Real Estate & Construction News Roundup (4/16/25) – Multifamily Construction Opportunities, a Tariff Timeout for Commercial Developers and Data Center-Driven Real Estate Boom

In our latest roundup, REITs ramp up development, U.S. water infrastructure funding plateaus, Giant’s mixed-use development raises questions, and more!

• Although the Trump administration’s policies are creating uncertainty, many of multifamily’s biggest public companies see an opportunity to start construction. (Leslie Shaver, Construction Dive)
• Two federal departments formed a task force in March to explore how they might develop affordable housing on federal land. (Ryan Kushner, Multifamily Dive)
• Owners and developers of commercial construction projects may hesitate to move forward with new work after President Donald Trump levied tariffs on more than 180 countries. (Sebastian Obando, Construction Dive)
• Despite a recent infusion of federal dollars, the health of the country’s aging water infrastructure has plateaued amid burgeoning environmental stressors and new cleanup demands. (Julie Strupp, Construction Dive)
• AI data centers are becoming the new driving force behind real estate booms, replacing traditional factors like urban expansion. (Kara McIntyre, Entrepreneur)
• As the San Francisco Giants’ Mission Rock development becomes more visible over Oracle Park’s right-field fence, free agents and their representatives are starting to ask: Are they a real-estate company or a baseball team? (Sport Business Journal)

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