Officials Aim to Aid Affordable Developers, Eyeball Vacant Assets

Officials Aim to Aid Affordable Developers, Eyeball Vacant Assets

Local governments in Southern California made several moves carrying implications for real estate investors over the past week. In Los Angeles County, the Board of Supervisors is drafting the Community Opportunity to... Read more »
Pasadena Reviews Apartments Plans From Separate Developers

Pasadena Reviews Apartments Plans From Separate Developers

Developers push infill housing projects in Pasadena which are moving forward following analysis by the Pasadena Design Commission.  On Tuesday, the commission reviewed calls for multifamily construction at 1034 Locust Street and... Read more »
Developers Plot Multifamily Housing Near Culver City Core

Developers Plot Multifamily Housing Near Culver City Core

Two low-slung residential buildings in Culver City are poised to be demolished for a taller multifamily structure.  An application filed with the city calls for the construction of a six-story residential building... Read more »
Uncommon Developers Takes Community-Building Approach

Uncommon Developers Takes Community-Building Approach

Asked what Uncommon Developers seeks to bring about with its mixed-use and multifamily projects, co-founder Ryan Hekmat replied, “job creation.” More broadly, Hekmat told Connect CRE that the goal is to grow the local communities surrounding the projects.... Read more »
Rise of the ‘Zombie HOA’: What Happens When Developers Fail To Hand Over Control to Residents

Rise of the ‘Zombie HOA’: What Happens When Developers Fail To Hand Over Control to Residents

Homeowner associations are more common than ever, but when developers are unwilling or unable to hand over control to residents, troubling issues can arise. The share of homes for sale in the... Read more »
California Bill Could Require Apartment Developers to Fund Grocery Construction

California Bill Could Require Apartment Developers to Fund Grocery Construction

California rental housing developers could be required to fund grocery store construction or set aside space for a future store near their projects under a bill being considered in the state Legislature,... Read more »
Los Angeles Developers Build Housing at Church Sites

Los Angeles Developers Build Housing at Church Sites

As costs for new developments continue to impact project decisions, some developers are turning to God for answers – well, sort of. By partnering with local churches for new housing on church-owned... Read more »
Local Developers Acquire San Francisco Centre, Plan Makeover

Local Developers Acquire San Francisco Centre, Plan Makeover

The shuttered San Francisco Centre Mall will have a new owner. A partnership of San Francisco developers Presidio Bay and Prado Group has been awarded the property after bidding on it last... Read more »
Hollywood Apartment Project Doubled by Uncommon Developers

Hollywood Apartment Project Doubled by Uncommon Developers

Uncommon Developers is tweaking its plans for an apartment building in Hollywood.  The Chatsworth-based development firm has beefed up its proposal for apartments at 7441 Sunset Boulevard, Urbanize Los Angeles reported.  A... Read more »
Why developers are turning to modular for sustainability and resilience

Why developers are turning to modular for sustainability and resilience

In response to drastic economic changes and environmental concerns, industries are quickly realizing the benefits of investing in sustainable practices that can positively impact their business operations. Modular construction provides housing developers... Read more »