Placing the Del Ray Apartments' sky decks along the southern edge and opening up the pool decks to overlook a wildlife sanctuary and hills to the southeast provides the project with a vital connection to nature, TCA's Irwin Yau tells GlobeSt.com.

And with the Fed apparently planning to raise interest rates slowly, the strong demand for homes should continue for some time.

“Securing financing for a development to be built in phases based upon the property's layout could have been challenging.”