Multifamily

The Curve at West Los Angeles will add 70 units of affordable housing to the market along with 2,000 square feet of retail.

The developer closed on two mezzanine construction loans totaling $24.3 million for projects in Denver and Phoenix.

A brief pause to rein in the annual delivery pace from current levels around 300,000 market-rate units wouldn't be a bad thing for areas where construction is most aggressive, Greg Willett says in this EXCLUSIVE.

SB 196 provides a property tax exemption to affordable housing developers during construction.

The fund is the first fund venture for PRG Real Estate, which has a more than 30-year track record of successful investments throughout the United States with a current portfolio of more than 10,000 units, 275 employees, and more than $1.25 billion of assets under management.

Padilla, who has served as CEO for 20 years, will become executive chair of the Minneapolis-based firm at that time.