LOS ANGELES-Developers are building multifamily properties for gen-Y, but they are finding that the baby boomer generation is also looking for similar, communal rental properties, Bruce Knoblock, first VP of development for Essex Property Trust told GlobeSt.com during RealShare Apartments 2013 in Los Angels. In this exclusive video, Knoblock discusses:

- The costs of adding amenities to a property

- The top development markets

- The future of development

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.