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Turning empty offices into apartments is getting even harder

Only 3,575 apartment units were converted from office space in 2022. The already tough process now faces even more challenges. Cities hoping to convert emptying office buildings into apartments are running into 20-year high interest rates, reluctant banks, stagnating rental markets, ever expanding permit issues, and other challenges that are bottling up their efforts.  

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Multi-Family Update – August 2024

Multifamily fundamentals – consisting of occupancy and rental rate growth – are showing signs of stabilization as of the 2nd quarter of 2024, driven by less volatility in interest rates, slowing inflation, declining new apartment construction, and an increase in apartment demand. As reported by RealPage Market Analytics, multifamily unit absorption has been steadily increasing

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Square One Sponsors Tunnel to Towers organization: Dedicating its largest smart home to injured Marine

Square One is proud to be a sponsor to the Tunnel to Towers organization as it dedicates its latest smart home to injured US Marine Corps Staff Sergeant Benjamin Webb in Union Beach, NJ in observance of Independence Day. On June 28, as America prepares to celebrate Independence Day, the Tunnel to Towers Foundation welcomes

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