Development

A roundup of the latest leases, sales and other transactions in the Northeast middle markets.

The latest deals, trends and personnel moves in the Midwest region.

AMS plans to add an additional 125 apartments to the Silk Lofts site and construct at least two new buildings on the parking lots that surround the property.

Rising costs—including land prices, construction and multi-level fees—and legislation from the Split Roll Tax Ballot Initiative to a potential ban on dual agency are some of the region's most pressing concerns, the organization's incoming president tells GlobeSt.com.

“The multifamily industry needs to catch up with the revolutions that are already well underway in everything from transportation and retail to demographics and psychographics,” says Rick Haughey at the National Multifamily Housing Council.

In the long term, Yardi Matrix says that renter demand for multifamily product shows no signs of a slowdown.