A few years ago, mixed-use multifamily developments were all the rage.
It seemed like every multifamily developer in Orange County, Los Angeles and throughout the Southern California region was placing ground-floor retail in its developments.

But fast forward to 2019 and it seems the retail portions of many of those mixed-use properties are not doing as well as many had hoped. "From my perspective on the lending side, we've seen a lot of the retail never come into fruition," Bellwether Enterprise…
Read the full story here.
|