Freddie Mac estimates the U.S. has a housing deficit of 3.8 million units, across all housing types and post-pandemic office vacancies exceed 16%, with some major cities reaching 31% vacancy rates.
Category: Residential
Understanding your office-to-residential conversion’s structural engineering up-front will save time and money later
Office to residential conversion seems like a simple solution to a problem. Nationwide, office vacancies stand at 17%, with some big cities — San Francisco, Houston, Austin — topping 20%, while the U.S. faces a housing deficit of 3.8 million units.
New multifamily housing needed to meet rising demand
By Donovan Geske The multifamily housing market is hot – and it’s showing no signs of slowing down. About 4.3 million new apartments are needed by 2035 to meet the rising demand for rental housing, according to the National Multifamily Housing Council (NMHC) and National Apartment Association. That’s 266,000 new units each year, in addition
Luxury residential design: A home with a moat
The Big Timber Riverside Residence is one of the most unique, luxurious, and modern residences in Montana.