News & Analysis as of

Multi-Family Development Housing Market

Davis Wright Tremaine LLP

Seattle Upzoned To Allow "Middle Housing"

Single-family-only zoning has officially ended in the City of Seattle. On May 27, 2025, the Seattle City Council passed CB 120969 to comply with RCW 36.70A.635, which requires adoption of development regulations allowing for...more

Troutman Pepper Locke

Texas Senate Bill 840: A Game-Changer for Housing Development

Troutman Pepper Locke on

On May 28, Senate Bill 840 arrived on Texas Governor Greg Abbott’s desk after passing the Texas House and Texas Senate with bipartisan support. Authored by State Senator Bryan Hughes, the bill aims to increase the state’s...more

Jones Day

Bridging the Gap: Supply Shortfalls and Soaring Demand in the UK Build-to-Rent Sector

Jones Day on

The UK faces a significant housing crisis due to an acute shortage of homes caused by high capital costs, increasing construction and development expenses, regulatory and political uncertainty, and persistent delays in the...more

Jones Day

London Leads in Affordable PBSA: What's Next for the Rest of England?

Jones Day on

London boroughs are implementing the London Plan's requirements for affordable Purpose-Built Student Accommodation ("PBSA") in varied ways, with some setting stricter or additional criteria....more

Polsinelli

Texas Multifamily Revolution: Governor Abbott Considers Texas Senate Bill That Could Transform Zoning for Mixed-Use Residential /...

Polsinelli on

Introduction to Texas Senate Bill SB 840 - To combat the housing shortage in Texas, the Texas Senate introduced Bill C.S.S.B. 840 (SB 840 or the bill) in April 2025. The purpose of the bill is to streamline the conversion...more

Akerman LLP

New York City Council Approves the “Atlantic Avenue Mixed-Use Plan”city=o

Akerman LLP on

The New York City Council approved the Atlantic Avenue Mixed-Use Plan (AAMUP) on May 28, 2025. This initiative represents a significant rezoning aimed at transforming a key corridor in Central Brooklyn, which has been zoned...more

Farrell Fritz, P.C.

From Vacancy to Vibrancy: Empire State Development’s Vision for Long Island Housing

Farrell Fritz, P.C. on

On March 27, 2025, Empire State Development, New York State’s chief economic development agency, announced the launch of the Long Island Forward Housing Program (LIFHP), a $10 million initiative designed to promote and...more

Baker Donelson

The Seniors Housing Crisis: Opportunities for Developers and Contractors

Baker Donelson on

Aging Baby Boomers are bringing higher-than-ever demand to the seniors housing market, and prudent developers are looking to build additional facilities now. This significant and immediate need for additional seniors housing...more

Allen Matkins

What kinds of assets are investors targeting in today’s shifting political and economic climate?

Allen Matkins on

“I am seeing continued enthusiasm for existing multifamily assets – particularly those with a value-add opportunity. Although renovations are expensive, the improvement of an existing multifamily asset provides investors with...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (4/16/25) – Multifamily Construction Opportunities, a Tariff Timeout for Commercial...

In our latest roundup, REITs ramp up development, U.S. water infrastructure funding plateaus, Giant’s mixed-use development raises questions, and more!...more

Mayer Brown

Can Volumetric Construction Solve the Housing Crisis?

Mayer Brown on

The UK is facing a severe housing crisis, with a chronic shortage of affordable and sustainable homes, rising property prices, and a growing population that outstrips supply. Although the planning system is a key culprit, it...more

Allen Matkins

Sustainable Development and Land Use Update 4.9.25

Allen Matkins on

San Francisco Mayor Daniel Lurie has released a rezoning plan to allow taller buildings along transit routes from the Marina to the Sunset and Richmond districts, changes he said would accommodate 36,000 new housing units...more

Lerch, Early & Brewer

Montgomery County’s Bold New Steps for More Affordable Housing

Lerch, Early & Brewer on

Montgomery County is taking decisive action to expand affordable housing options and support the County’s residents with the More Housing N.O.W. (New Options for Worker) legislation package....more

Allen Matkins

Inflation and Rising Costs Won’t Slow Multifamily Momentum

Allen Matkins on

Vacancy rates across the state are showing improvement, particularly in San Francisco, which reflects California’s housing shortage. Demand also remains strong, and supply is growing, suggesting confidence in the sector...more

Ballard Spahr LLP

MD/DC Multifamily Update

Ballard Spahr LLP on

With Election Day fast approaching, market indicators appear more promising, notwithstanding regulatory hurdles. As a follow-up to our most recent Alert, below are some updates on recent multifamily legislative and legal...more

Ballard Spahr LLP

Multifamily Update-Rent Control Portal, Eviction Reforms, Shelf and Conversion Condos, BEPS, Vacancy Control, Just Cause...

Ballard Spahr LLP on

On the multifamily front, transactions are picking up. The benefits of the interest rate cut by the Fed are offset somewhat by the increasingly complex legal and regulatory environment impacting multifamily properties,...more

Otten Johnson Robinson Neff + Ragonetti PC

Explaining the New Governmental ROFR and ROFO in Colorado Applicable to Select Multifamily Properties

As of August 7, 2024, owners of for-rent affordable housing properties in Colorado consisting of five units or more and owners of for-rent market-rate multifamily properties in Colorado consisting of between 15 and 100 units...more

Lerch, Early & Brewer

Rockville and Montgomery County Take Differing Approaches to Rent Stabilization

Lerch, Early & Brewer on

The City of Rockville and Montgomery County are addressing affordable housing with differing approaches. Both jurisdictions took action on rent control this summer, with plans for future legislation or applicable regulations...more

Ballard Spahr LLP

National Rent Control, Prince George’s County Enacts New Rent Control, Montgomery County Poised to Adopt Regulations for Rent...

Ballard Spahr LLP on

Rent control continues to be headline news, with local legislation being enacted and national legislation being proposed. The rent control law in Prince George’s County was enacted yesterday and it appears that the rent...more

Allen Matkins

New California Assembly Committee Aims to Reduce Permitting Obstacles for Housing and Climate Projects

Allen Matkins on

The Assembly Select Committee on Permitting Reform held its first hearing on June 18, 2024, commencing its efforts to address California’s housing and climate crises by reforming the state’s land use permitting regime....more

Allen Matkins

Recently Effective & Pending State Housing Laws - 2024 Land Use, Environmental & Natural Resources Update

Allen Matkins on

Various state housing bills are currently making their way through the State Legislature that are expected to benefit mixed-income multifamily housing developers. The following summaries reflect the status of the legislation...more

Verrill

Massachusetts’ Mandated Multi-Family Zoning Moves Forward, But Some Towns Resist

Verrill on

Town Meetings across Massachusetts are voting on zoning bylaws that would encourage multi-family housing. According to Section 3A of the Zoning Act, passed in 2021, 177 cities and towns near MBTA transit must ensure that...more

Holland & Knight LLP

Changes to New York's Housing Laws: What You Need to Know

Holland & Knight LLP on

New York state has enacted changes in the housing laws that will have a significant impact on the development and operation of multifamily housing in New York City and the state, and will also ameliorate the effects of...more

Ballard Spahr LLP

D.C., Maryland Multifamily Housing Update: Prince George’s County Rent Control, Montgomery County Tenant Protections, Montgomery...

Ballard Spahr LLP on

There have been a number of new regulatory developments since our prior Alert, including updates on Prince George’s County rent control, Montgomery County tenant protections, Montgomery County Right of First Refusal (ROFR)...more

Holland & Knight LLP

Florida Legislature Amends Live Local Act's Land Use Provisions

Holland & Knight LLP on

The Florida Legislature on Feb. 28, 2024, passed Senate Bill 328, which amends the Live Local Act (Amended Act). It becomes effective upon becoming law (except as otherwise provided). While most of the 2023 Live Local Act...more

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