Press

Contractors Find a New Normal Amid Increased Health and Safety Requests

2021-03-12T00:28:56+00:00March 2nd, 2021|News, Press|

The pandemic catalyzed a new wave in demand for health and safety norms in multifamily housing. Renters are increasingly concerned that buildings are able to reduce the risk of airborne illnesses. Contractors are guiding the process by working with developers and other multifamily stakeholders and finding innovative ways to boost the health and safety

RAAM Construction: Affordable Housing Is a Bright Spot in a Sea of Uncertainty

2021-03-12T00:19:02+00:00February 24th, 2021|News, Press|

The multifamily sector has not been exempt from the impacts of the pandemic. While the sector hasn’t been rocked in the same way as hotels and retail assets, multifamily has suffered from reduced rent collections, negative rent growth and declining occupancy rates. There is one bright spot: affordable housing. “Multifamily is one of the

Contractors Prep for Increased Affordable Housing Development

2021-02-25T23:00:44+00:00February 16th, 2021|News, Press|

The pandemic may catalyze a boom in affordable housing construction in Southern California. Affordable housing was already in high demand before the pandemic, and the economic dislocation has only driven demand up. In addition, affordable housing typically outperforms traditional multifamily product during market downturns. This has created a perfect storm for increased affordable housing

Developing Sustainable Multifamily Communities in the Post-COVID Era

2021-02-25T22:55:36+00:00December 7th, 2020|News, Press|

One fact is clear as multifamily stakeholders plan for a post-pandemic future: controlling operations cost will be of the utmost importance. This means general contractors that can offer apartment developers innovative, cost-effective solutions that positively impact owners' and renters' bottom line will be in demand. Read Article

How to Build Against Wildfires

2020-11-26T00:45:41+00:00November 23rd, 2020|News, Press|

The wildfire season has been tough on California in 2020. Since the beginning of the year, more than 4 million acres have burned across the state and more than 10,000 structures were damaged or destroyed, according to the California Department of Forestry and Fire Protection. With limited availability for development in core sites, developers

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.