-
Affordable Housing Pasadena: Update on the City’s Development Goals
In 2020, council member John Kennedy announced a goal for 1000 units of affordable housing in 1000 days. Community Builders Group broke ground on their 280 Oakland Ave project, which will provide 180 of those units. The regional council of Pasadena is also requiring the city to build 9,400 units by 2049.
-
Inland Empire Commercial Real Estate: Cali’s Fastest Growing Market
Riverside-San Bernardino, referred to as the Inland Empire, posted stronger gains than its larger neighbor Los Angeles along with every other metropolitan area in California. Marcus & Millichap ranked Inland Empire as 14th on its list of 46th markets in the country. The metro is known and recognized as an industrial hub for the region.…
-
San Diego Real Estate Developers Focus on Urban Development Models
San Diego is focused on developing mixed-use and urban infill projects which will increase the city’s density in the coming years. This is a big change since the city has historically developed outward as a sprawling suburban metropolis.
-
Real Estate Developers in Los Angeles Work on Exciting New Projects
It is a very exciting time for Los Angeles and the surrounding area with several new development projects underway or about to break ground. All the developments, whether it be a new LA Chargers facility or a new retail center, are shaping the way the city looks and continuing to drive growth within the community.
-
The Riverside Housing Market is Expected to Boom
The Riverside City Council just approved the opportunity for 20,000 new homes to be built by 2029. The city had some mixed reactions – some believe it will increase traffic within the community while others are expecting it to improve overall living quality in the city. Regardless, the county has moved forward with it and…
-
Real Estate Developers in Los Angeles Meet Affordable Housing Needs
Downtown LA is currently the top neighborhood in the country for new construction of apartment buildings (nearly doubling in the last five years). Demand for housing is at an all-time high, likely due to COVID-19, leading to record highs in rent prices. Many Los Angeles real estate developers are looking at this opportunity to take…