Arthur Greenstein’s Post

Over half a million apartments are slated to complete construction this year, up 9% from 2023 and 30% from 2022. As highlighted by GlobeSt.com, over 60% of this new supply is concentrated in just 20 metros with the total number of apartments being added enough to roughly house the entire population of Atlanta. Of the metropolitan areas set to receive a majority of the new inventory - Arizona, New York, and Texas are notable standouts. The Mogharebi Group recognizes the potential for opportunity in these growing #multifamily markets, with a particular interest in #Phoenix. https://lnkd.in/gk3MXUFD

BREAKING GROUND | The Landings at Gateway New development brings 39 townhomes to the Denver Metro Area. Haselden Builders, a subsidiary of Haselden Construction, officially broke ground on a new 89,000-square-foot multifamily residence bringing 39 townhome units to the area surrounding Denver International Airport. The development is the final installment of an existing master plan for the area that includes both commercial and residential space. Adding more inventory to the already strained Denver market will help efforts to reduce the housing burden on the Colorado community.  As the Colorado population continues to boom, housing remains a strong market for the Denver Metro Area. Development is increasing exponentially along the I-70 corridor near Denver International Airport as Denver continues to expand east. This area has seen strong growth over the past decade due to its proximity to the city and ample land to develop. #coloradoconstruction #constructionindustry #constructionlife #multifamilyconstruction #townhomes #denvercolorado #buildingforthefuture Follow Colorado Construction & Design® magazine and keep track of what's going up and what's coming down in Colorado.

Over half a million apartments are slated to complete construction this year, up 9% from 2023 and 30% from 2022. As highlighted by GlobeSt.com, over 60% of this new supply is concentrated in just 20 metros with the total number of apartments being added enough to roughly house the entire population of Atlanta. Of the metropolitan areas set to receive a majority of the new inventory - Arizona, New York, and Texas are notable standouts. The Mogharebi Group recognizes the potential for opportunity in these growing #multifamily markets, with a particular interest in #Phoenix.

Amazing news in the #BostonRealEstate scene! Lincoln Property Company recently received a whopping $68.33m in financing from Rockland Trust for an innovative project – transforming a 177k sq ft office tower into a 154-unit apartment building in the heart of Boston. This strategy presents a more cost-effective solution than the average $400k it takes to construct each apartment from scratch. Simultaneously, it adds density to Boston's urban core, a key challenge facing developers. Great to see solutions that embrace efficiency and affordability! Let’s take a moment to reflect on our strategies. Are we exploring all possible avenues to maximize real estate value? Are we overlooking opportunities that capitalize on existing structures rather than building new ones? There’s potential for untapped value right here in #Boston. Feel free to reach out and discuss how we can better navigate the dynamic Boston market and devise strategies that leverage all resources. Let's rethink #BostonRealtor solutions and make informed decisions for maximized returns. Always here to provide expert advice with the #TurcoGroup at #eXpRealty! #BostonCondo #BostonHome #MovemetoBoston

Land opportunity with approved plans for a 23-unit mixed use development: **Significant financial upside, this development was submitted PRIOR to the new Denver affordable housing requirements that went into effect in 2023. If the project was to be submitted today there would be an additional $300-400k in fees that would need to be paid to the city.** An incredible opportunity for investment and development awaits on this 16,786-square-foot lot in Baker. Offering plans for a 23-unit, three-story, mixed-use development, this coveted land offers exceptional potential for an innovative new project. Conveniently situated in proximity to the vibrant Santa Fe Arts District, this property grants easy access to galleries, restaurants and entertainment. This strategic location also provides swift accessibility to 6th Avenue ensuring convenience for both residents and businesses. Imagine bringing a personalized vision to life on this lot in a sought-after locale.     #mhmhomes #milehimodern #thecoolesthomesintown #denverrealestate #denverland #denverlandforsale #denverlandlistings #landlisting #baker #justlisted

Revolutionizing Detroit: New Construction and Rehab Strategies Explore innovative new construction methods in Detroit's housing market. This video highlights ongoing projects, including a pilot program for mobile homes, and discusses the future of rehab efforts in the city. Join us as we shape the future of urban living! Join me with @fractionalapp to partner with me on my next project for Big Yella aka 3067 Parker. ✅Comment PARKER if you’d like the link sent to you or click the link in my bio. 👉🏽Make sure you follow @DensonConstServ and @ladycontractor for all things investing in #Detroit. #DetroitRealEstate #NewConstruction #RehabHomes #HousingInnovation #MobileHomes #UrbanRevitalization #CorktownProject #RealEstateInvestment #FutureOfHousing #PropertyFlipping

Now that the Stratford Sphere is out of the picture, can we build those 2,000 homes instead? https://lnkd.in/dyVG533n #StratfordSphere #housingcrisis #propertydevelopment

In the vibrant Silver Coast submarket of Southeast Washington, D.C., stands an iconic mixed-use residential property, a testament to cherished memories and timeless elegance. With an unwavering commitment to excellence, we embarked on a transformative journey to unlock the property's full potential. Delving deep into every aspect of the property's character, we left no detail overlooked, exploring its architectural intricacies and zoning regulations. Collaborating closely with architects and engineers, we crafted an innovative sales strategy that set new industry standards. Armed with a profound understanding of the market, we boldly introduced a pricing strategy that exceeded expectations, laying the foundation for unparalleled success. As offers were reviewed, a surprising offer emerged from a local prominent developer, offering $600,000 for the property. Nevertheless, we secured a remarkable sale price of $1,125,000, showcasing our ability to maximize value for our clients. It's worth noting that the property had not changed hands for almost 50 years, and our clients were the second owners, inheriting the residence from their parents. In the end, the family's cherished residence commanded a record-breaking price for the Penn Branch neighborhood, solidifying its status as a true gem in our nation's capital. #SilverCoast #WashingtonDC #RealEstate #MixedUseProperty #CherishedMemories #TimelessElegance #Excellence #Innovation #Specialization #MarketUnderstanding #MaximizeValue #RecordBreaking #PennBranch #Gem #DealStory #ActionOverWords #DCFocus

As a locally owned and operated company, we are thrilled to witness Austin's continued growth💥 The teal in downtown Austin symbolizes upcoming developments. The aerial rendering of downtown Austin highlights buildings completed from 2023-2024 in gray, buildings under construction in red, and buildings in the planning stages in teal. Downtown Austin’s population increased by approximately 850 in 2023, bringing the total to 15,360, which is about 1.6% of Austin’s overall population, according to the DAA’s report. The surge in multifamily development downtown is accommodating the growing population. Last year, 1,303 new multifamily units were completed, with an additional 3,062 units currently under construction. These new units add to the existing supply of 3,242 condos and 7,082 apartments. Among the ongoing projects, the Waterline tower will become the tallest building in Texas upon completion. This is part of the 2.56 million square feet of office space currently under construction in downtown Austin. Commercial, new construction and short-term rental cleanings.  🌐rcs-austin.com #austintexas #realestate #powerwashing #cleaningservices #austintexascleanings 

Did You Know Thursdays: Deciphering Residential Zoning 🏘️📏 This Thursday, let's unravel the alphabet soup of residential zoning. Understanding zoning classifications can be the key to unlocking the potential of your property. 📏🏘️ Today's Tidbit: Residential Zoning in Ontario Zoning Classes: In Ontario, residential areas are divided into zones like R1, R2, and so on. Each classification has rules on the types of homes that can be built. R1 Zoning: This typically allows for single-detached homes, offering spacious living and a slice of the suburbia dream. R4 Zoning: Aimed at urban development, R4 zones accommodate high-density apartments, making them hotspots for investors and developers. Knowing your zone can influence everything from property value to the type of community you're joining. At ConstructionX, we not only build homes, but we also provide insights into how zoning laws can impact your home ownership and investment decisions. 🏡 Dive deeper into the world of zoning and how it affects your building possibilities at www.constructionx.ca. 👉 Stay informed every Thursday with essential knowledge from the realm of construction and real estate with ConstructionX. 📱 For more Did You Know snippets and construction insights, follow ConstructionX on Instagram, Facebook, X, and LinkedIn. #DidYouKnowThursdays #ResidentialZoning #ConstructionX #OntarioZoning #RealEstateKnowledge #BuildingLaws #PropertyInvestment #ZoningLaws