LOS ANGELES—Development-focused ballot initiatives, like Build Better L.A. and the Neighborhood Integrity Initiative, are causing some concern in the development community, at least in the short-term. At RealShare Apartments, GlobeSt.com sat down for an exclusive interview with Jim Andersen, SVP of Trammell Crow, to talk about the upcoming ballot measures. While he believes that developers will adapt in the long-term, he does think there is reason to be concerned in the short term. “We find a way to adjust to [new rules], and the market finds its own equilibrium,” says Andersen in the interview. “In the short-term, we are going to have chaos.”

Andersen also talked about the firm's development strategy, and some of the avenues that it is utilizing to stay competitive and turn a profit this late in the cycle. Trammell Crow has been forging more and more public-private partnerships and is focusing on development projects that are proximate to transit, which Andersen says is a becoming a crucial characteristic of development projects, especially for multifamily projects.

Press play to hear more about how these ballot measures might affect developers and how Trammell Crow's strategy is evolving with the cycle.

LOS ANGELES—Development-focused ballot initiatives, like Build Better L.A. and the Neighborhood Integrity Initiative, are causing some concern in the development community, at least in the short-term. At RealShare Apartments, GlobeSt.com sat down for an exclusive interview with Jim Andersen, SVP of Trammell Crow, to talk about the upcoming ballot measures. While he believes that developers will adapt in the long-term, he does think there is reason to be concerned in the short term. “We find a way to adjust to [new rules], and the market finds its own equilibrium,” says Andersen in the interview. “In the short-term, we are going to have chaos.”

Andersen also talked about the firm's development strategy, and some of the avenues that it is utilizing to stay competitive and turn a profit this late in the cycle. Trammell Crow has been forging more and more public-private partnerships and is focusing on development projects that are proximate to transit, which Andersen says is a becoming a crucial characteristic of development projects, especially for multifamily projects.

Press play to hear more about how these ballot measures might affect developers and how Trammell Crow's strategy is evolving with the cycle.