Development

A $288.8 million construction loan was recently obtained for MIRO, a pair of 28-story luxury apartment towers comprising more than 600 residences and 20,000 square feet of retail and commercial space in San Jose, due for completion in 2020.

But many private investors are eager to jump into the sector, and forming JVs with the big players looks like a good option.

The latest deals, personnel moves, happenings and trends in the Midwest.

There is an old saying that one can be penny wise, but pound foolish. It certainly applies here.

As we continue to experience a population boom and overwhelming need for suitable housing, architects and planners must find ways to achieve high-density living solutions that are innovative and cost effective, MVE's Richard Castillo tells GlobeSt.com.

Prospects for Bay Area real estate markets have shifted significantly, whereby San Francisco's ranking falls from 10th to 27th and Oakland goes from 14th to 20th, while San Jose jumps from 17th to eighth place.

R.D. Olson completes an adaptive reuse hotel project near LAX, but, despite the sudden attention on the market, hotel development is becoming more difficult.

San Diego makes a strong case for Amazon locating its second headquarters in East Otay Mesa, but even without it, companies will be drawn to this submarket, Chesnut Properties Lee Chesnut tells RealShare San Diego attendees.