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How Construction Costs are Influencing Multifamily Real Estate

A steady increase of material and labor costs have definitely affected new development in the multifamily housing market over the past few years. Those costs, combined with a growing labor shortage in construction, have extended the time for new developments to hit the market.
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Bader Diamond Funds Closes Another New Investment

Early this month, Bader Diamond Funds closed an exceptional Class “A” asset in a strong submarket of suburban Minneapolis. The off-market opportunity includes Victoria Flats, a multifamily property in Victoria, MN.
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Robb Bader to Speak at Upcoming Bisnow Event

Suburbs, both around the country and right here in the Twin Cities metro, are making room for a different kind of development: multifamily homes such as apartments, duplexes, triplexes and fourplexes. According to survey data from the Metropolitan Council, in 2017, multi-family units made up more than half of new residential units permitted — a number that has been increasing in recent years.
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