National affordable housing developer Standard Communities has extended its principal offices in New York, Los Angeles, and Washington, D.C., while also opening new offices in Miami and Nashville. The business’s staff has grown to around 90 employees.
Standard has expanded its portfolio by over 10,000 units since 2021, now totaling nearly 19,000 residential units. The company has seen its portfolio’s total value surge from $2 billion in 2021 to approximately $4.4 billion.
“Our investment in new and updated office spaces is really an investment in our people and the work they do. In-person collaboration provides significant value and is crucial in fostering effective teamwork and achieving our ambitious goals,” said Scott Alter, co-founder and principal of Standard Communities
Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money.
With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.