City of LA Looks to Spur Development of Larger apartments

City of LA Looks to Spur Development of Larger apartments

Developers in Los Angeles may get bonuses for building three- and -four-bedroom apartments. Los Angeles City Council President Paul Krekorian has filed a motion to create a new density bonus incentive to... Read more »
Work begins on transformative condo and hotel development in Beverly Hills valued at nearly  billion

Work begins on transformative condo and hotel development in Beverly Hills valued at nearly $5 billion

Construction has begun on One Beverly Hills, a nearly $5-billion condominium and hotel complex that promises to transform the Beverly Hills skyline and be a commanding presence on its western edge. With... Read more »
Mayor Karen Bass Comes Out in Support of Studio Development

Mayor Karen Bass Comes Out in Support of Studio Development

Mayor Karen Bass has spent her first year in office advocating for the construction of affordable housing. But, the mayor has a new item on her agenda: studio development.  Last week, Mayor... Read more »
Kidder Mathews Sues Oak Valley Development Over Commissions

Kidder Mathews Sues Oak Valley Development Over Commissions

Kidder Mathews of California, the West Coast arm of the brokerage firm Kidder Mathews, is suing Oak Valley Development for breach of contract over commission fees tied to an industrial project. According... Read more »
FHLBank San Francisco Launches  Million Tribal Nations Program to Spur Affordable Housing Development for Native American Communities

FHLBank San Francisco Launches $1 Million Tribal Nations Program to Spur Affordable Housing Development for Native American Communities

SAN FRANCISCO, CA—The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) today announced the launch of a new $1 million Tribal Nations Program that provides critically necessary infrastructure funding grants... Read more »
Former Ginnie Mae president applauds the development of new HMBS product

Former Ginnie Mae president applauds the development of new HMBS product

Ted Tozer, former president of Ginnie Mae during the Obama administration and current president Alanna McCargo’s most recent Senate-confirmed predecessor, applauded the news that the company is looking into the development of... Read more »
Sterling Bay Selling Fulton Market Development Site Near Google HQ

Sterling Bay Selling Fulton Market Development Site Near Google HQ

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces... Read more »
Sterling Bay Selling Fulton Market Development Site Near Google HQ

Navy Selects Development Team for NAVWAR Project 

Ending a year-long selection process, the U.S. Navy selected a development team led by San Diego-based Manchester Financial Group and McLean, VA-based Edgemoor Infrastructure and Real Estate, the San Diego Union-Tribune reported.... Read more »
Ex-LA Councilman Huizar Faces 13 Years in Development Scheme

Ex-LA Councilman Huizar Faces 13 Years in Development Scheme

Federal prosecutors want more than a decade in the slammer for former L.A. councilman José Huizar, who admitted to leading a pay-to-play corruption scheme tied to real estate developers. Prosecutors urged a... Read more »
Sterling Bay Selling Fulton Market Development Site Near Google HQ

$60M Secured for a Minnesota Community Development

JLL Capital Markets has arranged mezzanine and construction financing totaling $60.14 million for Avalon Apartments and Townhomes, a mid-rise multifamily and townhome development located in Minnesota. JLL worked on behalf of the... Read more »