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One exception is Charlotte, which is a particularly active market for new development.
Tower, to be East Bay's tallest, "not economically feasible" in market.
$11B total in H1 2023 still outpaces other urban markets.
Presented by Thought Leadership
In the face of depressed deal volumes and higher capital costs, some brokers are finding an opportunity for growth.
Recently passed legislation in California could alleviate some of the challenges in converting retail and office properties into affordable housing and pave the way for other states to enact similar laws.
Almost one-third of apartments now converted represent former offices.
For seven straight months it's climbed and now hit the highest level since a year ago June.
Gensler-designed DTLA tower will have sky-high terraces with trees.
Arena owner must stipulate MSG is "compatible" with MTA's plans.
Census says developers need nearly six weeks longer to build a single-family house than the average completion time in 2021.