Empty office space in the United States is at an all-time high. In fact, we last wrote about options for developers to turn abandoned office properties into profitable leasing opportunities two years ago. At that time, the national office vacancy rate was at 12.3...
This article originally appeared on Business Wire. AREP set to define a new era of luxury rental living with the ~200-unit property in the heart of Alexandria, delivering in 2025. Today, American Real Estate Partners (AREP) announced the official start of construction...
We’re halfway through 2023, and despite significant challenges impacting construction — from interest rate increases to ongoing labor shortages to inflation — our industry is active right now across all market sectors. Some challenges are impacting certain markets...
This article originally appeared on Student Housing Business. MDL Group has broken ground on Icon, a 30-story student housing tower in the West Campus neighborhood by the University of Texas at Austin. Hoar Construction is the general contractor for the project, which...