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Exploring Salt Lake City’s Development Boom
Salt Lake City, known for its breathtaking landscapes and vibrant culture, is experiencing a significant surge in development projects. This growth is driven by a combination of economic expansion, an influx of new residents, and a concerted effort to enhance urban infrastructure. In this digest, we highlight three notable projects shaping the future of Salt…
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Alaska Real Estate: Important Legislative Updates and Proposals
What’s New in Alaska: Population decline and a shrinking workforce have driven Alaska’s state government to push forward on several economic initiatives. To stimulate the local economy and drive population growth, the government is taking steps to lower barriers to entry in affordable housing development and incentivize investment. Here are the most recent proposals, and…
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The Outlook: Hawaii Real Estate Developers Are Hard At Work in 2024
Hawaii Development Updates: Hawaii’s real estate market continues to evolve, with several significant development projects underway in 2024. Below are some of the most noteworthy examples across the islands, offering insights into the opportunities emerging within the Hawaiian market.
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The Outlook: Residential Development in Portland and San Francisco
West Coast Development Updates: Cap rates, interest rates, and construction costs are on the rise, and these economic trends have impacted developers’ willingness to push ahead on projects this year. However, despite market headwinds, exciting affordable and luxury residential projects are slated to commence in 2024, bringing new options to Portland’s residential market and offering…
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Large Projects and Pending Approvals Signal Promising Legislative Trends in California
Development Updates in California: 2023 was a turbulent year for real estate nationwide, and California is no stranger to the hurdles developers faced when trying to pencil deals in the last year. Luckily, the changes voted on last year are beginning to take effect, leading the efforts to address the housing crisis and with permitting…
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Portland Real Estate: Positive Trends Ease Inclusionary Zoning Worries
What’s New in Portland: Since its inception in February 2017, Inclusionary Zoning regulations in the Portland Metropolitan have significantly impacted developers’ ability to pencil projects. However, an uptick in major developments in Portland and surrounding tertiary markets provides hope that the hurdles placed by this legislature may be easier to clear than once assumed. Here…
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Salt Lake City Finances Affordable Housing Development
What’s New in Utah: Despite ongoing economic headwinds, Salt Lake City incentivizes affordable housing development with low-interest gap financing. The capitalization has helped developers push forward on several exciting, affordable development projects. Here are the latest updates.
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Boise Real Estate Market Welcomes Affordable Housing Development
What’s New in Boise, Idaho: Idaho real estate developers are working hard on multifamily and affordable housing development this month – both experiencing an uptick across the Boise real estate market and beyond. Boise’s Housing Land Trust program is slated to turn city-owned land into affordable housing, and the city intends to introduce 1,250 affordable…
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Seattle’s Affordable Housing Developers Are Hard at Work This Summer
What’s New in Seattle: Seattle residents will soon welcome a number of newly opened apartment complexes, while other affordable housing developments are just kicking off. The projects will satisfy the growing demand for affordable housing in the area and address the larger housing crisis spreading across the United States. Amazon has backed another affordable housing…