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Real Estate Investment Trusts (REITs): Understanding the Construction Connection

Construction Marketing

Real Estate Investment Trusts (REITs) are owners, operators, and financers of income-generating real estate properties. The primary purpose of a REIT is to generate income for its investors through rental income, capital gains, or both. As such, it may lead to higher rental income and property values.

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Income Needed to Afford a Home in Every U.S. City

Pro Builder

Income Needed to Afford a Home in Every U.S. metros and the minimum income needed to afford a home. But some less dense cities, such as Toledo, Ohio, only require a minimum income of $17,700 to afford a home. Zippia also applied the standard rule that your monthly mortgage payments should be less than 30% of your monthly income.

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Marvel-designed Gowanus Green will offer 955 affordable rental units in Brooklyn

BD+C

Marvel-designed Gowanus Green will offer 955 affordable rental units in Brooklyn The community consists of approximately 955 units of 100% affordable housing, 28,000 sf of neighborhood service retail and community space, a site for a new public school, and a new 1.5-acre acre public park. acre public park. acre public park.

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Puerto Rican mixed-use, mixed income housing development begins construction

BD+C

The Jose Gautier Benitez development is officially under construction on a 21-acre site in Caguas, Puerto Rico. The site will be divided into six residential blocks that includes five streets dedicated to family housing, and one reserved for elderly housing.

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Cincinnati Soccer Stadium Siting Raises Questions

ENR Construction

Cincinnati’s West End is a mostly Black neighborhood where, compared to the rest of the city, the median income is lower and the percentage of residents who rent is higher.

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How Much Does It Cost to Buy a Home in the Largest U.S. Cities?

Pro Builder

Qualifying for a mortgage in today's high-cost housing market requires more income than in years past, but some U.S. need to have a qualifying annual income of $359,127 to afford monthly payments of $8,380 for a median home price of $1,688,000. metros are more affordable than others. Housing Markets. Affordability. New-Home Sales.

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Former motorcycle factory converted into affordable housing

BD+C

A 55,000-sf, five-story former manufacturing mill facility for Indian Motorcycle has been converted into 45 apartment units for low-income residents in Springfield, Mass. . Amenities include on-site laundry facilities, heat and hot water included, and 24 hour emergency maintenance. . . Units range in size from 570 sf to 1,150 sf.

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