If a company has large groups of workers in “the urban fringe,” it may start to set up locations in these areas.
The industry is at a breaking point—many have burned through their reserves and cannot continue to bear the financial burden of housing the nation’s renters alone, says NAA’s Bob Pinnegar.
The former Corrigan Tower was transformed from a midcentury office building to a 150-unit class-A multifamily building with ground-floor retail and a rooftop pool, now called 1900 Pacific Residences.
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