Blog

Affordable Housing Is a Financing Problem Before It Is a Building Problem

Why affordable and market-rate multifamily share the same construction process but completely different economics — and how layered financing, tax credits, and California density tools change the math.

... 5/4/26 Real Estate Development

Multifamily Feasibility Runs on Absorption and Developer's Cap Rate

Two pro forma inputs decide whether a multifamily project actually pencils — how fast it leases up, and whether the developer's cap rate beats the market by enough to justify the construction risk.

... 5/4/26 Real Estate Development

The Pro Forma Is Where Multifamily Development Actually Happens

How feasibility decides whether a multifamily project moves forward — site selection, density calculations, impact fees, absorption risk, and the developer's cap rate.

... 5/4/26 Real Estate Development

Apartment Development Is a Long Game, and Everything Follows From That

How the rent-or-sell decision shapes apartment development, why homeownership is your real competition, and what building codes reveal about construction economics.

... 5/4/26 Real Estate Development