Mark Horner

23 Construction

236116 New Multifamily Housing Construction

This industry comprises general contractor establishments primarily responsible for the construction of new multifamily residential housing units (e.g., high-rise, garden, town house apartments, and condominiums where each unit is not separated from its neighbors by a ground-to-roof wall). Multifamily design-build firms and multifamily housing construction management firms acting as general contractors are included in this industry.

Average Jobs Employed 8
Average Loan Given $107,877
Number of Loans Given 7088
Total Amount Loaned $764,634,216

Building multifamily buildings on their own account for sale as speculative builders or merchant builders are classified in U.S. Industry 236117, New Housing For-Sale Builders;

Remodeling or repairing existing multifamily housing and other residential buildings are classified in U.S. Industry 236118, Residential Remodelers;

Performing specialized construction work on multifamily housing and other residential buildings, generally on a subcontract basis are classified in Subsector 238, Specialty Trade Contractors.

Constructing and leasing residential buildings on their own account are classified in Industry 531110, Lessors of Residential Buildings and Dwellings.