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- š° Affordable Housing Pipeline Reaches 3,000 Units
š° Affordable Housing Pipeline Reaches 3,000 Units
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š Data Point
Affordable Housing Pipeline Reaches 3,000 Units
Haven Housing, a Colorado-based firm, is ramping up its production of affordable housing, with more than 3,000 units now in development. The company targets sites near transit hubs, job centers, and grocery stores, aiming to meet rising demand among working families and seniors. Its pipeline reflects a growing push toward mission-driven development as affordability pressures continue across the U.S.
š§ Market Watch
Castle Rock, CO Adds Class A Rentals
Thompson Thrift has opened Montane Apartments, a 272-unit luxury community in Castle Rock, Colorado. The development offers a mix of one- to three-bedroom units and features amenities like a resort-style pool, dog spa, and work-from-home lounges. Castle Rock, located between Denver and Colorado Springs, continues to attract new residents due to its blend of small-town charm and proximity to major job markets.
š§¾ Rule of the Day
Vacancy Loss
Vacancy Loss refers to the income lost when rental units remain unoccupied. It's usually calculated as a percentage of potential gross income and helps investors estimate how much revenue may be missed due to unleased units. For example, if a 100-unit building rents for $1,200/month and 5 units are vacant, the monthly vacancy loss is $6,000.
š± Green Build
LEED v5 Pushes for Full Electrification
The latest LEED v5 framework introduces stronger criteria for full electrification and energy efficiency in residential buildings. It emphasizes grid-ready infrastructure, low-carbon materials, and building performance transparency. These changes reflect a shift toward aligning construction with broader climate goals and energy code reforms. Know more.
š Deal Radar
Rosemead, CA Garden Garvey Apartments is a new construction mixed-use property located in the prime San Gabriel Valley. It offers upscale in-unit features for a premium living experience, making it an attractive rental option. | West Roxbury, MA This multifamily property consists of 70 units and is located close to transit and commuter rail. Built in 2025, it offers 55 one-bedroom and 15 two-bedroom units. | Davenport, IA Built in 1968, this multi-family property has 24 units spread across four building. With an occpuancy rate of 95%, this property has a mix of 8 one-bedroom and 16 two-bedroom units. |
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