LOS ANGELES—It probably won't come as a surprise that the multifamily product delivered in Los Angeles is very different than the product in Chicago. At RealShare Apartments, we sat down with Kevin Farrell, SVP of Century West Partners and president and CEO of Fifield Realty, to discuss the differences between development in the Chicago and Los Angeles markets.

Parking requirements and building height are the biggest differences, and Farrell says that in Los Angeles they are building “a very different product type. While there are many differences, Farrell says that all the new developments have robust amenity packages, which is the biggest commonality between the markets.

During the interview we discuss the firm's current projects, where we are in the development cycle, what is driving demand in multifamily and what developers breaking ground today expect from the market in two to three years. Press play to hear more.

LOS ANGELES—It probably won't come as a surprise that the multifamily product delivered in Los Angeles is very different than the product in Chicago. At RealShare Apartments, we sat down with Kevin Farrell, SVP of Century West Partners and president and CEO of Fifield Realty, to discuss the differences between development in the Chicago and Los Angeles markets.

Parking requirements and building height are the biggest differences, and Farrell says that in Los Angeles they are building “a very different product type. While there are many differences, Farrell says that all the new developments have robust amenity packages, which is the biggest commonality between the markets.

During the interview we discuss the firm's current projects, where we are in the development cycle, what is driving demand in multifamily and what developers breaking ground today expect from the market in two to three years. Press play to hear more.