OMAHA — Set to rise in one of Nebraska’s oldest and changing urban neighborhoods is a 51-unit rental project aimed at keeping lower income residents from being priced out of midtown Omaha.

Not far away, a pair of obsolete downtown office buildings, each over a century old, are to be rehabbed into a total of 56 rent-restricted apartments on top of street-level commercial space.

Millions of Americans have been watching with growing alarm as their homeowners insurance premiums rise and their coverage shrinks. Nationwide, premiums rose 34%  between 2017 and 2023, and they continued to rise in 2024 across much of the country.

To add insult to injury, those rates go even higher if you make a claim – as much as 25% if you claim a total loss of your home.

The 35th annual Commercial Real Estate Summit, a landmark gathering of real estate agents, brokers, investors, and fellow stakeholders was held at the CHI Health Center in Downtown Omaha, Nebraska on August 23.  

As a first-time renter straight out of high school, Spencer Antrim didn’t know what to expect of his landlord when he signed a lease at Camelot Village Apartments.

The restaurant worker assumed it was normal to have some unresolved maintenance concerns. But over the next two-and-a-half years, the problems piled up.