LOS ANGELES—Multifamily is the most developed property type in resurging markets, according to John Petricola, CCIM, SVP and regional development officer at the Rockefeller Group. Petricola, who oversees development in the Southwest region, recently spoke on the Urban Resurrection panel at CCIM Thrive in Downtown Los Angeles, and sat down for an exclusive video interview to discuss the development trends in his markets. In this interview, he discusses:
- The most popular property types for development
- Which markets are considered “resurging”
- Some of the upcoming projects in the Rockefeller Group's pipeline
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