Church and state join in push for new wave of resi development
As costs for new developments continue to impact project decisions, some developers are turning to God for answers – well, sort of. By partnering with local churches for new housing on church-owned land, affordable housing developers can eliminate the added cost of a land acquisition, which can be significant. A fourth quarter report from Avison Young shows the typical land acquisition for new developments in Los Angeles County was $100 to $190 per square foot, when examining the middle 40% of 2025 transactions. By that metric, a developer looking to build a 100-unit multifamily complex in L.A. on one acre […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Tile Drenching: The Bold Bathroom Tile Trend That Maximizes Space and Adds Luxury
LA REITs Douglas Emmett, Hudson Pacific Properties earnings highlights
Inside a Modern Hamptons Home With Views in Nearly Every Direction
Matteo Thun designs Torre Velasca interiors using "building itself as the starting point"
SABO Project "softens divisions" inside Manhattan apartment
Nithya Raman won. Now what?
This Breezy Los Angeles House Has “a Little Funk to It”
Developer pitches data center at City of Industry golf course
A.J. Khair advancing resi, retail project on Sunset Strip in WeHo
Kim Kardashian’s Beverly Hills Marital Villa Lists for $8.5 Million—Plus 4 More Luxury Homes for Sale
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
26895 Aliso Creek Rd, B-603, Aliso Viejo, California 92656, USA