LOS ANGELES-There is a lot happening in the general economy right now. There is uncertainty in overseas markets, and we are facing a serious cliff in this country. Hessam Nadji, managing director of research advisory services at Marcus & Millichap, talks about what the multifamily sector needs to overcome to continue to thrive during his keynote speech here at the recent RealShare Apartments 2012 conference.
The first half saw record performance for the multifamily sector, although the perennial problem of affordable housing persists, says IPA’s Jeff Daniels.
At a sale price of $275 million, Cupertino-based developer Hunter Properties recently disposed of Phase I of Coleman Highline, a 1.75 million-square-foot mixed-use campus.
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