Modular Construction Growing in Multifamily Housing

The multifamily housing market is poised for strong growth this year, and modular construction has an important role in the boom. Tom Hardiman, executive director of the Modular Building Institute (MBI) says the approach is ideal because it shortens the overall construction schedule allowing for earlier occupancy and quicker return on investment. Modular construction can also reduce the high cost of labor, according to a post on NREIonline.com.

http://m.nreionline.com/multifamily/multifamily-embraces-modular-construction