Globest Sectors

CHICAGO—Developers in the Chicago suburbs can't seem to put up new buildings fast enough to satisfy demand for class A space.

LOS ANGELES—Multifamily experts at the recent RealShare Apartments say that development is in a good spot, that there is a huge opportunity for private buyers and ask whether banks and insurance companies will continue to build their balance sheets as they have been.

Here's a look at the latest news, announcements and deals that you may have missed in Alaska, Washington, Oregon, Idaho, and Northern California.

NEW YORK CITY—Looking to relocate from Midtown West, the not-for-profit organization found the purchase to be more cost-effective than signing a long-term lease.

LOS ANGELES—The developer completes construction on the Wren Residences, a 362-unit luxury apartment complex on the land site that once broke records in Downtown Los Angeles.

PLEASANTON, CA—The Diablo Technology Center within the Hacienda Business Park gets new ownership after seller Ridge Capital Investors LLC invested in significant common area, landscape, signage and tenant space improvements, signifying the value to be had in office/R&D assets.

SAN DIEGO—Partnering with experts to enhance development services is one way to augment your offerings and add to your bottom line, Sunrise's Jesse Holland tells attendees at IREM's Fall Conference here.

IRVINE, CA—While it sounds simple, keeping the units habitable when occupied by rent-restricted and income-restricted individuals can be quite challenging, WNC's Kristin Han tells GlobeSt.com <b>EXCLUSIVELY</b>.