Milwaukee

Uncertainty surrounding newly imposed tariffs on imported steel and aluminum is casting a shadow over the U.S. rental market, particularly in cities where multifamily construction has been booming. These duties, set at 25%, threaten to drive up construction costs, potentially stalling or even halting new apartment projects in markets that have seen the fastest growth in permitted multifamily homes, according to a report from Realtor.com.

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Kristen Smithberg

Kristen Smithberg is a Colorado-based freelance writer who covers commercial real estate, insurance, benefits and retirement topics for BenefitsPRO and other industry publications.