Category Archives: multi-family

Midwest states dominate list of best destinations for Millennials

by Dan Rafter What states offer the most to Millennials looking for a new home? You probably think of New York or California, right? Well, a new report from financial Web site MoneyRates.com found that many of the best states … Continue reading

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Apartment rents starting to dip a bit in Midwest cities

by Dan Rafter Apartment rents might seem sky-high in cities like Chicago, New York City and San Francisco. But there are actually some cities — two significant ones in the Midwest — in which monthly apartments rents are actually falling. … Continue reading

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Cleveland’s downtown transforms through redevelopment, tax credit program

by Sara Freund The very first electronic traffic light flickered on in 1914 on Cleveland’s busy Euclid Avenue. It signaled a bustling, leading city—but somewhere in the following decades the buildings on that street fell into disrepair, leaving vacant, largely obsolete, product. But in 2006, that started to change. That’s … Continue reading

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Downtown surge doesn’t miss Detroit: Rejuvenation continues in city’s center

by Dan Rafter Eric Banks says that Dan Gilbert, the businessman who founded Quicken Loans and Rock Ventures and owns the NBA’s Cleveland Cavaliers, is the rock behind the recent revitalization of downtown Detroit. It’s hard to argue with Banks, … Continue reading

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Lancaster Pollard survey: More affordable apartment projects on the way?

by Dan Rafter Developers will be building plenty of affordable multifamily projects during the rest of 2017, if the results from a housing survey released in April by Columbus, Ohio-based Lancaster Pollard are to be believed. In its survey of … Continue reading

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Louisville still driving Kentucky’s economic fortunes

by Dan Rafter Kentucky has several important metro areas, with cities such as Lexington, Bowling Green and Covington serving as economic engines for the state. But today, no single metropolitan area is providing as big of a boost to the … Continue reading

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The power of urban living: Relying on multifamily housing to transform a former paper-mill town

by Dan Rafter The city of Wisconsin Rapids isn’t unlike other Midwest towns: This Wisconsin city once relied on busy paper mills for jobs. And when the businesses running those mills downsized, the city struggled to reinvent itself. Today, though, … Continue reading

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