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From dog washes to bowling alleys, amenities are becoming a big focus for apartment developers on the West Coast. Demand to rent remains high and developers are renovating and building high-end amenities to bring in and retain renters. 
California has the highest number of renters of any state, with 6.5 million residents living in apartments as of 2015, according to the National Multifamily Housing Council. Apartments represent 42% of housing in Los Angeles and 41% in San Francisco,…
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Land Swap Opens Door For Affordable Housing At Oakland's Brooklyn Basin
An updated land deal between the City of Oakland and Brooklyn Basin master developer Zarsion-Oakland Harbor Partners has paved the way for planned affordable housing. The city, partnering with nonprofit developer MidPen Housing, would have needed to finance retail and parking…
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Walker & Dunlop Arranges Construction Financing For High-End San Francisco Apartment Project
Walker & Dunlop secured $66.5M in construction financing for a luxury apartment building in San Francisco. Walker & Dunlop capital markets group managing directors Kevin O'Grady, Daniel Sheehan and Eric McGlynn arranged the financing. The loan, provided by Square Mile Capital,…
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Jared Kushner's Diplomatic Entanglements Mount: These Are The 4 Biggest ControversiesSome say 36-year-old White House senior adviser Jared Kushner deserves sympathy after his family prematurely threw him into the deep end. Others say the heir to a real estate empire is a protégé who has become adviser to the most powerful man in the world despite his lack of political experience. Whatever the belief, President Donald Trump's son-in-law is embroiled in controversies that could result in an indictment while he serves in his first-ever government position. As political chaos abounds on Capitol Hill, here are four of the top Kushner controversies CRE players should be aware of. |
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This Former Slaughterhouse Is A Perfect Example Of The Circular EconomyIn 1906, Upton Sinclair's “The Jungle” depicted the harsh conditions workers toiled under inside the slaughterhouses of the Union Stock Yard and Packingtown. A century later, this area that gave Chicago its brawny identity as “hog butcher for the world” is now home to several new food businesses focusing on sustainability, and The Plant in Back of the Yards is its epicenter. |
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