Construction crews brought 1.2 million new apartment units to the market during the last three years, a record for any three-year period. And 2023? That…
Since 2020, 1.2 million apartments were delivered, with over 460,000 more to be opened by the end of December. The largest construction boom since the…
Following the effects of the pandemic, adaptive reuse projects emerged as the solution to meet the increased demand for housing and revitalize struggling metros.
Apartment conversions have increased 25% from pre-pandemic numbers, and considering that certain sectors continue to see more activity than others, it just makes sense.