Although multifamily housing starts are expected to slightly moderate this year and in 2019, production levels are projected to remain stable in a range considered normal, according to experts who presented at the National Association of Home Builders (NAHB) International Builders’ Show in Orlando, Fla.
Led by a steep 31.7 percent decline in multifamily production, nationwide housing starts fell 14.4 percent to a seasonally adjusted annual rate of 956,000 units in August, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
A respected business leader and strong supporter of affordable housing in the U.S. and around the world, J. Ronald Terwilliger is chairman of the Enterprise Community Partners, vice chairman Enterprise Community Investment, and chairman emeritus of Trammel Crow Residential
High-end looks for student and affordable housing, green and energy-efficient building systems and contemporary design are the hallmarks of this year's finalists for the 2013 Multifamily Pillars of the Industry Awards, which honor superior achievement in apartment and condominium development, design, marketing and management and are sponsored by the National Association of Home Builders (NAHB).