Apartment projects are becoming more expensive to build, straining development budgets.

Boston-based TwinFocus Capital Partners LLC serves clients with balance sheets totaling at least $100 million.

Technology that make new connections to equipment that residents already use may be among the next offerings multifamily residents expect.

There continues to be a steady flow of capital, although the big banks have tightened their hold on construction loans.

Jon Gray will assume the role as president and chief operating officer.