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Developers should focus less on the benefit from the opportunity zone incentives and more on the overall return from investing in the property, says Jeff Monge, managing partner of Monge Capital.
Investors have been active in Sacramento during the last year because of low vacancy, high demand, lack of new construction and affordable developable land, resulted in a spec development spike.
A SXSW panel pondered, in an age where medical diagnoses can be accessed on an app and vital signs monitored on a wristwatch, how can the industry innovate its way out of the affordable housing and homeless crisis?