Multifamily

Mixed-use projects are appealing to residents in the Bay Area because those developments combine housing with amenities and conveniences, along with proximity to jobs, transportation and services.

LEM named Allison Bradshaw a senior vice president. She will play a lead role on the originations team and works with the managing partners to oversee the strategic growth of the firm, which booked over $1B in transactions in 2018.

These units allow residents to live either independently or with a roommate at a price point that otherwise doesn't exist for the location and level of quality that is being provided, says Delk in this <b>EXCLUSIVE</b>.

Three micro apartment buildings each sold at full list price of $28.4 million total, demonstrating the continued demand for this type of unit despite city regulations barring new micro-unit construction.

Typical economic indicators like employment, inflation, and investment remain favorable for the apartment sector, and, even though demand for housing remains high in many markets, permitting and completions ticked down in 2018.

The property is in a densely developed area on the employment-rich north side of Indianapolis, a demographic that presents strong opportunities for Emma Capital, says the firm's asset manager, Brian Rakowski.

The 21-story, luxury condominium with ground floor retail is scheduled to be completed in Q1 2021.

Business and political leaders have expressed deep concern that a long-lasting moratorium could have a dramatic impact on the billions of dollars in new development projects that are in the pipeline in the affected areas of the county that include the cities of Mount Vernon, Yonkers, New Rochelle and White Plains.