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Higher-income renters continue to drive what’s getting built and leased in the multifamily sector

BD+C

Starts of buildings with five or more housing units rose from December 2018 through December 2019 by 74.6% to a seasonally adjusted annual rate of 536,000, according to preliminary Census Bureau estimates. At the end of that period, the number of multifamily housing units under construction was up 7.3% to 177,000.

Income 102
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Phases of Commercial Real Estate Development

Construction Marketing

Commercial real estate development involves the process of acquiring, designing, constructing, and leasing or selling commercial properties such as office buildings, retail centers, and industrial parks. This can be done through a purchase or lease agreement. To Lease or Sell?

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What’s Driving Record Growth in the Rental Market?

Pro Builder

A record 700,000 apartments were leased last year, more than double the five-year average, while leases in Q1 2022 were double the number reported in Q1 2021, according to John Burns Real Estate Consulting. Household incomes also rose 10% year-over-year in April 2022, helping to keep rent-to-income ratios below 30% nationwide.

Income 97
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Nevada Stops Subsidizing Net Metering

Green Building Law Update

a homeowner with leased photovoltaic panels on their roof) in southern Nevada by approximately $623 per year, having the effect of increasing electricity costs for the many (including disproportionately, the poor). Net metering programs that exist today are a regressive income redistribution in support of a greater political goal.

Nevada 120
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Construction Business Owner Blogs

Construction Business Owner

All businesses that purchase, finance, and/or lease less than $2 million in new or used business equipment during tax year 2011 should qualify for the Section 179 Deduction. “Bonus” Depreciation – 100% (taken after the $500k deduction limit is reached). Who Qualifies for Section 179?

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4 Things You Need To Know About Snow Removal Insurance

Construction Marketing

When you’re generating more income , it basically means more business. It also covers those you borrowed, leased, or rented. . For example, if you’re just clearing away residential areas, the price would be lower than when you’re removing snows from public roadways or city streets. . Usually, more business means more liability risks.

Insurance 185
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5 Factors for Businesses to Plan a New Construction Project

Wolgast Corporation

Leaseback construction offers for an owner to lease the property back from the contractor per an agreed upon timeline. By getting their design and construction teams involved earlier in the planning process, a business owner will make educated building decisions faster and in turn be able to generate income faster.

Plans 126