1,900 acre property is zoned for 1,350 residential units and 800,000 SF of commercial
History with the entertainment industry? Check. Within driving distance of 20 million residents? Check. Zoned for a state-of-the-art mixed use sustainable development? Check, check, check. These are the conditions of which developers dream, and those are the conditions currently surrounding Arrowhead Springs. It’s a prime site, one the owner knows… Read More
The energy boom is expected to support 3.5M jobs by 2035, a 36% increase
The U.S. is in the midst of a historic energy boom that is set to create a ripple effect on office, industrial, hotel, multifamily and retail space now and in the future.Why? It’s simple, really. More production requires more facilities, and creates more jobs. Those employees and their families need nearby housing, places to work and places to… Read More
37 percent of new US jobs created since 2002 are related to natural gas and oil drilling, causing a major growth in housing demand in energy-centric communities. View the infographic below to see how this job growth, paired with other societal factors, is impacting multifamily housing trends.
Tweet this: @JLLNews says check out this #JLL infographic on how the #energy #boom is… Read More
Javier Rivera, Vice President of Capital Markets, shared his thoughts with the Los Angeles Business Journal on a unique housing development project in Pasadena. Javier’s primary responsibility is to build the company’s multifamily investment sales and finance business in Southern California.
The Ambassador Gardens housing development project in Pasadena’s Ambassador College campus will… Read More
Brian Prock, Senior Vice President for Project and Development Services, was interviewed in a GlobeSt.com article on the construction climate in OC. Construction job growth is steadily on the rise due to decreasing commercial property vacancy. Developers are starting to see this as an opportunity for large build-to-suit… Read More
Javier Rivera, Vice President, Multifamily, gives an overview on the current multifamily market in an exclusive thought leadership video on GlobeSt.com. Javier explains the Los Angeles apartment market performed exceedingly well in 2012 with occupancy remaining stable at 95%. Surprising experts, the year over year rent growth of 7% was third in the nation behind only San Francisco and San Jose.