The Westin Bonaventure, Los Angeles, CA | October 20th, 2016 at 9.25am
Robert Champion will speak at RealShare APARTMENTS – Clearing the Hurdles: Development Update
Demand from both individual renters and investors for apartment homes and buildings has intensified. To meet this growing need, developers have expanded the volume of new construction. This, of course, leads to a quandary. On one hand, multifamily builders want to create the best product to lure both renters and potential investors. On the other hand, the costs of construction materials, land and labor remain high and loans are becoming more expensive due to Dodd-Frank regulations. How are today’s apartment developers managing to pencil deals out in this climate? Be it new construction or redevelopment, which investments, including materials to amenities, are worth making? The apartments sector’s most active developers share insights on the development drivers and challenges that influence their decisions and shape their pipelines.