Only Ourselves to Blame
Long before Newtown and the ongoing wave of mass shootings gripping the U.S., the fiction of safe suburbs versus dangerous cities had been upended. The urban white flight of the 1960 and 1970s stopped and even reversed in recent years as 24-hour cities appeared safe and secure, especially in upscale neighborhoods. Today young families may move out of cities back to suburbs, looking for better public schools, but today they rarely leave out of fear of violence or for a safer environment.
JERSEY CITY, NJ—High-end supply now outpaces demand in many markets, writes Altus Group’s Chuck DiRocco in this EXCLUSIVE commentary.
SAN DIEGO—Gene Ventura, who recently joined Faris Lee Investments after a lengthy and successful development career focused on the Midwest, tells GlobeSt.com you can be anywhere due to the virtual nature of business today.
IRVINE, CA—Coordinating as many as 10 bidders for one apartment sale demonstrates the confidence investors have in the multifamily investment market in Orange County as we continuue into a new year, Colliers’ Patrick Swanson tells GlobeSt.com.
SAN DIEGO—Berkadia’s Ernie Katai discusses the multifamily demand and fundamentals that have helped his firm achieve rapid growth and how the firm is preparing for the year ahead, in this EXCLUSIVE video interview.