Industry Architects Weigh in on Deals that are Getting Done and Design Trends for the Future
A paradigm shift is occurring in real estate today, noted Mark Humphreys, CEO of Dallas-based Humphreys & Partners, at a recent Webinar, entitled “Multifamily Design Trends,” sponsored by NAHB (National Association of Home Builders).
While in good times, real estate is all about location, in today’s difficult economic climate, those deals that are getting done are primarily HUD Section 221 (d)(4), he asserted. Other examples of projects that are in demand, he said, are high-density student housing communities. The typical type of student housing today has small units—four bedrooms are particularly popular…