DFW faces a growing shortage of affordable senior housing just as the silver tsunami of residents 65 and older in North Texas is projected to triple by 2050.
With nearly 90% of Dallas-Fort Worth’s stockpile of senior housing occupied and little affordable product on the way, baby boomers turning 80 and older could be in for the fight of their lives when looking for affordable housing options in the years to come.
But building more will be an uphill battle, thanks to a lack of incentives, dwindling financing options and an industry that has become gun-shy about overextending itself after taking a battering during the…
Lawsuits volleyed between RealPage and state and local governments last week.
The Washington attorney general on Thursday sued RealPage, along with landlords like Greystar and Cushman & Wakefield, just one day after RealPage filed suit against Berkeley, California, over a local law banning software that uses algorithms to help landlords set rents.
The wave of new apartment deliveries spurred by pandemic-era construction has crested.
Just over 576,000 new apartments came online in the trailing 12 months ending in March, down from the 585,200 units built in 2024 and the first quarterly decline in more than two years. It is a shift that is expected to last as new deliveries continue to decline, according to RealPage.
People speak of a doctor’s “bedside manner” and why listening skills and empathy are as important as medical expertise in helping a patient navigate a difficult time. The same could be said of a building contractor working on a healthcare facility.
Healthcare clients often struggle with their own anxieties as they embark on a facility renovation or a new build, said Jason Scholl, president of Philadelphia-area general contractor LK Miller.
“Medical professionals are often unfamiliar with construction processes, so a contractor must be able to translate technical details into clear, actionable steps while maintaining a consultative approach,” he said.
Scholl said a healthcare provider…
Houston real estate developer Ali Choudhri has been threatened by a federal judge with imprisonment and monetary sanctions after months of efforts to get the Jetall Cos. CEO to turn over emails related to a federal investigation into potential financial crimes.
After a wave of legislation was proposed to regulate data centers, Virginia Gov. Glenn Youngkin has delayed and possibly killed the one data center bill that made it to his desk.
Brookfield’s $102B real estate division has sold an 8% stake in one of the giant property funds it manages to an insurance company under its ownership.
That same insurer has picked up $2.5B in other Brookfield assets in the last two years. Other investors, including Apollo Global Management, KKR and Blackstone, have also bought or partnered with insurance companies in recent years.
Miami has become a magnet for New York firms eager to lay the groundwork for their next big project, but the transition isn’t easy.
Two years after the failures of Silicon Valley Bank and Signature Bank touched off waves of panic over the concentration of commercial real estate loans held by regional banks, financial institutions are making a dent in their balance of bad debt.
Concerns about regional banks’ ability to absorb declining real estate values became pervasive despite a pullback from CRE lending in the wake of the banks’ failures.
Plans to build a $300M plastics recycling plant in Erie, Pennsylvania, have been canceled as sweeping new tariffs push up prices for materials and imported machinery, clouding a yearslong push to boost U.S. manufacturing.
International Recycling Group said Thursday it would cancel a factory in the works for four years, partially blaming tariffs that would bring “expectations of substantially higher project development costs than anticipated,” according to CEO Mitch Hecht.