Higher Construction Costs Not Deterring Multifamily Developers
Construction costs may be on the rise, but multifamily is still one of the best bets these days, according to developers.
"The cost of construction has gone up a lot," Cypress Equity Investments Chief Financial Officer Alla Sorochinsky said at Bisnow's Big West Coast Multifamily Event on July 20 in LA.
She said the yields Cypress Equity Investments was getting two years ago are not…
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Everything You Need To Know About Multifamily
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Rams, Chargers Bringing Much More Than Football To Inglewood
A few years ago, Inglewood nearly went bankrupt. But the "City of Champions" is on the upswing and faces its next wave of change as home to the new NFL stadium housing both the Rams and the Chargers. That stadium and the surrounding development it attracts could be a boon for the city, but could also bring new challenges.
Driving along West Manchester Boulevard in Inglewood, it is hard to miss the construction crews and heavy equipment making the new $2.6B stadium a reality.
Plans called for the stadium to be ready for the NFL's 2019 season, but record…
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California Experiences Hotel Boom In First Half Of 2017
California has seen a hotel boom so far this year.
The number of new hotels that opened statewide in the first half of the year increased 53%.
There were also 15% more hotels in development and 6% more under construction…
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MCA Realty Sells Brookhollow Freeway Showroom Center's Final Building For $3.3M
MCA Realty recently sold the last building in the Brookhollow Freeway Showroom Center for $3.3M to WTW Properties.
The facility, an 87,609 SF multi-tenant retail project at 154 East Warner in Santa Ana, has four buildings, three of which were…
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How Close Is Too Close? E-Commerce Pushing Last-Mile Hubs Closer To Population Centers
Demand for distribution centers in close proximity to shoppers is growing as e-commerce continues to fuel consumers' need for immediacy and convenience. Retailers and e-commerce providers are nearing their final destination as they push to set up shop closer to customers. Most big players have already made it to within less than 10 miles of some of the biggest U.S. cities.
But to get closer with last-mile distribution hubs, retailers may have to get creative.
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5 Cities Bringing Comic Book Universes To Life In Film
The universes created by comic book writers and artists have inspired and drawn inspiration from modern architecture for decades. Children around the world — and more than a few adults — dive into the pages of comic books and dream of swinging through Manhattan like Spider-Man, soaring high above Metropolis like Superman or hiding in the shadows of Gotham City's skyscrapers like Batman.
Here are five cities whose architecture serves as the perfect canvas.
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