multifamily development News

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• Financial and Regulatory Hurdles Stall Office Conversions in Philadelphia Suburbs

  Published: Apr 30, 2026

  Section: Buying & Selling

  While office-to-residential conversions are revitalizing Philadelphia’s Center City, similar projects in the surrounding bedroom communities are struggling to find financial viabil...

• TestFit Celebrates 10-Year Anniversary by Offering Free Generative Design Access to Planning Offices

  Published: Apr 9, 2026

  Section: Science & Tech

  TestFit, the real estate development decisioning platform, is marking a decade of operations with a strategic initiative aimed at solving the national housing crisis. To celebrate...

• JBG SMITH Secures Unanimous Approval for Massive Mixed-Income Housing Initiative in Potomac Yard

  Published: Mar 13, 2026

  Section: Real Estate

  JBG SMITH has received the green light from the Alexandria City Council to move forward with a comprehensive redevelopment in the Potomac Yard district of Northern Virginia. The pr...

• CEDARst Cos. Launches $82 Million Project as First Residential Asset in Las Vegas Medical District

  Published: Mar 12, 2026

  Section: Commercial Properties

  Chicago-based developer CEDARst Cos. has officially broken ground on The Presley, an $82 million multifamily community in Las Vegas. The seven-story, 236-unit development represent...

• GFP Real Estate Finalizes $192 Million Financing for Landmark Financial District Conversion

  Published: Mar 12, 2026

  Section: Mergers & Acquisitions

  GFP Real Estate has successfully secured $191.5 million in construction financing to transform 40 Exchange Place, a historic 20 story tower in Manhattan’s Financial District, into...

• Brevet Capital Secures $150 Million Financing to Anchor Philadelphia Waterfront Transformation

  Published: Mar 11, 2026

  Section: Real Estate

  Brevet Capital, the New York based alternative credit and asset backed finance specialist, has finalized a $150 million senior construction loan from Banco Inbursa to kickstart Wha...

• Wood Partners Initiates Construction on Alta Timberline Amid Shifting Houston Multifamily Landscape

  Published: Mar 11, 2026

  Section: Real Estate

  Atlanta based developer Wood Partners has officially broken ground on Alta Timberline, a 204 unit luxury residential community located in the Houston suburb of Tomball, Texas. The...

• Governor Shapiro Launches Multi-Billion Dollar Initiative to Combat Pennsylvania Housing Shortage

  Published: Feb 16, 2026

  Section: Politics

  Pennsylvania Governor Josh Shapiro introduced a Housing Action Plan to address critical affordable housing shortages. The plan focuses on streamlining approvals, increasing state f...