Tag: Multifamily

  • Exclusive: Minnesota single stair review shows taller buildings possible with code changes

    Exclusive: Minnesota single stair review shows taller buildings possible with code changes

    A new report commissioned by the Minnesota Department of Labor and Industry (DLI) concludes that single-stair multifamily buildings could be constructed at roughly twice the height and occupancy allowed under the current model code—with a small set of targeted code adjustments. According to the draft report, released on Dec. 30, 2025, requiring smoke alarms in… Read More

  • Multifamily sector continues to see declines

    Multifamily sector continues to see declines

    The multifamily housing industry is navigating a period of significant change in 2024. Rising construction costs, driven by increased material prices and labor shortages, have made new developments more expensive and less profitable. Additionally, higher interest rates have led to tighter financing conditions, making it more difficult for developers to secure funding needed for new… Read More