What is The Most Popular Trend Fueling Multifamily Developments?
Orig Post bisnow.com | Re-Post MNM Partners 5/5/2016
Multifamily is booming in California. With all the talk of trends in the industry, what is the top trend right now in multifamily and mixed-use? Bisnow recently caught up with a handful of heavy hitters to weigh in on that question. They all will be speakers at Bisnow’s Annual Multifamily and Mixed-Use Conference on July 20 at the Omni Hotel in downtown LA.
Colliers International EVP Kitty Wallace says where multifamily is concerned, people want to have a convenient space in which to live. As a result, many residents are opting to live in smaller spaces (including less than 400 SF) as long as the space is well-organized and has an ideal layout. Amenities, including desirable common areas and popular retail in the immediate vicinity, are very important, according to Kitty.