Apartment Development: “As tariffs put new pressure on homebuilders, and cuts at the [U.S.] Department of Housing and Urban Development disrupt federal funds for affordable housing, one New York City developer is looking to jumpstart growth using a novel financing strategy.” (Bloomberg)
Multifamily Starts Fall: “Multifamily completions have been both a blessing and a challenge during the last couple of years. Record deliveries were great to have, but outpaced demand, resulting in some metros experiencing higher vacancy rates and lower rent growth.” (Globest)
