Press

Smart, Cost-Effective Construction Techniques for Safe Buildings in the ‘New Normal’

2020-09-14T16:55:01+00:00August 19th, 2020|News, Press|

As the COVID-19 pandemic continues to unfold, multifamily property owners and tenants are demanding “a healthier building” as they look to increase physical distancing and decrease shared contact surfaces in apartment communities. In addition to instituting updated policies and procedures for renters and management staff, multifamily stakeholders are seeking new ways to provide healthier environments

New Low-Income Townhome Development Along Fair Oaks Avenue Completed

2020-09-14T16:42:25+00:00August 6th, 2020|News, Press|

Workers have completed construction of a new 16-unit project consisting of two townhomes to be sold to qualifying low-income home buyers at roughly half their market values. Decker Court, with nine homes, and Gill Court, with seven, is a project by the nonprofit housing developer Heritage Housing Partners, in partnership with the city of Pasadena, according

Women of Influence 2020

2020-09-02T22:44:56+00:00July 22nd, 2020|News, Press|

Welcome to our 2020 edition of Women of Influence. As we have been doing for many years now, we have based our selection of nearly 200 candidates on such criteria as career achievements, community outreach and mentorship within the industry. And as we experienced in previous years, we found it hard, to say nothing

Why Affordable Housing Construction Will Shine Despite COVID-19

2020-05-22T19:07:42+00:00May 22nd, 2020|News, Press|

The COVID-19 pandemic has pervaded nearly every aspect of commercial real estate, including the multifamily sector. According to the Wall Street Journal, sudden wide-ranging unemployment due to government-mandated economic shutdowns resulted in almost a third of U.S. apartment dwellers not paying rent in April, which has in turn led to cash-flow concerns for multifamily landlords.

Homebuilders Can Achieve Both Cost Efficiency and Quality

2020-05-22T19:22:09+00:00February 26th, 2020|News, Press|

The demand for affordable housing communities has never been stronger. As home prices rise nationwide, housing affordability is moving further out of reach for a large swath of people. A recent report from property data provider ATTOM Data Solutions revealed that home price appreciation is outpacing wage growth in 76 percent of U.S. housing

You CRE Me: 6 Real Estate Power Pairs

2020-02-28T18:43:01+00:00February 13th, 2020|News, Press|

Commercial real estate executives work hard at maintaining relationships in the industry. Some have a little help from Cupid. This Valentine's Day, we spoke with six couples who work in commercial real estate, some at different companies, and some that can carpool together to the office, proving absence isn't necessary to make the heart grow fonder. Read

Will Construction Costs Continue to Rise in 2020?

2020-02-05T18:25:41+00:00February 4th, 2020|News, Press|

Construction costs continued to climb again last year after years of rapid growth, but could that change in 2020? The new construction pipeline is growing as a result of opportunity zone activity, and in 2020, new construction activity will continue to grow. However, Richard Lara of RAAM Construction doesn’t expect the increase in activity to put pressure on

Will Opportunity Zones Help the Affordable Housing Crisis in SoCal

2020-02-05T18:21:57+00:00January 28th, 2020|News, Press|

Opportunity zones have quickly become one of the most popular investment models, and it isn’t surprising. The model has the potential to completely avoid capital gains tax—but with a trade off. Investment has to target communities in need of economic growth and investment. However, does the model actually work in action, and will it

Will the New Affordable Bill Overlap with Opportunity Zone Projects?

2020-01-09T02:22:43+00:00November 14th, 2019|News, Press|

SB-196 is one of many new housing bills that Governor Newsom has signed into law to encourage affordable and low-income housing development. The bill provides a property tax exemption for community land trusts building affordable housing—a huge benefit—but that could be just the beginning. In some cases, these projects could also line-up with opportunity