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The move will boost employment opportunities.
John Sebree will the head the program.
However, there is still 'considerable uncertainty' as the last six months have shown.
Annual multifamily rent growth has hovered around 1% for about a year following a rapid deceleration in 2021 and 2022.
Oversupply is helping Texas and Florida renters win concessions including free parking and discounted rent.
Just as shelter has been a negative force in inflation, rents are depressing small business optimism.
There was a drop in foreclosure activity in the second quarter of 2024 compared to the first quarter,
The energy company has been selling customized versions of Tesla Superchargers since 2023.
Joint venture eyes eight 18-story towers, 2,193 apartments.
Submarket snares highest rents, sees bevy of expansions in Q2 2024.