US Built-for-Rent and Townhouse Construction: 1Q 2019

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    This is an important question given recent attention on the built-for-rent sector of the residential construction industry. Second quarter data for 2019 reveal that approximately 42,000 homes were built-for-rent over the last year, representing about 5% of single-family construction. Though this figure continues to trend modestly higher as.

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    Q1 New Construction quarterly report january 1 – March 31, 2019 Berks County Planning Commission 31% 9% 0% 46% 14% Single Family Detached Semi-Detached Townhouse Apartments New Housing Units by Type Q1 2019 0 70 105 140 210 245 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 Quarter 1 Non-Residential SQ FT Number of Residential Units.

    NEW YORK – J.C. Penney cut its outlook for the year as it trims costs to help offset declining revenue. The company’s first-quarter loss is along the lines of what analysts had expected, and revenue.

    That revenue would be used to finance construction or preservation of between 1,699 and 1,767 units of affordable housing per year-significantly more than the 1,353 units built in all of 2015. A.

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    Construction workers are scurrying around as well. WeHo News reports all these workers are union folk and that the RedBuilding-expected to open next year-will create 1,933 new construction jobs, 2,691.