{"id":3276,"date":"2020-08-02T19:32:35","date_gmt":"2020-08-02T19:32:35","guid":{"rendered":"http:\/\/www.swetconstructiongroup.com\/blog\/?p=3276"},"modified":"2020-08-02T19:32:35","modified_gmt":"2020-08-02T19:32:35","slug":"florida-construction-of-multifamily-housingapartment-developments","status":"publish","type":"post","link":"https:\/\/swetconstructiongroup.com\/blog\/florida-construction-of-multifamily-housingapartment-developments\/","title":{"rendered":"Florida &#038; Georgia; Construction of Multifamily Housing\/Apartment Developments"},"content":{"rendered":"<p>Despite our difficult times and economy, multifamily housing continues to be resilient. Strong fundamentals make this industry a strong long term investment.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p><strong>The housing shortage here in the Southeastern United States is undeniable, increasing the high demand for rental growth.<\/strong><span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>To keep up with the market, 4.6 million new multifamily apartments will need to be developed by 2030, according to the National Multifamily Housing Council.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>This continuous shortfall in the industry\u2019s ability to keep up with the demand will no doubt increase the asset class performance.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" class=\"alignright size-medium wp-image-3146\" src=\"http:\/\/www.swetconstructiongroup.com\/blog\/wp-content\/uploads\/2020\/03\/mountain-lake-496546_1920-210x300.jpg\" alt=\"mountain-lake-496546_1920\" width=\"210\" height=\"300\" srcset=\"https:\/\/swetconstructiongroup.com\/blog\/wp-content\/uploads\/2020\/03\/mountain-lake-496546_1920-210x300.jpg 210w, https:\/\/swetconstructiongroup.com\/blog\/wp-content\/uploads\/2020\/03\/mountain-lake-496546_1920-716x1024.jpg 716w, https:\/\/swetconstructiongroup.com\/blog\/wp-content\/uploads\/2020\/03\/mountain-lake-496546_1920.jpg 1342w\" sizes=\"(max-width: 210px) 100vw, 210px\" \/>Multifamily housing at several income levels are expected to have significant returns.<span class=\"Apple-converted-space\">\u00a0 <\/span>Along with the newest renter grouping, who is renting for the conveniences, median rents are being forced to increase because of the under supplied market.<\/p>\n<p>\u201cRising rents are making it increasingly difficult for households to save for a downpayment and become homeowners,\u201d says Whitney Airgood-Obrycki, a research associate at the JCHS. \u201cAffordability is a major barrier even if you\u2019re making a solid income.&#8221;<\/p>\n<p>The current economic situation has made owning a home more difficult than ever for families and professionals.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>As a leader in multi-family construction and renovation, SWET Construction Group uses the latest technology, focus on what consumers are looking for and the latest trends to deliver quality solutions to your projects.<\/p>\n<p>While many multi-family housing are focusing on the younger renters, downsizing baby boomers still make up a good percentage. Recent studies show by 2020 nationwide 20 percent of renters will be over the age of 50 or older. Both smaller apartments, studios and one bedrooms, and multi-bedroom apartments will both be in demand.<\/p>\n<p>We highly recommend that you contact us to discuss your building project. Our professionals will show you, examples and discuss options. We are able to work within your budget and will suggest cost saving options for your project. We specialize in multi-family designs, both interior and exterior projects.<\/p>\n<p><a href=\"http:\/\/swetconstructiongroup.com\/contact.html\"><b>Contact SWET Construction Group for your next project!<\/b><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Serving Southeastern U.S. Orlando, Miami, Tampa, Jacksonville, Atlanta, Ft Myers, Sarasota, Lady Lake, Leesburg, Clermont, Lake Nona, Kissimmee, Ocala, Tallahassee, Marietta, New Smyrna, Deland, Brevard, Lake, Seminole and Orange Counties <\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[196],"tags":[69,67,134,86,88,30,78,73,26,35,22,18],"_links":{"self":[{"href":"https:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/posts\/3276"}],"collection":[{"href":"https:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/comments?post=3276"}],"version-history":[{"count":7,"href":"https:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/posts\/3276\/revisions"}],"predecessor-version":[{"id":3289,"href":"https:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/posts\/3276\/revisions\/3289"}],"wp:attachment":[{"href":"https:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/media?parent=3276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/categories?post=3276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/tags?post=3276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}