Multifamily Residential Construction/Rehabilitation/Management
Multifamily properties are an essential part of residential housing in communities in Southern California and across the nation. It is true that- multifamily housing increases the variety, density, variety, and efficiency of a municipality’s housing.
Here are 4 ways that multifamily housing improves our cities:
- Rejuvenating economic vitality by improving the livelihood of workers and businesses.
- Developing fiscal health by efficiently using public resources and increasing the tax base.
- Expanding environmental sustainability by efficiently building and operating residential units
- Improving the quality of life by allowing for healthy, culturally vibrant, and place-based lifestyles
Multifamily housing also serves a wide range of household types and needs.
The wide range of available unit types, locations, and price points means that multifamily housing can accommodate many types of household types, lifestyle preferences and income levels. Multifamily housing is efficient and cost-effective to both operate and build. Usually multifamily housing development costs are much lower on a per-unit basis than single-family. Multifamily housing also can make more efficient use of utilities and other infrastructure.
LA Life Dev believes in Multifamily Housing
Our team at LA Life Dev believes that multifamily housing is one of the most efficient ways to increase the supply of housing, which is necessary to accommodate employment and household growth. That is why we develop and invest in properties managed and sourced by real estate operators and owners who are successful in disposition of distressed real estate assets, tracking records of acquisition, management, and renovation. We can partner through the entire project delivery, assisting affordable, senior, special needs and multi-family housing.
