Higher interest rates, labor shortages and material prices continue to impact the flow of construction starts — resulting in little forward momentum over the last 12 months.
Rising mortgage rates and high construction costs stemming from a dearth of construction workers, a lack of buildable lots and ongoing shortages of distribution transformers put a chill on builder sentiment in August.
Villa will manage Chilewich Contract and design solutions, which includes installed flooring products, rugs, wall textiles, upholstery fabric, and window coverings for applications ranging from healthcare and corporate to hospitality and multifamily.
Headquartered in New Jersey and founded in 2020, Aperion Surfaces is available in over 250 flooring stores throughout the U.S. including three of the top 10 privately owned retailers in the country. Aperion offers products and services to the multifamily, commercial, and retail markets.
HD Supply announcement on August 2 sent waves through the multifamily and single-family rental world and continues the rapid pace of consolidation in the space.
U.S. construction spending increased in June and the prior month's data was revised higher, boosted by spending in both single-family and multifamily housing projects.
What's being specified for floors at big tech offices like Google, in luxury multifamily and high-end residential? Floor Trends catches up with Havwoods Global Product Director Anthony Scott to discover this year's market trends in wood flooring.
SCI Flooring operates as SCI Floor Covering in Detroit, Michigan; MC Flooring in Kansas City, Missouri; and Eastpointe Interiors in Grand Rapids, Michigan.
Rasa Floors, a multifamily flooring provider based in Carollton, Texas, announced it has acquired Floors First Nashville, a multifamily and investment property provider based in LaVergne, Tennessee.
