Multifamily

From high land values to rising construction costs, the price to develop in Los Angeles is fueling the affordability crisis.

GVSHP executive director Andrew Berman says council member Carlina Rivera can preserve neighborhoods alongside the Tech Hub development.

A new park-centric multi-use development called Monarch City was recently introduced by the Howard Hughes Corporation and zoning is expected to begin this year on the community.

The Walker & Dunlop team has now closed three new South Florida apartment development transactions for HG Management, totaling nearly $350 million in sales volume.

“Proven rent premiums for redeveloped units in this market make the community an excellent opportunity for a value-add addition to our portfolio,” says Wilkinson Corporation's George Waymire.

Real Capital Markets, which just reached a $1 trillion milestone, is seeing a surge in the volume of its industrial deals.

John H. Banks, the president of the Real Estate Board of New York, says the way out of the housing crisis is to build more affordable and market rate rental housing.

In addition to providing a unique transit-oriented development opportunity, 45 of the units at MacArthur Station Parcel B will be inclusionary units to provide affordable housing options.