News

Barker Pacific Founder Michael Barker Passes Away, Age 80

Barker Pacific Founder Michael Barker Passes Away, Age 80

California & West + Apartment Buildings

Privately held national real estate firm Barker Pacific Group (BPG) announced the unexpected passing of CEO Michael Barker, who founded the company in 1983. Barker, 80, died suddenly last month, after falling while visiting Texas. “We’ve lost a leader, an innovator, and a long-time legend in the commercial real estate industry,” said Mark Handin, BPG’s...

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LA County Wildfires: A Guide to Relief Resources

LA County Wildfires: A Guide to Relief Resources

California & West + Apartment Buildings

With tens of thousands of acres burned, more than 10,000 structures destroyed and thousands of residents displaced, the January 2025 wildfires across Los Angeles County may be the costliest disaster of their kind on record. Connect Media was founded in LA County and continues to be based here, and as members of the community, we’re...

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Interra Realty Arranges Two Chicago Multifamily Sales

Interra Realty Arranges Two Chicago Multifamily Sales

Chicago & Midwest + Apartment Buildings

Interra Realty has brokered the sale of two separate multifamily properties in Chicago: a 16-unit mixed-use apartment building at 6405 N. Wayne Ave. in Chicago’s Rogers Park neighborhood for $3.45 million and a five-unit rental community at 1933 S. May St. in the city’s Pilsen neighborhood for $1.26 million. Interra Senior Managing Partner Brad Feldman...

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TruAmerica Multifamily Pledges Relief from LA Wildfires

TruAmerica Multifamily Pledges Relief from LA Wildfires

California & West + Apartment Buildings

As firefighters across Los Angeles County continue to battle a series of deadly wildfires that have burned through thousands of acres and destroyed thousands of homes and other structures, locally based TruAmerica Multifamily is pitching in to provide relief. “As we face this challenge together, we are offering short-term rental housing options to those that...

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New Zoning Proposal Would Allow More Towers in Downtown Boston

New Zoning Proposal Would Allow More Towers in Downtown Boston

Boston & New England + Apartment Buildings

The City of Boston’s latest zoning proposal for downtown would allow towers to be built on the side of Washington Street closest to Boston Common, a longer stretch of Washington Street than a proposal last spring would have allowed. However, the Boston Business Journal reported there’s a catch: the building must be at least 60%...

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Western Washington University Completes Kaiser Borsari Hall

Western Washington University Completes Kaiser Borsari Hall

Seattle & Northwest + Student Housing

Western Washington University (WWU) marked a major milestone by completing Kaiser Borsari Hall, a cutting-edge learning facility. The new building will not only expand capacity in WWU’s growing electrical and computer engineering, energy science, and computer science programs but also set a precedent as the first publicly funded zero-energy academic building on a university campus...

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New Luxury Housing Community Planned in Bellevue

New Luxury Housing Community Planned in Bellevue

Seattle & Northwest + Apartment Buildings

Toll Brothers, Inc. announced that a new Seattle-area community, Enclave at Kelsey Creek, is coming soon to Bellevue, Washington. The housing development will include sophisticated, greenbelt homes in the Bellevue School District. Home construction is underway, and the community is anticipated to open for sale in spring 2025. Surrounded by 17 acres of green space, the...

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State Tax Credits, Affordable Housing, and Best Practices

State Tax Credits, Affordable Housing, and Best Practices

Apartment Buildings

Cost-burdened renters and issues with housing affordability aren’t going away. According to the Joint Center for Housing Studies of Harvard University, “rental affordability has continued to worsen as a growing share of household income has been devoted to rent.” One obvious solution is—build more housing. A recent article published in the Novogradac Journal of Tax...

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