that make apartment construction more difficult. The survey included 91 questions and 5 external data points that were aggregated into ten subindices to measure development complexity in each market, including the impact of community involvement, construction costs, residents and affordability issues, infrastructure, density & growth restrictions, land supply, environmental restrictions, approval process complexity, political structure complexity and time to develop a new property. It drilled down and came up with three major barriers to multifamily development.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
